• Home
  • About
  • Services
    • Dual Pricing Program
    • Point of Sale Systems >
      • Lavu
      • Clover
      • Exatouch >
        • DeliverMe Demo Form
    • Terminals
    • Credit Card Processing
    • High Risk Accounts
    • Special Offer
    • Fees of a Merchant Account
  • News
  • Reviews
  • Quote
  • Blog
  • Contact
FIRST COAST PAYMENTS
  • Home
  • About
  • Services
    • Dual Pricing Program
    • Point of Sale Systems >
      • Lavu
      • Clover
      • Exatouch >
        • DeliverMe Demo Form
    • Terminals
    • Credit Card Processing
    • High Risk Accounts
    • Special Offer
    • Fees of a Merchant Account
  • News
  • Reviews
  • Quote
  • Blog
  • Contact

First Coast Payments Blog

Click to Call

PCI Fees & Non-Compliance Fee: Watch Out!

8/25/2021

0 Comments

 
Picture
This post is about how many processors use PCI as a way to charge you a fee and increase their revenue.  

PCI stands for “payment card industry” and it’s the first half of the acronym PCI-DSS. The second part stands for “data security standards.” While you may see the full term PCI-DSS, it’s more common to see just “PCI.” However, it refers to the same set of standards.
While it is true that a business that accepts credit cards, per the rules of the card brands, is required to complete an annual Self-Assessment Questionnaire or SAQ.  The card brands do not charge the processor for PCI. 

A business that accepts credit cards some of the fees they might see on a processing statement is PCI Non-compliance fee. This fee usually is charged to a business for not completing their annual SAQ on time. We believe it is a reasonable position as it encourage a business to be in compliance. 

Here is where it can get tricky. I have heard complaints from businesses that have completed the SAQ, still got charged a PCI Non-compliance fee.  Also if you have the representative that helps you with your processing account, they should actively contact the business and remind the urgency to complete the SAQ to avoid a non-compliance fee.

With many of our competitors they will charge you a monthly, quarterly or annual PCI Program fees. They can be described in many ways. See a sample below.
Picture
The difference with our service is we will not charge you PCI program fees.  We will work with you to be sure you have completed your SAQ so you will not be charged a non-compliance fee. This is what set us apart with many other companies and services. We are involved at the beginning to help board your account and we continue to work with you and support every aspects in your processing account. If you looking for TLC and extra attention with your credit card processing services, we got you covered.

​Let us know how we can help with PCI or anything else related to credit card processing and point of sales system, contact us at 904-638-8804.
0 Comments



Leave a Reply.

    First Coast PAYMENTS BLOG

    We eliminate the junk fees others charge.

    Archives

    August 2022
    April 2022
    October 2021
    September 2021
    August 2021
    May 2021
    March 2021
    January 2021
    November 2020
    April 2020
    January 2020
    August 2019
    April 2019
    February 2019
    August 2018
    May 2018
    April 2018
    November 2017
    September 2017
    August 2017
    July 2017
    June 2017
    April 2017
    March 2017
    February 2017
    November 2016
    October 2016
    July 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    August 2015

    Categories

    All
    Contactless Payments
    Disputes
    Equipment
    Fees
    Fraud
    Interchange Fees
    Software

    RSS Feed

Get Our Newsletter
Picture
Picture
Credit Card Processing for small to mid-size businesses. We eliminate the junk fees.
Serving Northeast Florida, including Jacksonville, Fernandina Beach, Yulee, and beyond.

Admin | ​Privacy
Site powered by eCoalitions.net
​First Coast Payments is a registered agent office for several ISO/MSP. Disclosure.
© 2022 First Coast Payments. All Rights Reserved.
Photos used under Creative Commons from wuestenigel, kuhnmi
  • Home
  • About
  • Services
    • Dual Pricing Program
    • Point of Sale Systems >
      • Lavu
      • Clover
      • Exatouch >
        • DeliverMe Demo Form
    • Terminals
    • Credit Card Processing
    • High Risk Accounts
    • Special Offer
    • Fees of a Merchant Account
  • News
  • Reviews
  • Quote
  • Blog
  • Contact