Unfortunately, it’s not that simple. Ocean Equity Payment Solutions is not responsible for cardholder data within your business environment. Even if you don’t store data, you are still at risk. Cardholder data can be stolen as it is processed and transmitted across your network. You must be PCI compliant.
MYTH #2 “My business processes very few transactions and we don’t even do e-commerce. Therefore, my business isn’t obligated to comply with PCI DSS.”
This is probably one of the biggest misconceptions surrounding PCI compliance. The reality is that 59% of cardholder breaches that are currently under investigation originated at point-of-sale terminals at brick and mortar stores. Though validation requirements vary depending upon your merchant level (number of transactions) all merchants are required to be PCI compliant. You can call Ocean Equity at any time if you are uncertain about your particular requirements.
MYTH #3 “When I purchased my POS processing software, the box stated that it had advanced security measures. I’m sure it must be safe.”
It’s not enough that the box the software comes in says that it has “advanced security measures.” Make sure your software is Payment Application Best Practices validated.
MYTH #4 “I’m a small merchant with very few card transactions; I don’t need to be compliant with PCI DSS.”
All merchants, small or large, need to be PCI compliant. The payment brands have collectively adopted PCI DSS as the requirement for organizations that process, store or transmit payment cardholder data.
MYTH #5 “Since I have implemented a new payment system, I don’t need to worry about track data I have stored.”
Track data is the information that is stored in the magnetic stripe of the payment card. If stolen, this information can be used to create duplicate credit cards. The age of your system has nothing to do with whether or not it is safe to store track data. You must never store track data.
We are experts in:
|• Merchant Services||• Credit Card Services||• Point Of Sale Terminals|
|• Credit Card Processing Terminals||• How To Accept Credit Cards||• Payment Processing Online|
|• Credit Card Terminal||• Echeck||• Merchant Account Services|
|• Accept Online Payments||• Cash Advance||• Small Business Loans|
|• Cash Flow Loans|
Our service area includes:
Our headquarters area of Virginia Beach, Norfolk, Chesapeake, Newport News, Hampton, Portsmouth, Suffolk, Yorktown, Williamsburg, Smithfield, Isle of Wight, Poquoson, Eastern Shore, Hampton Roads, and Richmond, Virginia, as well as Alabama, AL, Alaska, AK, Arizona, AZ, Arkansas, AR, California, CA, Colorado, CO, Connecticut, CT, Delaware, DE, District of Columbia, DC, Florida, FL, Georgia, GA, Idaho, ID, Illinois, IL, Indiana, IN, Iowa, IA, Kansas, KS, Kentucky, KY, Louisiana, LA, Maine, ME, Maryland, MD, Massachusetts, MA, Michigan, MI, Minnesota, MN, Mississippi, MS, Missouri, MO, Montana, MT, Nebraska, NE, Nevada, NV, New Hampshire, NH, New Jersey, NJ, New Mexico, NM, New York, NY, North Carolina, NC, North Dakota, ND, Ohio, OH, Oklahoma, OK, Oregon, OR, Pennsylvania, PA, Rhode Island, RI, South Carolina, SC, South Dakota, SD, Tennessee, TN, Texas, TX, Utah, UT, Vermont, VT, Virginia, VA, Washington, WA, West Virginia, WV, Wisconsin, WI, and Wyoming, WY.
About our merchant services company
In 2002, Edward Zinner, Cindy Zinner and Lauren Zinner founded Ocean Equity Payment Solutions in Virginia Beach as a family-owned and family run business. Since then the credit card processing company has served clients nationwide with credit card processing terminals, credit card terminal, credit card services, how to accept credit cards, echeck, point of sale terminals, payment processing online, merchant account services, accept online payments, cash advance, small business loans, and cash flow loans.