Payment card industry
The payment card industry (PCI) denotes the
cards and associated businesses.Overview
The payment card industry consists of all the organizations which store, process and transmit cardholder data, most notably for
As of 2014[update], the United States uses a
Payment Card Industry Security Standards Council
On 7 September 2006,
Industry growth
MasterCard's Nicole Krieg has noted that the Russian credit card market started in early 2000, when issuers first began launching products.
Regional and national payment schemes
Interac Association
The Interac Association is Canada's national organization linking Financial Institutions and enterprises that have proprietary networks, to enable communication with each other for the purpose of exchanging electronic financial transactions. The Association was founded in 1984 by the big five banks. Today, there are over 80 members. The Interac Association is the organization responsible for the development of Canada's national network of two shared electronic financial services: Shared Cash Dispensing (SCD) for cash withdrawals from any ABM not belonging to a cardholder's financial institution; and Interac Direct Payment (IDP) for Debit Card payments at the Point-of-Sale
See also
References
- ^ McAndrew, Tom (2009). "A Compliance Overview for the Payment Card Industry (PCI)" (PDF). Coalfire Systems Inc. 2009. Retrieved 1 August 2014.
- ^ a b Geuss, Megan (2 August 2014). "Chip-based credit cards are a decade old; why doesn't the US rely on them yet?". Ars Technica. Retrieved 2 August 2014.
- ^ a b c "Participating Organizations". Payment Card Industry Security Standards Council. Retrieved 1 August 2014.
- ^ a b Peshkov, Alex (15 October 2010). "Card Brands, Issuers Report Dramatic Rise In Russian Card Market". Cardline. Archived from the original on 8 August 2014. Retrieved 1 August 2014. (Partial story rendition from HighBeam.com archive.)
External links
Payment card industry
- PCI Security Standards Council, the organization responsible for the development, enhancement, storage, dissemination and implementation of security standards for account data protection.
- The European Payment Council (EPC) is the decision-making and coordination body of the European banking industry in relation to payments.
- PCI Security Standards Council Participating Organizations
EMV
- EMVCo, the organization responsible for developing and maintaining the EMV standard
- Chip and PIN, site run by the UK Payments Administration (UKPA), the UK's central co-ordinating authority for the implementation of EMV
