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Is your POS system leaving you –exposed?

Let’s face it… Point of sale systems are common place in many retail and restaurant environments. In fact, they’re practically a necessity. Clearly there are millions of businesses across the US run without computers and inventory management solutions and other fancy gadgets that make life easy. For those of you who DO have the luxury of such devices–could you imagine running your business without them?

The only problem with any computer attached to a network and specifically the internet, is that it is now subject to being hacked. Furthermore, there is NO fool proof way to ABSOLUTELY guarantee that your systems will not get hacked–unless of course you don’t connect to the web. It’s like your car… you can lock your doors, install an alarm and even use a theft deterrent like “The Club”, but if someone really wants your car–you may as well kiss it good bye… or leave it in your underground bomb shelter… but what fun is that?

So let’s say you have your sweet POS System that helps you run your business. Are you able to afford the hefty fees to keep your software updated year after year? It would be interesting to know–statistically speaking–what percentage of businesses do subscribe to these plans for their POS. From our experience, considering the exhortation cost, the percentage is low. This is a very serious issue because often times those updates include security patches to prevent hack attempts in the first place.

Why is this important? Well, consider this unfortunate Columbus, OH restaurant. Press coverage is fantastic–when it’s for the right reason. What’s worse is Tip Top is not alone. This is an every day occurrence. Of course we do not know–nor are we implying that Tip Top or it’s POS vendor did not keep it’s systems up to date. The fact is–just like your car… it may not matter.

So what’s the solution? Use your POS system to handle all of the intricate details of your business like inventory, time clock, etc. and even as a cash register–but leave the credit card processing portion to a good old fashioned credit card terminal! Well… it doesn’t have to be old fashioned of course.

For example, Payex and it’s resellers across the nation are working hard to help restaurants combat fraud from hackers or even their own employees by bringing payment right to the customer. For example, in this video GGL Processing, a reseller for Payex, helped well known Joe Roots Grill and Lucky Man’s Pizzeria in Erie, PA with just that…

Keeping Payments Where They Belong!

When you’re are ready to:

  • reduce your cost of expensive software upgrades
  • reduce the number of times a server has to visit a table
  • protect your client’s credit card information from hackers
  • protect your client’s from skimming

     
    Or, if you just simply want to upgrade to the latest and greatest way of accepting credit cards for your pay at the table restaurant or delivery business, remember to call your friends at Payex. A Payex expert will help design a custom solution for your business at the most economical price available!

    Do you keep your POS System updated religiously?

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    Add comment January 3rd, 2010

  • Old systems become obsolete: What merchants should be aware of

    Are you a merchant who has an out of date PIN pad or terminal? As mandated by card brands, you must replace your existing equipment with Payment Card Industry (PCI) Compliant equipment by July 2010. Read More…

    Continue Reading Add comment July 22nd, 2009

    Visa drops two major processors from PCI compliance list: What to consider before signing the dotted line

    Due to major data breaches that occurred earlier in the year by RBS WorldPay Inc. and Heartland Payment Systems, Inc, Visa removed the two processors from their PCI Compliance list in March. Read More…

    Continue Reading Add comment May 11th, 2009

    Flowers Made of Money? Floral Merchant’s Fall Victim to Valentine’s Day Fraud

    A newly identified fraud practice is targeting floral merchants. Read more…

    Continue Reading Add comment February 13th, 2009

    What does your business do in the Holiday spirit?

    What are you or your business doing this Holiday season in the spirit of giving back? We’d love to hear your ideas!

    Continue Reading Add comment December 18th, 2008

    Gift Cards and Bankruptcy: Is your gift card worthless?

    With the amount of stores declaring bankruptcy, and store closings, people are becoming weary of purchasing gift cards. Should you avoid buying that gift card for your loved one this Holiday season?

    Continue Reading Add comment December 4th, 2008

    Identity and Credit Theft- Protect Yourself on Black Friday

    Beware of scrooges as you head out to do your holiday shopping in the coming weeks. They want to steal more than your good cheer. Some tips to help you protect yourself against identity and credit card theft.

    Continue Reading Add comment November 24th, 2008

    New way to market your business - and stay under budget!

    At a time when more people than ever are clipping coupons and cashing in on store discounts, it’s the perfect time for businesses to use promotions. But how do you do this when your marketing budget is being allotted elsewhere and print advertising costs make your head spin?

    Continue Reading Add comment November 13th, 2008

    Merchant Cash Advance As Alternative Small Business Loan

    In these tough economic times (we are all probably tired of hearing about), small business owners need to be even more on top of there game in order to survive. In the credit crunch bank loans are harder to come by, alternative options are available such as the merchant cash advance.

    Continue Reading Add comment October 10th, 2008

    “Wardriving”….are you the in drivers seat of your business?

    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 Add comment August 21st, 2008

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