Description

On today's episode of The Restaurant Realty in 10 host, Michael Carro, is joined by Greg Litton of Everest Payment Solutions. Greg explains how credit card PCI compliance works for restaurants and steps you can take to remain compliant and avoid hefty fees.

"Accepting credit cards is now a necessary evil for restaurants, but you can mitigate your compliance fees."

Key Take Aways:

• PCI stands for Payment Card Industry and is the “sheriff” for businesses that accept credit card payments.
• PCI Compliance is making sure that you are up to date and up to speed with what PCI says the new standards are.
• Mitigate your non-compliance fees by being aware of required changes and updating your system prior to the deadline
• Ensure you are completing the new annual PCI compliance quiz to avoid unnecessary charges from your credit card service provider.

For more information on The Restaurant Realty in 10 or to get the show notes from today's show head over to TheRestaurantRealty.com

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