What we all need to know. Payment Card Policy. BYU-Idaho Payment Card Policy (3-12). Approval Date: April 30, 2012 Approved by: President's Council. Purpose:
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Approval Date: April 30, 2012Approved by: President's Council
The purpose of this policy is to help assure that the university is complying with the Payment Card Industry Data Security Standards (PCI DSS) and is striving to avoid a security breach from unauthorized and inappropriate use of cardholders' information.
The entire campus is required to comply
If credit cards are accepted in person, via the web, by mail or over the phone or in any other way– the transaction is subject to PCI-DSS
The policy applies to any activity related to payment cards including storage of cardholder dataPCI-DSS is managed by the PCI-DSS Compliance committee
The gate-keeper for approval to accept payment cards is the University Bursar
The Bursar’s Office will ensure that all payment card systems conform with PCI standards
If a breach of PCI data is suspected University Risk Management must be contacted at ext. 1972
Failure to abide by PCI-DSS can result in significant fines or loss of payment card processing privileges for the UniversityKey components of the policy