Today, the American Hotel & Lodging Association (AH&LA), along with several other similar trade associations, sent a formal written joint request to the Payment Card Industry (PCI) Security Standards Council. In that request, they listed several recommendations that they believed would make their use of the PCI credit, debit and gift card usage more cost effective and, at the same time, a more efficient process.
As we have seen in several prior postings on this blog concerning the credit card industry, information security and privacy requirements of that industry, there is a growing concern by federal, state and local regulatory agencies that more needs to be done to secure the rights of an individual’s privacy whenever they transact purchases with their credit and debit cards.
The presented recommendations for change in this article are a great listing of continuous improvements that should, if implemented, reduce costs of compliance for all parties involved.
In this article, it was implied that if the PCI Council does not heed their concerns, then full agreement was reached to pursue other available options — i.e. legislative action(s) in Congress or regulatory changes.
Do you agree with this action by the AH&LA?
Click here to read this article.