Usedbookcentral announces it will close; citing PCI compliance
Monday, May 4th, 2009Longtime independent book marketplace Usedbookcentral released an announcement over the weekend that it would be closing its site after seven years, citing the pressures imposed by the credit card industry with regards to PCI compliance. PCI compliance has become an enormous burden on businesses worldwide, but particularly on small businesses. I speak from experience when [...]
Booksellers penalized by credit card industry
Thursday, January 8th, 2009We’ve been receiving increasing reports from booksellers that they have been receiving somewhat menacing letters regarding PCI compliance from credit card processors, listing all the potential penalities for non-compliance, such as the following excerpt from one such letter: Not terribly startling, except this is the first many booksellers have really heard of PCI/DSS compliance. In [...]