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The High Price of Free eCommerce Solutions

The High Price of Free eCommerce Solutions 具 . 厠 厠 厠 厠 圓圓 圓圓 Free eCommerce solutions may sound like a good idea, but using a non PCI / PA-DSS compliant solution may end up costing you more than you think. Let's take a look at the true costs of these solutions. -Top Open Source eCommerce Solutions osCommerce zen cart PCi PCi Non-PCI Free Non-PCI Free Compliant Compliant Magento PCi PCI Compliant Option Starting at $14,420 per year for PCI compliance - Using a Non-Compliant Solution Looks Cheap, But Can Cost BIG. The average fee for non-compliance ranges from $20-$30 per month and increases as your store generates more revenue. 85% of Over 80% of security attacks target US companies have experienced at least one small merchants security breach Average cost per breach: $7.2+ million Using a Non PCI Complaint Cart Puts You at Risk For: Termination of ability to Fines and penalties accept payment cards Lost sales PCi Lost confidence; customers go to other merchants Higher subsequent costs of compliance Cost of reissuing new payment cards CLOSED Legal costs, settlements and judgments Fraud losses Going out of business What About Hosted Payment Pages? You can run a non-compliant solution and accept credit cards on a hosted page provided by your payment provider, but you should know: Cart abandonment will increase If your store generates $150,000/year and your abandonment rate increases 15-20% -that's $22,500 - $30,000 in lost revenue Questions to Ask... If My eCommerce Company Hosts My Store Are they PCI compliant? Pci If my store grows, how much will they charge in disk space and bandwidth fees? Can I move my store to my own server? If I Host My Store Are they PCI compliant? Pci Are they PA-DSS compliant? Do I have the technical experience to do this? Cost to migrate off a non-compliant solution using a service: $49 * * (Based on 1000 products, 500 customers and 500 orders) http://www.zen-cart.com/index.php?main_page=infopages&pages_id=10 http://www.zippycart.com/free-shopping-carts/all-free-ecommerce-software.html http://www.practicalecommerce.com/blogs/post/457-PCI-Compliance-Coming-to-You https://www.pcisecuritystandards.org/smb/why_secure.html http://www.igi-global.com/viewtitlesample.aspx?id%=D61419 http://www.securityweek.com/survey-merchants-more-concerned-over-protecting-brand-fines https://www.privacyrights.org/top-data-breach-list-2011 http://www.pcmag.com/article2/0,2817,2385041,00.asp http://www.careersinfosecurity.com/blogs.php?postID=1136&pg=1 http://www.shopping-cart-migration.com/ pinnaclecart making e -commerce work Contact us and we'll move you off your non-complaint solution for FREE The High Price of Free eCommerce Solutions 具 . 厠 厠 厠 厠 圓圓 圓圓 Free eCommerce solutions may sound like a good idea, but using a non PCI / PA-DSS compliant solution may end up costing you more than you think. Let's take a look at the true costs of these solutions. -Top Open Source eCommerce Solutions osCommerce zen cart PCi PCi Non-PCI Free Non-PCI Free Compliant Compliant Magento PCi PCI Compliant Option Starting at $14,420 per year for PCI compliance - Using a Non-Compliant Solution Looks Cheap, But Can Cost BIG. The average fee for non-compliance ranges from $20-$30 per month and increases as your store generates more revenue. 85% of Over 80% of security attacks target US companies have experienced at least one small merchants security breach Average cost per breach: $7.2+ million Using a Non PCI Complaint Cart Puts You at Risk For: Termination of ability to Fines and penalties accept payment cards Lost sales PCi Lost confidence; customers go to other merchants Higher subsequent costs of compliance Cost of reissuing new payment cards CLOSED Legal costs, settlements and judgments Fraud losses Going out of business What About Hosted Payment Pages? You can run a non-compliant solution and accept credit cards on a hosted page provided by your payment provider, but you should know: Cart abandonment will increase If your store generates $150,000/year and your abandonment rate increases 15-20% -that's $22,500 - $30,000 in lost revenue Questions to Ask... If My eCommerce Company Hosts My Store Are they PCI compliant? Pci If my store grows, how much will they charge in disk space and bandwidth fees? Can I move my store to my own server? If I Host My Store Are they PCI compliant? Pci Are they PA-DSS compliant? Do I have the technical experience to do this? Cost to migrate off a non-compliant solution using a service: $49 * * (Based on 1000 products, 500 customers and 500 orders) http://www.zen-cart.com/index.php?main_page=infopages&pages_id=10 http://www.zippycart.com/free-shopping-carts/all-free-ecommerce-software.html http://www.practicalecommerce.com/blogs/post/457-PCI-Compliance-Coming-to-You https://www.pcisecuritystandards.org/smb/why_secure.html http://www.igi-global.com/viewtitlesample.aspx?id%=D61419 http://www.securityweek.com/survey-merchants-more-concerned-over-protecting-brand-fines https://www.privacyrights.org/top-data-breach-list-2011 http://www.pcmag.com/article2/0,2817,2385041,00.asp http://www.careersinfosecurity.com/blogs.php?postID=1136&pg=1 http://www.shopping-cart-migration.com/ pinnaclecart making e -commerce work Contact us and we'll move you off your non-complaint solution for FREE The High Price of Free eCommerce Solutions 具 . 厠 厠 厠 厠 圓圓 圓圓 Free eCommerce solutions may sound like a good idea, but using a non PCI / PA-DSS compliant solution may end up costing you more than you think. Let's take a look at the true costs of these solutions. -Top Open Source eCommerce Solutions osCommerce zen cart PCi PCi Non-PCI Free Non-PCI Free Compliant Compliant Magento PCi PCI Compliant Option Starting at $14,420 per year for PCI compliance - Using a Non-Compliant Solution Looks Cheap, But Can Cost BIG. The average fee for non-compliance ranges from $20-$30 per month and increases as your store generates more revenue. 85% of Over 80% of security attacks target US companies have experienced at least one small merchants security breach Average cost per breach: $7.2+ million Using a Non PCI Complaint Cart Puts You at Risk For: Termination of ability to Fines and penalties accept payment cards Lost sales PCi Lost confidence; customers go to other merchants Higher subsequent costs of compliance Cost of reissuing new payment cards CLOSED Legal costs, settlements and judgments Fraud losses Going out of business What About Hosted Payment Pages? You can run a non-compliant solution and accept credit cards on a hosted page provided by your payment provider, but you should know: Cart abandonment will increase If your store generates $150,000/year and your abandonment rate increases 15-20% -that's $22,500 - $30,000 in lost revenue Questions to Ask... If My eCommerce Company Hosts My Store Are they PCI compliant? Pci If my store grows, how much will they charge in disk space and bandwidth fees? Can I move my store to my own server? If I Host My Store Are they PCI compliant? Pci Are they PA-DSS compliant? Do I have the technical experience to do this? Cost to migrate off a non-compliant solution using a service: $49 * * (Based on 1000 products, 500 customers and 500 orders) http://www.zen-cart.com/index.php?main_page=infopages&pages_id=10 http://www.zippycart.com/free-shopping-carts/all-free-ecommerce-software.html http://www.practicalecommerce.com/blogs/post/457-PCI-Compliance-Coming-to-You https://www.pcisecuritystandards.org/smb/why_secure.html http://www.igi-global.com/viewtitlesample.aspx?id%=D61419 http://www.securityweek.com/survey-merchants-more-concerned-over-protecting-brand-fines https://www.privacyrights.org/top-data-breach-list-2011 http://www.pcmag.com/article2/0,2817,2385041,00.asp http://www.careersinfosecurity.com/blogs.php?postID=1136&pg=1 http://www.shopping-cart-migration.com/ pinnaclecart making e -commerce work Contact us and we'll move you off your non-complaint solution for FREE The High Price of Free eCommerce Solutions 具 . 厠 厠 厠 厠 圓圓 圓圓 Free eCommerce solutions may sound like a good idea, but using a non PCI / PA-DSS compliant solution may end up costing you more than you think. Let's take a look at the true costs of these solutions. -Top Open Source eCommerce Solutions osCommerce zen cart PCi PCi Non-PCI Free Non-PCI Free Compliant Compliant Magento PCi PCI Compliant Option Starting at $14,420 per year for PCI compliance - Using a Non-Compliant Solution Looks Cheap, But Can Cost BIG. The average fee for non-compliance ranges from $20-$30 per month and increases as your store generates more revenue. 85% of Over 80% of security attacks target US companies have experienced at least one small merchants security breach Average cost per breach: $7.2+ million Using a Non PCI Complaint Cart Puts You at Risk For: Termination of ability to Fines and penalties accept payment cards Lost sales PCi Lost confidence; customers go to other merchants Higher subsequent costs of compliance Cost of reissuing new payment cards CLOSED Legal costs, settlements and judgments Fraud losses Going out of business What About Hosted Payment Pages? You can run a non-compliant solution and accept credit cards on a hosted page provided by your payment provider, but you should know: Cart abandonment will increase If your store generates $150,000/year and your abandonment rate increases 15-20% -that's $22,500 - $30,000 in lost revenue Questions to Ask... If My eCommerce Company Hosts My Store Are they PCI compliant? Pci If my store grows, how much will they charge in disk space and bandwidth fees? Can I move my store to my own server? If I Host My Store Are they PCI compliant? Pci Are they PA-DSS compliant? Do I have the technical experience to do this? Cost to migrate off a non-compliant solution using a service: $49 * * (Based on 1000 products, 500 customers and 500 orders) http://www.zen-cart.com/index.php?main_page=infopages&pages_id=10 http://www.zippycart.com/free-shopping-carts/all-free-ecommerce-software.html http://www.practicalecommerce.com/blogs/post/457-PCI-Compliance-Coming-to-You https://www.pcisecuritystandards.org/smb/why_secure.html http://www.igi-global.com/viewtitlesample.aspx?id%=D61419 http://www.securityweek.com/survey-merchants-more-concerned-over-protecting-brand-fines https://www.privacyrights.org/top-data-breach-list-2011 http://www.pcmag.com/article2/0,2817,2385041,00.asp http://www.careersinfosecurity.com/blogs.php?postID=1136&pg=1 http://www.shopping-cart-migration.com/ pinnaclecart making e -commerce work Contact us and we'll move you off your non-complaint solution for FREE The High Price of Free eCommerce Solutions 具 . 厠 厠 厠 厠 圓圓 圓圓 Free eCommerce solutions may sound like a good idea, but using a non PCI / PA-DSS compliant solution may end up costing you more than you think. Let's take a look at the true costs of these solutions. -Top Open Source eCommerce Solutions osCommerce zen cart PCi PCi Non-PCI Free Non-PCI Free Compliant Compliant Magento PCi PCI Compliant Option Starting at $14,420 per year for PCI compliance - Using a Non-Compliant Solution Looks Cheap, But Can Cost BIG. The average fee for non-compliance ranges from $20-$30 per month and increases as your store generates more revenue. 85% of Over 80% of security attacks target US companies have experienced at least one small merchants security breach Average cost per breach: $7.2+ million Using a Non PCI Complaint Cart Puts You at Risk For: Termination of ability to Fines and penalties accept payment cards Lost sales PCi Lost confidence; customers go to other merchants Higher subsequent costs of compliance Cost of reissuing new payment cards CLOSED Legal costs, settlements and judgments Fraud losses Going out of business What About Hosted Payment Pages? You can run a non-compliant solution and accept credit cards on a hosted page provided by your payment provider, but you should know: Cart abandonment will increase If your store generates $150,000/year and your abandonment rate increases 15-20% -that's $22,500 - $30,000 in lost revenue Questions to Ask... If My eCommerce Company Hosts My Store Are they PCI compliant? Pci If my store grows, how much will they charge in disk space and bandwidth fees? Can I move my store to my own server? If I Host My Store Are they PCI compliant? Pci Are they PA-DSS compliant? Do I have the technical experience to do this? Cost to migrate off a non-compliant solution using a service: $49 * * (Based on 1000 products, 500 customers and 500 orders) http://www.zen-cart.com/index.php?main_page=infopages&pages_id=10 http://www.zippycart.com/free-shopping-carts/all-free-ecommerce-software.html http://www.practicalecommerce.com/blogs/post/457-PCI-Compliance-Coming-to-You https://www.pcisecuritystandards.org/smb/why_secure.html http://www.igi-global.com/viewtitlesample.aspx?id%=D61419 http://www.securityweek.com/survey-merchants-more-concerned-over-protecting-brand-fines https://www.privacyrights.org/top-data-breach-list-2011 http://www.pcmag.com/article2/0,2817,2385041,00.asp http://www.careersinfosecurity.com/blogs.php?postID=1136&pg=1 http://www.shopping-cart-migration.com/ pinnaclecart making e -commerce work Contact us and we'll move you off your non-complaint solution for FREE

The High Price of Free eCommerce Solutions

shared by pinnaclecart on Apr 14
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While using a free ecommerce platform may seem like an inexpensive method to start selling on line, the risk and non PCI Compliance fees can end up costing you big.

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