PCI Compliance Explained – How to integrate it with POS Software?

If you are processing credit/debit card payments, you should know about Payment Card Industry Data Security Standard (PCI DSS) compliance. Most companies don’t know and face the consequences when they fail to comply with it. It is also risky for the security and privacy of customers. In this guide, we will discuss PCI compliance and how to be fully compliant. 

About PCI Compliance 

PCI DSS compliance is always needed to accept credit card payments. This standard consists of certain rules and regulations which can handle credit card transactions. The protocols cover how to process, transmit, and store credit card data safely, when it comes to making credit card payments. The key here is to avoid data theft and fraud. 

The PCI SSC (Security Standards Council) handles PCI Compliance certifications and standards. In 2006, leading credit card providers like MasterCard, Visa, American Express, and Discover formed this individual body.  

Usually, a PCI SSC certified compliance manager in leading organizations or IT departments handles PCI standards for data security. There are some objectives of PCI compliance, such as – 

  • Companies must perform important best practices like setting up firewalls and having a strong password mechanism. 
  • Companies must build a secure network to protect customer data against security breaches and hacks. 
  • Multiple security layers must be implemented, such as physical and virtual protection. 

Keep in mind that PCI compliance is mandatory for every business accepting credit card payments. A business must have a strong access control system to retrieve cardholder’s data. It means only a few people can access the data and monitor them well. 

How to be PCI Compliant? 

With new vulnerabilities coming out and standards being developed in PCI compliance, your business should stay up-to-date with credit card security standards. You should rely on the reputed payment processor which complies with all the PCI regulations. Find the one which provides features like encryption and tokenization to secure credit card information. 

You also have to stay updated with your compliance and complete some programs. PCI SSC must provide details on certifications and schedules related to program fee on their official website. The fees can be expensive as per what you need for compliance level. 

Implementing PCI Compliance with POS System PCI compliance is important but also a painful process at the same time. The best thing is that you can easily implement iPad POS software with PCI DSS. Some POS systems are designed from scratch by considering security. These systems can easily secure the payments with other stakeholders. It secures all the credit card data with each transaction. It is virtually impossible to counterfeit or hack the data thanks to its patented code mechanism. You can have all the tools you need to secure your customers’ data.

Why is it the right time to implement Cloud Computing in your Business?

Cloud computing can streamline and secure your online business operations at the end. Businesses going on the cloud to improve efficiency have become a trend over the years. Cloud computing has never been so crucial in today’s world. 

Cloud Computing and Business Continuity 

Business continuity has literally been a buzz these days. It is related to making a plan to seek recovery from an emerging threat to your business. It shows the importance of having a disaster management plan, especially when we faced an outbreak like COVID-19. You can put such a type of program for your business.

According to Forbes, you need to determine all the business risks to develop a sound business continuity plan. Considering the present scenario, you may not be able to work closely with safety or even use the old workspace. Moving business operations and company data to the cloud may be helpful. But the cloud should be a part of your plan. You can prepare your business for better options by accessing your business on the go. 

You can work remotely and maintain productivity with it. It can help you work with fewer employees in the retail business. You can connect your data to a cloud POS system to manage all back-office operations on the go. 

How to Organize things with Cloud Computing? 

The current scenario also comes with organizational changes for many businesses, such as – 

  • Shutdown of workplaces 
  • Client fluctuation 
  • Staff workload

By considering these challenges, a lot of businesses are looking for other ways. Files have been harder to find, schedules changed, and comms are down. In addition, these issues also bring a loss of efficiency and time. 

Hence, businesses have to make it their habit to organize things in a better way to save time. Some of the best examples are assigning emails to the right folders and filing documents as they come. There is no need to have a cloud network to classify your communications and paperwork filing. But you can access applications and folders from any device. You can instantly organize communication channels and manage files. 

What about Collaborative Efforts? 

It is essential to keep all your staff members on the same path. With unusual conditions at home, employees have to work on various devices, multiple networks, and places. Cloud technology can keep them connected, where they can store their business-related data and applications. Cloud computing is highly valuable to improve accessibility from several parts of the connection. 

Remote working conditions, continuity of a business, and several changes can be more challenging than marketing. As businesses are looking forward to thriving instead of just surviving, marketing is a significant challenge.  By keeping the company’s applications and data accessible, you can ensure the concerned employees can access all their marketing projects.

How to Control and Avoid Food Waste in a Restaurant?

There are plenty of mindful steps a restaurateur can take to avoid the most common problem of food wastage. America is well known for wasting over 80 billion pounds, i.e. around 40% of the total food supply in the nation. Food is the major contributor to landfills in the country. 

It’s an excellent time for the food industry to take a stance and look for new ways to save food wastage. It is also suitable for your business. It shows customers that you care about food. It can also save on your food preparation cost. You need to monitor the food waste in your premises. You should have a simple restaurant POS to keep a food waste note. Guide your staff to track the details and weight of every trash.  

Why should you have a Food Waste Journal?

First of all, it has the advantage of accountability. If any specific shift or department is producing more waste, you can investigate what the actual cause is. Next up, you can ensure that your efforts are making a change. If median waste is getting down, it shows that your strategies are going well. 

Third, you can make data-driven decisions. Suppose you’ve got many food trimmings, you can plan specific strategies to address your concerns. You can ask your chefs to improve their chopping skills to avoid waste or buy pre-prepped items to save time and prevent waste. 

Food Audits 

It is another excellent way to avoid food waste. It is a detailed overview of your food waste output, and it takes a summary of your business. It can help you determine the amount of food waste you dispose of.  It gives a clear insight into the problem areas where you need improvements. You can do a food audit in different ways. It usually consists of tracking some of the essential variables. 

First, you can track how much food waste is produced, and second, how many guests being served. The latter is also important as customers usually don’t finish their orders. You can track wastage individually for your customers and business. Guide your staff to note down the amount of food which goes to waste, type of waste, and reason behind wastage. You can do food audits every day or week. 

Bottom line There are several small steps we need to take to avoid the big problem of food waste. You need proper inventory management to get a head start. By choosing an influential restaurant POS, you can make it happen. This tool can help you manage inventory levels in real-time. Feel free to get in touch and find out how technology can have a significant impact on carbon footprint and bottom line.