Aria: Providing Cheaper PCI Compliance for Payment Processors
December 17, 2009 at 05:47 AM EST
Achieving Payment Card Industry Data Security Standard (PCI DSS) compliance for online transactions is an expensive and timely endeavor; routinely costing hundreds of thousands of dollars and spanning several quarters in tim. According to Gartner , PCI compliance will cost up to an average of $2.7 million among Level 1 merchants and $267,000 among Level 2 merchants. Further, Visa and Mastercard will be imposing new PCI requirements upon online merchants, which will include more frequent on and off site security reviews, beginning in 2010; thus forcing more companies to upgrade their systems to meet compliance standards. Demand billing and recurring subscription management company, Aria , offers a solution built to manage PCI compliance for companies.