Multimedia firm Channel 6 has urged all web-based businesses across Scotland to ensure they meet new security regulations for online transactions.
The e-commerce specialist has worked to meet new card security requirements which came into force this month, but says many other online retailers could be caught out because of lack of awareness about the changes.
The Payment Card Industry (PCI) Security Standards Council was founded by Visa, MasterCard and American Express to crack down on payment card fraud.
Larger retailers have long had to meet rigorous PCI standards, but smaller online retailers have only been obliged to comply since October 1.
Under the new rules, merchants processing fewer than 20,000 e-commerce card transactions a year could now face a block on payments or risk substantial fines if they do not meet the new requirements.
Experts at Channel 6, one of Scotland’s leading developers of e-commerce websites, have advised online retailers the measures are a good way of securing customer confidence and business reputation.
The full release is available from the Holyrood Partnership PR in Edinburgh.
