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Do I need to be PCI compliant if I dont accept credit cards

Forum|Forum|2 years ago
August 1, 2023
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QuickBooks Online

Best answer by Tori B

That's a great question. Per PCI regulations, merchants who process, handle, transmit, or store credit card data are required to be PCI compliant. With that said, if you have the option to store credit card data, even if you do not, you are still required to be PCI compliant.

You and any other processors of credit cards are required by the credit card companies VISA, MasterCard, AmEx, and Discover to be compliant. This is because they are unable to tell the difference between merchants who store information on their phones or computers and those who do not.

For more in-depth information, feel free to check out Learn about QuickBooks PCI Service.

Please don't hesitate to let me know if you have any follow-up questions or concerns. Take care!

Tori BAnswer

Hi there, @richardbotelhore.

That's a great question. Per PCI regulations, merchants who process, handle, transmit, or store credit card data are required to be PCI compliant. With that said, if you have the option to store credit card data, even if you do not, you are still required to be PCI compliant.

You and any other processors of credit cards are required by the credit card companies VISA, MasterCard, AmEx, and Discover to be compliant. This is because they are unable to tell the difference between merchants who store information on their phones or computers and those who do not.

For more in-depth information, feel free to check out Learn about QuickBooks PCI Service.

Please don't hesitate to let me know if you have any follow-up questions or concerns. Take care!

S

SpartanHeroElectric

How does this work because I am only accepting card payment from online, so the customer must enter their info into QuickBooks. I don’t accept CC payment another type of way, why do I need to be pci compliant? QuickBooks handles the entire process and does not give me access to CC information. Trying to understand how and why I need this.

A

Aldren18

It’s perfectly normal to view PCI compliance as an extra task, @SpartanHeroElectric. I resonate with your views and am eager to provide all the significant information for your decision-making.

When accepting card payments online, customers enter their payment information directly into QuickBooks, which securely processes these transactions. Even though you don’t handle or store the credit card data yourself, you still have access to a merchant account that processes this sensitive information.

As a merchant, adhering to PCI standards protects cardholder data and ensures the integrity of the payment process. PCI compliance involves following security protocols to protect sensitive financial information from breaches and fraud. This protects your customers and builds trust in your business while helping you avoid penalties for non-compliance.

Furthermore, I’ve included these valuable resources to deepen your understanding of QuickBooks PCI Compliance:

Additionally, I’m sharing this helpful article for your future reference on keeping your data secure and understanding how QuickBooks protects your financial information. This resource provides valuable insights into the robust security measures implemented by QuickBooks, including advanced encryption, multi-factor authentication, and regular data backups: Privacy and security in QuickBooks.

I appreciate your willingness to seek clarity on this matter. Your proactive approach shows a commitment to your business and customers. Remember, you’re not alone in this journey. Please revisit this channel for any inquiries regarding PCI compliance or assistance with QuickBooks tasks. My team and I are always here for you.