On December 26, 2012, the Federal Trade Commission (FTC) issued a report to Congress describing steps that the FTC has taken in connection with payment card industry compliance with the Dodd-Frank Wall Street Reform and Consumer Protection Act and related implementing regulations by the Federal Reserve.

The new rules are designed to prevent payment card networks from pressuring merchants, including those in the hospitality industry, to select which network will process a hotelier’s electronic debit transactions.  Under the new rules, hoteliers can make decisions about hospitality technology and select the type of access device that best ensures PCI compliant payment card security without being at risk to retaliation from the payment card network.

It is of vital importance that all members of the hospitality industry employ reliable payment card security measures, to protect their customers’ and guests’ private information. Hoteliers should include front end investments in hospitality technology and vigorous PCI training to prevent the multi-million expenses associated with a data breach. One of the better approaches for ensuring PCI compliance for hoteliers is through a reliable PCI compliance program that includes custom learning solutions, such as PCI compliance training modules and similar training for hoteliers on best practices for using hospitality technology.

Learn more about the Federal Trade Commission Issues Report – Click LINK