Pci dss

Discussion in 'Finance, Property, Law' started by TheSnake, Sep 14, 2012.

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  1. As a business, we offer credit/debit card payment.
    We have received a letter from our card machine provider stating that our business needs to register to their database to ensure consumers have the secure(ish) knowledge that any Information from our terminals will have a less probability of being sourced by nasty folk....
    2 questions :
    Do I need to subscribe to this legally?
    What would happen to my business if I don't (apart from having my account withdrawn by my provider)