Credit Card Compliance
University of Minnesota departments that accept credit cards as payment for goods and services are contractually obligated to follow the Payment Card Industry Data Security Standards (PCIDSS). The purpose of these standards is to protect cardholder data wherever it resides - ensuring that merchants and service providers maintain the highest information security standard. A listing of these standards can be found at: PCIDSS Standards.
The process of Establishing a Bankcard Account can be found at the University of Minnesota’s Financial OneStop. This process includes incorporation of PCIDSS standards into your business processes as well as selection of the proper method of card acceptance based upon your business need.
For any questions related to accepting credit cards, Credit Card Merchant Accounts, or PCIDSS Compliance, please contact:
|