What is the significance of PCI compliance in Magento?

What is the significance of PCI compliance in Magento?

Answer: PCI compliance is significant in Magento because it ensures that online stores securely handle credit card information, protecting customer data from breaches and fraud. Compliance with PCI DSS (Payment Card Industry Data Security Standard) helps build customer trust, reduces the risk of financial penalties, and is essential for maintaining a secure e-commerce environment.

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