Payment Card issuers have joined forces to create a security standard to help reduce the level of fraud and card data loss, this is known as the PCI DSS (Payment Card Industry Data Security Standard).
You may already have been contacted by your bank with a request to confirm that your handling of cards, particularly where electronically stored, meets the requirements of the standard, this can be a very demanding and expensive process both in terms of monetary cost and management time.
Guestline have created a new product ‘PCILynx’ which is a combination of technology and business processes aimed at achieving compliance in a structured, easy to follow process.
We provide the key elements of the standard in a straight forward workflow form which can be managed on-line, we also provide the means for hotels to continue to use credit cards as a guarantee method for bookings despite one of the principal requirements of PCI DSS, which states that it is prohibited to store the card security code (CVV2).
So the problem is – PCI DSS says you cannot store this number but your acquiring bank requires you to use the security code when making a ‘customer not present’ transaction, for example; if the guest does not arrive or cancels outside your cancellation policy. PCILynx has a secure, easy to operate, solution to this problem.
We also provide other key requirements:-
For more information please contact us by clicking here or visit the dedicated PCILynx website.
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