PCI DSS Compliance Fees – What You Should Know
2 min readYou might notice when looking at the best merchant services available that they often have different PCI DSS compliance fees. The PCI compliance fee security standards come from how some providers might demand extra money to ensure you meet all the necessary PCI rules.
- A PCI DSS compliance fee is a charge for services a provider may offer to ensure your business complies with all PCI standards. You may need to spend extra money for many points surrounding the work you are trying to complete:
- A security scan to confirm your business’ ability to handle card payments may be required. You may require these scans every month or quarter, depending on your industry and how much money you process each month or year.
- Additional software or hardware may be necessary to ensure you meet all compliance standards. A compliance fee may go towards paying for some of these items, although the rules will vary by provider.
- You would need to follow a self-assessment questionnaire or other document to review your compliance efforts. A service may charge money to ensure you can handle this questionnaire as necessary.
- Some teams may charge money for customer support services. The extra charge comes from assisting you in producing a PCI-compliant system.
- A part of the fee may go towards data breach insurance, although that feature is usually an option. The insurance reimburses you for any losses that occur due to data breaches.
Be sure to talk with your merchant service provider to see what PCI DSS compliance fees may be imposed. The best merchant services will not charge much, while some entities like Host Merchant Services will not charge any extra fees for PCI compliance. Others might charge as much as $100 per year for PCI compliance purposes, or they might charge up to $10 per month.
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