Payment card industry

From Wikipedia, the free encyclopedia

The payment card industry (PCI) denotes the debit, credit, pre-paid, e-purse, ATM, and POS cards and associated businesses.

The term is sometimes more specifically used to refer to the Payment Card Industry Security Standards Council, an independent council originally formed by American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa International on Sept. 7, 2006, with the goal of managing the ongoing evolution of the Payment Card Industry Data Security Standard.

Contents

[edit] International Payment Schemes

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Please improve this article if you can. (November 2007)

[edit] Visa International

Visa is a private, membership association jointly owned by more than 20,000 member financial institutions around the world.

[edit] Regional and National Payment Schemes

[edit] Interac Association

The Interac Association is Canada's national organization linking Financial Institutions and enterprises that have proprietary networks to enable communication with each other for the purpose of exchanging electronic financial transactions. The Association was founded in 1984 by the big five banks. Today there are over 80 members. The Interac Association is the organization responsible for the development of Canada's national network of two shared electronic financial services: Shared Cash Dispensing (SCD) for cash withdrawals from any ABM not belonging to a cardholder's financial institution; and Interac Direct Payment (IDP) for Debit Card payments at the Point-of-Sale

[edit] See also

[edit] External links

[edit] Payment card industry

  • PCI Security Standards, the organization responsible the development, enhancement, storage, dissemination and implementation of security standards for account data protection.
  • The European Payment Council (EPC) is the decision-making and coordination body of the European banking industry in relation to payments.
  • PCI Answers Blog and Forum has different PCI experts demystifying the experience of compliance

[edit] EMV

  • EMVCo, the organisation responsible for developing and maintaining the EMV standard
  • Chip and PIN, site run by the Association For Payment Clearing Services (APACS), the UK's central co-ordinating authority for the implementation of EMV
  • Migration 2 Chip, The Migration 2 Chip Program

[edit] Compliance Solutions