There are a number of benefits to outsourcing payment processing that you should consider with making the decision to outsource your processing or take care of it in-house.
First: Knowledge and experience. Many companies have trouble becoming PCI compliant because there is such a steep learning curve. At Braintree we have PCI DSS experts that can help you get set up and continue working with you as your company grows.
Next: The number of security controls and the time it takes to reach compliance. Many companies underestimate these numbers. There are more than 200 individual controls that must be addressed, and this can take anywhere from 6 to 18 months to accomplish on your own. Outsourced payment processing, however, can help you achieve compliance in 30 to 60 days.
Finally: Security and support. At Braintree we have been Level 1 PCI compliant since 2004. This means that your sensitive data will be safe on our environment. We also have a hands-on approach to account management so you’ll always have the help you need, when you need it..
Long Term Solutions
As technology continues to evolve, so do threats to your system. It follows, then, that the industry mandated security requirements will also evolve. Trying to keep up with these changes can be yet another costly problem.
Outsourced payment processing, however, means you don’t have to worry about constant changes and upgrades. At Braintree our online payment systems are always on the cutting edge of the industry and we will always maintain perpetual compliance. And even as your business continues to grow, you won’t outgrow our solutions, since our industry leading technology can be customized to suit your needs.
Get Started Now
Don’t hesitate to start your outsourced payment processing service. Remember, it’s considerably less expensive to protect your data now, than to deal with the penalties of a security breach later.
Bryan Johnson is the author of this article on online payment processing . Find more information relating to online payment systems, and pci compliance here.
