PCI Compliance refers to a set of security standards designed to protect sensitive payment card information. It stands for Payment Card Industry Data Security Standard (PCI DSS) and is essential for businesses that handle credit and debit card transactions. Compliance helps prevent data breaches and fraud by ensuring that organizations follow best practices for data security. To achieve PCI Compliance, businesses must meet specific requirements, such as encrypting cardholder data, maintaining secure networks, and regularly monitoring access to sensitive information. Compliance is not only crucial for protecting customers but also helps businesses avoid hefty fines and reputational damage in case of a data breach.