Assistant Vice Chancellor and Controller
Merchant Card
Merchant Card, Credit Card (excludes P-card)
University departments provide goods and services to its customers and accept credit cards as an appropriate form of payment. Many University departments have been set up with credit card merchant accounts consisting of point of sale (POS) terminals, customized Internet applications, or Yahoo store fronts. Accounting Services assists the University departments with establishing credit card processes, participating on and working with the CERTIFI (Compliant Electronic Receipt Transactions through Innovation and Financial Integrity) Committee to implement and manage the directives of the Payment Card Industry Security Standards Council, NACHA and the electronic commerce requirements set forth by the North Carolina Office of the State Controller and North Carolina State legislature.
Payment Card Industry (PCI) Data Security Standards (PCIDSS)
The bankcard industry’s combined effort to improve the safekeeping of cardholder information and prevent system breaches which outlines the steps that merchants need to take in order to be in compliance.
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