Merchants that accept credit cards need to provide secure credit card processing to help protect their business and customers from credit card fraud and identity theft. Verizon has been tracking hacktivist activity since 2004. What is hacktivism? Hacktivism is a fusion of hacking and activism. Hacktivism occurs when technology and politics come together employing a [...]
Cell Phone Credit Card Processing Is Here
March 20, 2012 By
Merchants who are ready to accept credit cards for their business should consider the growing movement towards cell phone credit card processing. Near field communication (NFC) is a set of standards that allows chip-equipped smartphones to send and receive data to a reader module at very close range, such as a few centimeters apart. A [...]
Understanding Your Virtual Merchant Account
March 14, 2012 By
In order to understand what there is to know about a virtual merchant account, it’s best to begin with learning about merchant accounts and how they can benefit your business. A merchant account is a contractual agreement that contains the respective rights, duties and obligations between a merchant and merchant account provider (a company that [...]
Maintaining Secure Credit Card Processing
March 11, 2012 By
Many merchants don’t actually understand the vulnerabilities of credit card processing. Electronic payments present security challenges for merchants of all kinds, great or small, who process or transmit credit, debit or prepaid card information. If you want to accept credit cards for your business, merchants need to guard against the criminal intentions of thieves and [...]
Customized Credit Card Processing Solutions
March 9, 2012 By
Diverse Merchants and Detailed Credit Card Processing Merchants of all kinds need to accept credit cards as a form of payment, so it follows that there cannot be just a single credit card processing solution that enables businesses to accept credit cards for their goods or services. There are countless ways that business is conducted. [...]
Merchant Account Fundamentals
March 8, 2012 By
Merchant Account Fundamentals — The More You Know, The More You Grow Once you have been approved for a merchant account you can use credit card processing to grow and expand your business; but to the inexperienced it may seem confusing to understand all there is to learn about credit card processing. You may have [...]
Accreditation Represents a Merchant Account Provider You Can Trust
March 1, 2012 By
Merchants who accept credit cards in their business need a merchant account provider that delivers the products and services necessary for credit card processing — but there is a lot more to it than that. Credit card processing begins with finding the right merchant account provider — and like your business — no two are [...]
Credit Card Processing With Chip Technology
February 26, 2012 By
Chip technology is the next big thing in credit card processing. This is evidenced by the fact that 1million credit cards with chip technology have already been issued by Visa® — the largest processor of debit and credit card payments — as of the end of 2011. Chip cards, also known as smartcards, look just [...]
Accept Credit Cards for One Monthly Fee
February 24, 2012 By
If you accept credit cards and have looked at your statement, you were probably struck by the number of different fees and assessments that were listed: interchange, discount rate, transaction, PIN debit, authorization, batch, chargeback, AVS, Internet gateway, customer service and support, monthly minimum and surcharge, to name some of the most common. Ever wondered [...]
Why Does U.S. Lead World in Credit Card Fraud?
February 23, 2012 By
At $3.56 billion, the total payment card fraud losses in the United States last year amounted to almost half of the worldwide total — and yet, the U.S. accounts for only 27 percent of the total volume of purchases and cash! Why the disparity? A leading credit card processing industry newsletter thinks it knows. According [...]
