Still On Magento 1?

May 27, 2020

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The end of life date for Magento 1 is rapidly approaching at the end of June, which has caused some confusion and raised questions around the PCI compliance of sites on M1 after this date.

The PCI DSS global standards are set by card schemes (such as Visa and Mastercard), and apply to all merchants that process payments. One of these requirements is that you must implement security patches to keep your payment-related systems safe and secure.

If you continue using Magento 1 after June 2020, without additional security measures, you may no longer comply with this requirement as Magento will stop releasing security patches. As a result you can incur hefty fines of thousands of pounds in the event of a security breach.

In a nutshell…

  • Magento 1 stores are not PCI compliant after end of life in June.
  • The ability to continue to take card payments is between you and your acquiring bank.
  • If you get breached on M1 after June, you will face higher costs and a full PCI investigation.
  • ITQ Digital have a manageable, split payment option for moving to Magento 2.

 

To see how our COVID-19 offer can help ease the financial stress of moving to Magento 2 click here.

To Read the full article from our partners Sonassi click here.