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Wednesday, April 18, 2018

Sysnet survey finds small merchant PCI compliance lagging

A recent merchant acquirer survey by Sysnet Global Solutions revealed that overall small merchants are not effectively engaging in PCI compliance programs. Among those surveyed, higher merchant PCI compliance rates remain a top priority, with most targeting 70 percent as the minimum compliance rate, and more than 15 percent aiming for 90 percent or higher PCI compliance rates within their merchant portfolios.

"We conducted this survey to put some structure on the many conversations we have had with acquiring organizations who feel they're fighting a losing battle when it comes to getting smaller businesses secure and compliant," said Gabriel Moynagh, CEO at Sysnet.

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