Square PCI Compliance Solutions for Secure Business Operations

Square's PCI compliance solutions are designed to help businesses securely process credit card transactions. Square's systems are built to meet the Payment Card Industry Data Security Standard (PCI-DSS) requirements.

Square's encryption technology protects sensitive card information, encrypting it at the point of entry. This ensures that card data is secure throughout the payment process.

To achieve PCI compliance, businesses must implement robust security measures, such as firewalls and access controls. Square's solutions help businesses meet these requirements by providing secure payment processing and storage of sensitive data.

Square's PCI compliance solutions include features like tokenization, which replaces sensitive card information with a unique token. This reduces the risk of data breaches and makes it easier to comply with PCI-DSS requirements.

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Achieving PCI compliance is a crucial step in protecting sensitive customer data, and it offers numerous benefits for businesses.

By complying with PCI standards, merchants can significantly reduce the risk of data breaches and associated financial losses.

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This is evident in the fact that non-compliant businesses are more likely to experience data breaches, with 73% of non-compliant businesses experiencing a data breach compared to 42% of compliant businesses.

Maintaining PCI compliance also helps to build trust with customers, who are more likely to do business with companies that prioritize their data security.

According to a study, 70% of consumers are more likely to trust companies that have a strong data security policy in place.

By investing in PCI compliance, businesses can also reduce the costs associated with data breaches, which can be substantial.

In fact, the average cost of a data breach is $3.86 million, a cost that can be avoided by maintaining PCI compliance.

Ultimately, achieving PCI compliance is a worthwhile investment for businesses that want to protect their customers' sensitive data and maintain a strong reputation in the market.

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Square invests heavily in security technology, building it into every aspect of their payments platform, and is ISO 27001 certified.

We don't just talk about security, Square's proprietary tokenization scheme ensures that unencrypted payment data never touches your device or application.

Square's hardware and readers have end-to-end encryption out of the box with no configuration required, giving you a full security suite.

Square prohibits storage of card numbers, magnetic-stripe data, and security codes on client devices, so you can rest assured your customers' data is safe.

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Our security features are designed to protect your sensitive information.

Payment data is encrypted from the moment it's entered into our solutions. This ensures that unencrypted data never touches your device or application.

Our proprietary tokenization scheme is a key part of this process, keeping your sensitive information safe.

Square takes a comprehensive approach to security, providing a full security suite that covers all aspects of data security. This means you don't have to worry about staying secure, as Square takes on that burden for you.

Square's hardware and readers have end-to-end encryption out of the box, with no configuration required. This ensures that your data is protected from the moment it's collected.

Square takes on the burden of PCI compliance for its sellers, so you don't have to deal with the hassle and expense of compliance. This includes audits, SAQs, vulnerability scanning, training, and policy development.

Here are some of the costs you can expect to save by using Square's full security suite:

Square's security program is audited by external third parties, ensuring that its technical security controls and processes meet the highest standards.

Square takes on the burden of PCI compliance for its sellers, so you don't have to worry about it.

Our proprietary tokenization scheme ensures that unencrypted payment data never touches your device or application. This means that payment data is encrypted until it reaches Square's processing environment.

Square prohibits storage of card numbers, magnetic-stripe data, and security codes on client devices, which helps protect your customers' sensitive information.

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We don't just cover data security - Square takes on the burden of staying secure, with no checklists, assessments, or audits required. Our hardware and readers have end-to-end encryption out of the box with no configuration required.

Square employs a dedicated team of compliance professionals who are tasked with monitoring payment card industry changes and advising engineering teams throughout the development life cycle of our solutions.

Square is the merchant of record for every transaction, which means we deal with the banks on your behalf and take care of the PCI-compliance checklists, regulations, and processing for you.

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Square employs a dedicated team of compliance professionals who monitor payment card industry changes and advise engineering teams throughout the development life cycle of their solutions.

You don't have to read a 40-page guide or pay a third-party consultant to ensure you're up to date on PCI-compliance standards. Square requires no filing, no paperwork, and no additional cost.

Square's card-processing systems adhere to the PCI DSS, which alleviates vulnerabilities and protects cardholder data on your behalf.

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As the merchant of record, you take on the burden of PCI compliance for your business. This means you're responsible for ensuring that sensitive customer data is protected.

Square, for example, takes on PCI compliance for its sellers, which is a big relief for small businesses. You can focus on running your business, knowing that Square has got your back when it comes to security.

If you're using multiple providers to service your payment life cycle, you're likely responsible for self-validating and maintaining your business's PCI compliance. This can be a complex task, but it's essential to protect your customers' data.

Each time you pass data between providers, you must ensure that it's encrypted and protected. This means using a checklist of requirements, known as a self-assessment questionnaire, to ensure that each step in the life cycle is secure.

As a merchant, you must fulfill the requirements outlined in the self-assessment questionnaire, depending on your business's transaction volume. This will help you stay compliant and avoid costly fines.

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What's changing is that payment companies will no longer be considered PCI compliant after June 30, 2018, if they accept data from browsers and operating systems using TLS v1.0.

TLS v1.0 and v1.1 have certain weaknesses that put payment data at risk, which is why the PCI Security Standards Council made this decision.

Android 4.1 and earlier, iOS 5.0.1 and earlier, and older versions of common web browsers will no longer be supported due to these security concerns.

Square Point of Sale Android V 4.71.2 and earlier will also be deprecated, as it's commonly used on older operating systems that are no longer secure.

Square's payment data is encrypted from the moment a customer uses a credit card or enters their information, and it remains encrypted until it reaches Square's processing environment. This ensures that unencrypted payment data never touches your device or application.

Square prohibits storage of card numbers, magnetic-stripe data, and security codes on client devices. This means you don't have to worry about storing sensitive customer information.

Square's hardware/readers have end-to-end encryption out of the box with no configuration required. This provides an added layer of security for your business.

As the merchant of record, Square takes on the burden of PCI compliance for its sellers. This means you don't have to worry about self-validating and maintaining your business's PCI compliance.

Square's proprietary tokenization scheme ensures that payment data is protected and can only be read by authorized parties. This is a key part of Square's security suite.

We're proud to have a team of compliance experts who are dedicated to keeping your business safe and secure. Our team is on the PCI Board of Advisors, which means we're at the forefront of industry developments.

We work closely with the payments industry to create new compliance standards, which benefits businesses like yours. Some of our innovative technologies have paved the way for new industry standards.

Our compliance professionals are tasked with monitoring payment card industry changes, so you can rest assured that your business is always up-to-date with the latest regulations. This expertise is invaluable in preventing unnecessary fees and ensuring your business is compliant.

If your business processes more than £100,000 in payments each year, you're probably being charged unnecessary fees by your current merchant services provider.

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