Secure Payment Processing

There are several credit card networks, such as Visa, MasterCard, and American Express. These networks are universal, and have partnered with multiple banks around the world to create credit cards, debit cards, ATM cards, and even branded loyalty cards for businesses. For your business to accept payments by credit card – either in person or…

Attaining PCI compliance is an essential part of growing your online business. Without it, you open yourself up to fines, litigation, and data theft. The Payment Card Industry Data Security Standard (PCI DSS) was put forth by the five major credit card companies, and it is meant to reduce the number of costly and highly…

To be reassured that ACH payments are secure, let’s first understand what they are. Automated Clearing House or ACH payments are payments made through a federally regulated electronic network used by financial institutions to send and receive financial transactions. An ACH processes large volumes of credit and debit transactions in batches, including direct deposits, payroll…

The mobile phone has become a veritable technological Swiss army knife. Nowadays, smartphone owners can even use their device to make payments using Apple or Android Pay. The device stores payment information, and then it can be used for contactless payments at appropriate point-of-sale terminals. The payment information is encrypted, and it’s very hard for…

PCI compliance can be daunting, but if you are a business accepting credit card payments, there’s no way around it. Some business owners think that with the proper gateway, PCI compliance is no longer necessary. Unfortunately, that is not the case. PCI compliance mostly takes place within your server system, and it provides guidelines for…

As the world advances, so does the criminal element. Just like every gun invites the development of bulletproof clothing, every fraud detection method prompts unsavory characters to try and get round it. Stay on top of things by reading widely and keeping in touch with industry security networks, and learn how to safeguard your company…

A seamless checkout process has been shown to increase conversion rates. However, streamlining the checkout process has to be done carefully while keeping PCI compliance standards in mind. After all, it won’t do you much good to increase conversions, if you also wind up bogged down with fraud charges and fees, acceptance rates, damage to…

Becoming PCI compliant can increase your customers’ trust in your brand, and encourage more online purchases. However, achieving PCI compliance can be a confusing process. This article will look at the basics of getting your online business to be PCI compliant. Typically, you will have received a welcome message when you first signed up for your…

There are always risks associated with doing business online. From hacking, to data theft and payment fraud, businesses have to be careful, and protect themselves against liability and losses. Luckily, there are numerous tools and techniques out there that help increase security. When it comes to payment fraud in particular, credit card issuers and merchant…

AVS and CVV are excellent fraud filters.  When accepting credit cards, there is always the risk of encountering a fraudulent transaction. In fact, sometimes businesses will have to take a revenue loss due to chargebacks, some of which will be fraudulent. In order to prevent this, there are two major tools available: AVS and CVV.…