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Why PCI-DSS Matters for Payment Apps & Wallets: Security & Compliance Insights

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By LegrescaTech Expert & Industry Thought Leader
📅Apr 3, 2025
⏱️10 min read
🏷️Security & Compliance
Why PCI-DSS Matters for Payment Apps & Wallets: Security & Compliance Insights
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Frequently Asked Questions

Got questions? We've got answers. Find quick solutions to common queries below.

PCI-DSS is a security standard for protecting cardholder data. It is crucial for safeguarding users, building trust, and avoiding legal or financial penalties.

Yes. Any system that stores, processes, or transmits cardholder data must comply.

Penalties, legal liability, reputational damage, and increased vulnerability to data breaches.

Conduct a gap assessment, implement required security controls, engage QSAs, and monitor systems continuously.

No. Ongoing monitoring, audits, and updates are required to maintain compliance and mitigate evolving threats.

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Why PCI-DSS Matters for Payment Apps & Wallets: Security & Compliance Insights | Legresca Blog