Secure Payment Processing

The short answer is Yes! As a small business owner, PCI (Payment Card Industry) compliance may seem like just one more hurdle to be crossed and one more set of regulations to stick to, but it’s much more. Non-compliance doesn’t just attracts penalties and fines, it can seriously impact your brand, reputation and customer loyalty.…

Customers love having a wider range of payment options when they get to the checkout station. Though there has been a sea-change in the way businesses accept payments, many small business owners still buck the trend and refuse to accept credit cards for a variety of reasons. This can cost them in terms of brand…

With the kind of transformation that shopping habits and purchasing behavior have seen in the last few years, it’s important that your small business stays in sync. As a business owner, meeting customer expectations is the cornerstone of the health and growth of your business. Today, Americans not only have a credit card; on average,…

It’s important to customers that they feel comfortable about how, where, and to whom they’re paying. Comfort can be boiled down into two primary components: safety and convenience. An online shopping platform can help customers feel comfortable by reassuring them that their safety and security is high priority, as well as by making sure the…

The term ‘small business’ is relative. It could refer to customer volumes, turnover, reach, service provision, staff numbers, physical size, or maybe you live and work in a quiet little town. Regardless, you still need to be PCI compliant in order to accept credit cards. There are two reasons why. One, you can’t process any…

 A survey conducted in 2014 shows that nearly $16 billion losses were caused due to credit-card fraud. This could be, in part, because businesses may not maintain proper controls over the sensitive data in their possession. PCI refers to the Payment Card Industry Council, which is the organization that self-regulates credit card payment methods. Initially,…

Allowing your customers to pay by credit card makes life a lot easier for them. It’s convenient, it improves their credit score, and it makes a great avenue for loyalty plans. However, it also puts them at risk. If unscrupulous people get hold of someone else’s credit card details from you or your business, the…

Briefly, credit card tokenization involves replacing customers’ Primary Account Number (PAN) with a series of randomly generated sequences that can pass through payment networks without exposing sensitive data. It is a highly effective data security system designed to prevent fraud and frees merchants from the responsibility of maintaining card data on their payment systems. How…

You don’t have to go far to look for recent data breaches or cyber-attacks. Research shows that in the first six months of 2017 there were 918 data breaches that compromised 1.9 billion data records. That was a 164% increase over the same period in 2016. Scary! But there are often warning signs of potentially…

The Payment Card Industry (PCI) Council is a regulatory body that recommends security measures for card transactions. It’s not a legal requirement, but many card networks trust it. Visa refuses to transact with anyone that isn’t PCI compliant, and since it’s the most popular card network, that doesn’t leave most merchants much choice. The PCI…