Credit Card Processing, Security and PCI Compliance

MasterCard SecureCode and How to Use It

The card brands claim minimal impact on your customer’s checkout process while adding additional protection. But how does it work, and why should you care about the additional protection? Let’s take a look at what using MasterCard SecureCode entails and how it may help or harm your bottom line. What is MasterCard SecureCode? How is…

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What is MasterCard SecureCode? How do you use it? These questions may be on your mind as a business owner in the internet age. If you sell products or services online, it’s worth your time to consider whether 3D secure technology is a good addition to your anti-fraud toolkit.

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Credit Card Processing, Security and PCI Compliance

How to Use Verified by Visa 3D Secure Fraud Prevention

In this article, we’ll talk about what it is, how it benefits you and your customers, potential drawbacks, and how to use 3D Secure to ensure maximum security for online transactions. What is Verified by Visa? 3D Secure 2.0 What businesses should consider using Verified by Visa? How does using VbV benefit my business? Are there any…

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With online shopping more popular than ever, it’s important to take steps to protect yourself and your customers from fraudulent transactions. One option is to utilize Verified by Visa, a way to add an extra layer of security to online transactions.

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Credit Card Processing, Security and PCI Compliance

Data Breach Prevention and Insurance

You might be considering breach insurance, assuming that will protect you in the event of a data breach. Many credit card processing companies even offer data breach insurance as an add-on, making it an easy decision for some businesses. Just know that there may be limitations to what types of breaches are covered, or how…

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In the wake of expensive, well-publicized data breaches like those experienced by Home Depot and Target, you may be nervous about your own business experiencing a breach. Unlike Target and Home Depot, small businesses don’t always have the money to cover the expenses of a data breach, and may take a bigger reputation hit if customers perceive your business as not secure.

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Credit Card Processing, Security and PCI Compliance

PCI Non Compliance Fee: An Expensive Reminder

Note that Visa and MasterCard do not impose fees on businesses that are PCI non-compliant – that decision comes solely from your processor, making a PCI non compliance fee a pure profit charge for processors. Processors are not required to charge you a non-compliance fee. Let’s take a closer look at PCI non-compliance fees and…

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Processors use PCI non-compliance fees as an expensive monthly reminder to prompt businesses to become PCI compliant.

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Security and PCI Compliance

PCI Compliance Fee: Legit or Rip Off?

PCI DSS stands for Payment Card Industry Data Security Standard, and it’s essentially a set of guidelines that businesses follow to ensure cardholder data remains secure. PCI is managed by the PCI Security Standards Council, and PCI compliance is required by Visa and MasterCard for any business that accepts credit cards. The PCI compliance mandate…

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Is a PCI fee just another junk credit card processing fee, or is it a legitimate charge? Actually, it’s both. Some credit card processors charge a PCI fee and provide no compliance support, others charge a fee for providing compliance scanning and assistance, and some don’t charge a fee at all.

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Credit Card Processing, Security and PCI Compliance

PCI Compliance is Required – Soon, Validation Will Be, Too

Every business that takes credit cards is required to comply with PCI standards, no matter how few credit card transactions it processes. What is PCI? Secure Card Processing Network Protect All Cardholder Information Protect Your Systems Against Malware Put Access Control Measures in Place Monitor and Test Your Networks Create and Maintain an “Information Security”…

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PCI compliance is a set of rules for the security of credit card transactions. It’s split into 12 basic requirements grouped into 6 categories to help businesses and payment processors create and maintain a reliable, secure processing system.

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