Posts filed under 'Advice'
Earlier this month, the Department of Justice announced 11 people from the U.S., Estonia, Ukraine, Belarus, and China are being charged for hacking into retailers’ computers and stealing more than 41 million credit card numbers. The perpetrators supposedly drove around in their vehicles with laptops, looking for unsecured “Wi-Fi” network connections, a technique called “wardriving.” Is your business protected?
Continue Reading August 21st, 2008
If you are a merchant, vendor or service provider reading this information for the first time, and have not heard about PCI compliance it might be time-or past time-to question and contact your merchant service provider, acquirer or credit card issuer.
Continue Reading August 12th, 2008
One question that comes up frequently from merchants is “I was told that I need to update my terminal. Is this true?” The answer is…
Continue Reading June 27th, 2008
It is the merchant’s responsibility to ensure that they are in compliance with the laws of the states in which they process. Do you know your states rules on credit card truncation?
Continue Reading June 9th, 2008
If you pay attention to a few of the key factors affecting costs and put measures in place to prevent them, you can save thousands of dollars in annual processing fees. Review these factors to better understand and in return save a few dollars!
Continue Reading May 29th, 2008
Chargeback and retrieval requests can be complicated to understand. To give you a better idea of what the reason codes really mean, and some ways to avoid receiving retrieval requests we have provided a brief description of some of the most common reason codes.
Continue Reading May 22nd, 2008
Card-not-present fraud losses have increased by 37 percent and account for more than half of all card fraud losses. One business finds a revolutionary way to combat this problem.
Continue Reading May 8th, 2008
We believe it is best to prevent chargebacks in the first place. Instruct your staff to follow the procedures listed on this page to help prevent losses due to chargebacks!
Continue Reading April 24th, 2008
The number of signature debit cards in use in the US is forecast to reach 317 million in 2008…will you get your share?
Continue Reading April 11th, 2008
Fishing happens when merchants accept cards that have been declined for an authorization amount. If the credit card is accepted for a lower amount, why not accept it? It seems harmless enough, right? WRONG!
Continue Reading May 22nd, 2007
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