This article sounds the alarm to awaken veterinary practice owners to a hidden liability that threatens the very livelihood of a practice—its ability to collect revenue. As much as 90 percent of revenue comes through credit and debit card transactions. Losing this service could devastate practices and businesses. The ability to scan a card does not make the business compliant.
Source: Veterinary Practice News, June 19, 2017.
PCI standards apply to a business if it “accepts, stores, transmits, or processes credit and debit card information.” There is no legal transference of responsibility; just because the credit card processing company is PCI compliant, it doesn’t mean your business is compliant.
INSIGHTS: Not complying with Payment Card Industry Data Security Standards (PCI DSS) rules could lead to lost revenue and worse.