Compliance Assistance
TSYS is Payment Card Industry (PCI) compliant, verified by the Visa U.S.A. Cardholder Information Security Program (CISP).
Between now and July 1, 2010, there are multiple initiatives and programs required by the industry and TSYS to update your merchants, their equipment, terminals and software.
PCI Compliance - Did you know...
- older devices predating the Visa PED standard will need to be pulled out of service by July 2010?
- Discover has changed their business model to allow other Financial Institutions to acquire / process Discover Merchants directly and provide a revenue opportunity for both parties?
- increasing Discover acceptance enables the acceptance of JCB and Diners Club International as well?
- you may have merchants still using POS devices that may put you both at risk?
- upgrading your merchant portfolio to the newest Class A applications supporting recent enhancements will enable your merchants to be compliant?
- the payment brands may, at their discretion, fine an acquiring bank $5,000 to $100,000 per month for PCI compliance violations?
- TSYS understands the investment, effort and risk associated with bringing a merchant portfolio up to industry standards so we’ve developed two programs to take the stress off of you. Let us do the work for you. TSYS will ensure your merchants are PCI compliant so you can focus on what really matters … your business.
Merchant Compliance Assistance Program (MCAP)
TSYS Acquiring Solutions has developed the Merchant Compliance Assistance Program to help acquirers and their small- to mid-sized merchants achieve Payment Card Industry (PCI) compliance and then stay compliant. MCAP encompasses data breach insurance, PCI services, Point-of-Sale (POS) hardware and software upgrades and merchant call campaigns.
The program includes:
- Data Breach Insurance
- PCI Services
- POS Hardware and Software
- Portfolio Upgrade Assistance
Portfolio Enrichment Program (PEP)
TSYS understands the investment, effort and risk associated with bringing a merchant portfolio up to industry standards so we’ve developed a program that takes the stress off of you. The Portfolio Enrichment Program (PEP) provides you with an end-to-end solution for upgrading your entire merchant portfolio.
The program includes:
- Outbound call campaign to discuss each merchant’s compliance options
- Updates to merchant files or new file builds
- Equipment exchange or deployment
- In-depth application/equipment training
- Real-time reporting
- You can take advantage of all the programs offered or order ala carte selecting only those you need.