Recent Industry and Company News
PCI Compliance Frequently Asked Questions
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 account data security process [...]
What does it mean to be PCI compliant?
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 (PTS) Requirements. The standards [...]
Grow Your Business by Accepting Mobile Payments
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 by consumers – credit [...]
Who we are. What we do.
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 before you do, we’d [...]
Credit Card Surcharging
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 still prohibits any surcharges. [...]
Interchange Pricing Versus Tiered Pricing
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 of saving with their [...]