Credit Card Data: What You Can And Can’t Store

Posted by Brian Latch on January 28th, 2022

Credit cards are used very frequently these days. In fact, according to surveys, people would rather opt for card payments as opposed to the hassle of having to carry cash since it can prove risky. But a lot of us are too lazy to enter credit card data whenever a payment is required to make credit card processing easier. And in order to save time, a lot of business owners end up storing the customer’s credit card data on the system they frequently shop from. However, the number of credit card frauds is constantly on the rise. This is why it is important to make sure that you store your credit card data wisely. Mentioned below are a few dos and don’ts of storing credit card data for credit card payment processing.

  • Do question if storing credit card data is really necessary?

Firstly, you need to understand that storing credit card information is not mandatory for smooth online credit card processing. Make it a point to not store credit card data if the customer isn’t a regular one. However, if you have to charge your customer’s card on a monthly basis, saving the data is normal.

  • Don’t write down credit card details

One of the most common mistakes people make is that write the credit card data down before entering it into the system. This is an absolute no. the information could reach unwanted people and could cause a lot of trouble for you as well as your customer.

  • Do check for updates regularly

Before you collect and store the data, make sure your system is up to date. The security software and hardware need to be on point. If you don’t update your system, it could be susceptible to hackers.

Make sure you are aware of what to do and what not to do in terms of credit card information.


Brian Latch

About the Author

Brian Latch
Joined: May 12th, 2020
Articles Posted: 51

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