MasterCard Worldwide announced a new PCI Merchant Education Program, an initiative offered to acquiring bank customers that provides practical assistance in educating merchants and encouraging broader adoption of the Payment Card Industry Data Security Standard (PCI DSS). The new program offers complimentary education and training for acquiring banks and merchants to better their understanding of PCI DSS through interactive sessions.
The PCI DSS sets forth requirements for enhancing payment account data security. The standard, which was developed by MasterCard and the other founding payment brands that comprise the PCI Security Standards Council, is intended to help companies protect payment account data. The multifaceted security standard includes requirements for security management, policies, procedures, network architecture, software design and other critical protective measures.
The new PCI Merchant Education Program is adaptable and delivered through various channels based on the needs of the individual acquiring
member and their merchant population. MasterCard has developed a series of customizable, interactive modules and will work with financial institutions to develop training sessions and materials tailored to their merchants.
The education program offers several training options including: