Understanding PCI DSS Certification Costs in Nigeria - Let's Get You an Estimate
The cost of getting PCI DSS (Payment Card Industry Data Security Standard) certification in Nigeria depends a lot on your size, transaction volume, complexity of your systems, and how much remediation work you need to do. I found some local and global figures to help you estimate. If you want a more tailored number, I can help you with that too. Here are the ballparks:Visit our official website to get started: https://www.maximedgeconsulting.com/ISO-Certification-Request-Form.html
What affects cost
Some of the main factors that drive up/down cost:
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Merchant Level: Level 1 (very high transaction volumes or major card-handling processors) have much more stringent requirements, including on-site audit by a QSA (Qualified Security Assessor). Levels 2-4 are less onerous.
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Existing security & infrastructure: If your systems are already reasonably compliant (good network security, encryption, etc.) you'll spend less on remediations. If you need a lot of upgrades, it rises fast.
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Scope: Number of IP addresses, servers, etc.; number of locations or sites; whether you process/store cardholder data; how many payment channels (online, POS, mobile, etc.).
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Third-party help / consultant costs. Hiring a good QSA, consulting to help prepare, doing penetration tests, vulnerability scans, etc.
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Training, policies, documentation, monitoring etc.
Global/Published Ranges (for reference)
From multiple sources:
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For smaller merchants (lower levels), certification plus associated compliance often costs US$5,000 to US$20,000 annually.
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For Level 1 merchants (high volume), RoC audits etc., costs globally often range from US$35,000 to US$200,000+.
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Some smaller businesses might only spend a few thousand dollars if their environment is simple and they mostly just need to complete self‐assessment questionnaires and fix small gaps.
Local (Nigeria) Figures
I found a direct local reference:
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According to a Nigerian GRC (governance, risk, compliance) firm the cost of PCI DSS for Level 1 merchants in Nigeria is about ₦4-8 million.
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Also noted: ISO 27001 (a different but related standard) in Nigeria runs about ₦2.5-6 million for a comparable type of organisation.
Rough Estimate (Nigeria) in USD / Naira
Using those local numbers:
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₦4-8 million is approximately (depending on exchange rate) US$4,800-US$9,600 (if ₦800 to the dollar) or more/less depending on the current Naira/USD rate.
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For smaller merchants: likely lower, maybe ₦1-3 million or more, depending on how many changes you need to make.
Bottom-line Estimate
If I were to give you a typical cost in Nigeria:
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Small merchant, few transactions, minimal system complexity / mostly online payments: maybe ₦1-3 million (~US$1,300-US$4,000) (if existing infrastructure is fairly good).
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Medium merchant, moderate transaction volume, some improvements needed: maybe ₦3-6 million (~US$4,000-US$8,000).
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Large or Level 1 merchant, heavy transaction volume, many sites or channels, significant remediation: ₦6-10 million+ or more (could go upward of ₦10-20m depending on scale).
If you like, I can try to get quotes specific to Port Harcourt or your industry to get you a more precise estimate. Do you want me to do that?
Visit our official website to get started: https://www.maximedgeconsulting.com/ISO-Certification-Request-Form.html
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Visit our official website to get started:
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