MasterCard: December PCI Deadline Change Not For Holiday Conflict
Written by Evan SchumanJohn Verdeschi, the senior business leader for fraud management at MasterCard Worldwide, said he had heard "no complaints" about the timing from retailers. "We didn't hear that as a specific issue," he said, adding that the PCI SCC's new training program was the only reason for the deadline change. Another element of the December 13 change is a little less cut-and-dry. Until about three to four months ago—Verdeschi described it as "August or September"—MasterCard had posted on its site a description of the rules for which PCI level (1, 2, 3 or 4) it would consider retailers. MasterCard described parity with any "competing payment brand," wording that it had used since 2005. But in "August or September," Verdeschi said, that wording was removed.
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2 Comments | Read MasterCard: December PCI Deadline Change Not For Holiday Conflict
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January 4th, 2010 at 2:03 pm
This announcement did take some pressure off but PCI must be taken seriously by e-tailers.
January 5th, 2010 at 3:03 pm
NRF’s CIO Council and IT Audit Committee, along with many retailers, sent numerous communications to MasterCard about our concerns regarding the proposed changes and timeline. It is both unfortunate and troubling that those concerns were never communicated effectively within their organization.