The payment card industry consists of all the organizations which store, process and transmit cardholder data, most notably for debit cards and credit cards. The security standards are developed by the Payment Card Industry Security Standards Council which develops the Payment Card Industry Data Security Standards used throughout the industry. Individual card brands establish compliance requirements that are used by service providers and have their own compliance programs.
The payment card industry refers to all organizations involved in securing cardholder data, especially for debit cards and credit cards. The Payment Card Industry Security Standards Council creates security standards that are applied through the Payment Card Industry Data Security Standards used across the industry. Card brands also establish their own compliance requirements that service providers must meet.