Secure Payment Processing

PCI “law” is misnamed since it’s not an actual law. However, compliance with standards in Payment Card Industry (PCI) transactions is required by the major credit card companies in order to be able to accept credit cards from their cardholders. Any business, big or small, that plans on accepting credit cards has to be aware…

If you have spent any time looking for credit card processing companies, you have probably seen the term “PCI-compliant” floating around. But, what does PCI-compliant mean, and what does it mean for your business? More importantly, why should you work with a credit card company that is PCI-compliant? In short, any company that takes credit…

You hear a lot about data security, but what does it actually mean? There are different issues to deal with, and one of those is credit card fraud. This is when someone pretends to be the cardholder, and then uses the cardholder’s credit card information to pay for various purchases, leaving the cardholder stuck with…

The EMV chip is the latest global standard in card payment security. The name EMV was formed as an acronym of the three-card payment companies that created the system. These are Europay, Mastercard and Visa. While many other card payment companies have come on board and are using the system, the name EMV is universally…

Several card payment security measures have come into effect in recent years. These measures were developed to counteract the rise in credit card payment fraud all over the world. Would-be criminals are always seeking new ways to breach any security measures. However, the card payment companies are also diligent in finding ways to stay several…

The advent of e-commerce, which is a key hallmark of the digital age, has seen shopping habits rapidly evolve in tandem with the new technological advancements. These days, most goods or services can be procured online. This has necessitated credit and debit card payments, a fast and easy solution to pay for the aforementioned shopping.…

The goal of PCI compliance is to protect yourself, your business, and your customers from identity theft and other forms of credit card fraud. At a more basic level, compliance secures your revenue streams, because Visa refuses to transact with any processor that isn’t compliant. Things become even more complicated, because there’s no actual documentation…

The Payment Card Industry (PCI) has set Data Security Standards (DSS) designed to make sure any company that accepts, processes, stores or transmits credit cards does so in a secure environment designed to protect cardholders’ personal data. PCI DSS is a global set of standards, and all merchants must be in compliance for the protection…

Depending on how long you’ve been using credit cards, you may or may not be familiar with manual card imprinters. Remember making etchings as a kid? You placed a coin or stencil beneath a piece of paper, then used a pencil or crayon to lightly shade the paper above the coin. Within seconds, an identical…

Human nature is an interesting thing. If you lose your wallet or misplace your phone, you’ll blame yourself. But if you get accosted on a specific street or a particular neighborhood, you might avoid that ‘risky place’ rather than just putting the blame on the criminal that attacked you. Credit theft is the same way.…