Accepting credit cards is a must have for most businesses today but the convenience doesn't come free – at least for the business. Many consumers do not know that businesses are responsible for all processing fees incurred by accepting all credit card types. To all you business owners out there – there are things you [...]
From mobile apps to the Internet and social media, shopping as we once knew it has forever changed. Thanks to technology, shoppers are much more knowledgeable and know where to find the best deals. For a business, effectively marketing your products has become much more difficult – you can’t just place an ad in your [...]
In 1994, Europay International, MasterCard and Visa (EMV) joined forces to create and pave the way for a worldwide standard for chip-based “smart card” technology. This new chip technology has the ability to reduce the use of stolen credit card data and will aid in speeding up the adoption of mobile payments – but it [...]
Credit cards offer us convenience, access to additional funds, and most of all rewards. However, they don’t come with 100 percent security so it’s important that you know how to protect yourself from credit card fraud. From low tech dumpster diving to high tech hacking, fraud can happen in a variety of ways and to [...]
Q. What are PCI’s Data Security Standards (DSS)? A. A common set of industry tools and measurements to ensure the safe handling of sensitive information. DSS was initially created by aligning Visa's Account Information Security (AIS)/Cardholder Information Security (CISP) programs with MasterCard's Site Data Protection (SDP) program. This provides a framework for developing a robust [...]
Let’s get started with what PCI actually is. PCI stands for Payment Card Industry, which is often termed simply “the Council.” PCI is a global forum that was launched in 2006 to develop, maintain and manage PCI Standards, which include the Data Security Standard (DSS), Payment Application Data Security Standard (PA-DSS), and PIN Transaction Security [...]
We've all heard of it before and most of us have purchased something using a mobile device – I know I have. Let’s face it, the industry is growing and it’s growing fast! Mobile credit card processing now allows you to bring your business anywhere you want and accept the #1 preferred form of payment [...]
What we do at CHIPD. Those who know and do business with CHIPD will agree that we do much more than just provide the best credit card processing solution – I may be a little biased… We’d like your help in spreading the CHIPD word to small to large businesses across Nebraska and beyond. But [...]
Starting January 27, 2013 merchants were allowed to add a surcharge to credit card transactions as part of a settlement agreement in an antitrust, class action lawsuit that was filed by retailers against Visa and MasterCard. However, this surcharge is not applicable to debit cards, prepaid cards, or American Express credit cards – American Express [...]
Planning a vacation on the amount we will save you. Not impossible! Being a small business ourselves, we understand how important it is to save every penny possible. We shop around for everything – office space, technology, office supplies – to ensure we are getting the best deals possible. Many business owners overlook the possibility [...]
