What Is PCI DSS And Why Is It Important?
The world is going cashless. The Federal Reserve Bank of San Francisco reported that cash was used in just 18% of all U.S. transactions in 2022. And that number will continue to decline. The widespread use of credit and debit cards, plus the rise of digital wallets and contactless payments, have reshaped the financial landscape in many wonderful ways — increasing flexibility as well as financial protection. However, it’s also increased the levels of fraud.