Credit Card Processing Security Policy Template

4 1 the cardholder is responsible at all times for the proper use of the credit card in line with this policy.

Credit card processing security policy template. The payment card industry pci data security standards dss are a mandated set of security standards created by the major credit card companies for the purpose of offering merchants and service providers a complete unified approach to safeguarding cardholder data for all payment card brands. Six simple rules for safe credit card handling procedures. Sample information security policy details the security strategy in relation to the storage processing and transmission of credit card data. Adherence to this policy and the associated procedures is mandatory for all staff who handle or process card payments on behalf of the university. 5 2 the recipient of the credit card number will respond to the sender with the standard template provided at the end of this policy advising that the transaction cannot be processed and offering an acceptable method for transmitting card information.

Its aim is to provide a detailed understanding of information security responsibilities for all levels of staff contractors partners and third parties that access the credit card processing network. To get a head start use our company credit card policy template to define your guidelines. It should be used for reference only and it doesn t take into account all national federal or local laws. Introduction and policy statement 1 1 the university s preferred method for taking individual payments for goods and services. Profile to protect the credit card data of our students faculty staff donors and guests as well as to comply with the payment card industry data security standards pci dss the state university of new york at.

Never make an electronic copy of sensitive cardholder data. Payment card security policy and procedures. Train employees to understand and deny the use of any unauthorized external device such as a skimmer used to record credit card information. Credit card processing and handling policy this policy was approved by the president s cabinet on april 21 2015. This policy is a sample and it s meant to provide general guidelines.