Recent Industry and Company News
4 Easy Ways to Lower Your Business’ Credit Card Processing Costs
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 can do to reduce [...]
Is it time to offer your products online?
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 city’s Sunday paper any [...]
What You Need to Know About EMV
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 will have no effect [...]
Protect yourself, and your money, from fraud.
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 anyone. Fraud, especially credit [...]
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 [...]