Financial services companies have to adapt to the changes as well as complexities in the payment card industry (PCI) regulatory environment in regard to credit cards. This is done through a point-to-point encryption (P2PE) payment device that is PCI certified. P2PE provides a solution that maximizes security for credit card transactions. The Payment Process In order…
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Hotels are a hectic businesses to run. Finding ways to make your job easier will help ensure that your hotel will continue to run smoothly. Self service kiosks provide many benefits for hotels. A self service kiosk allows guests to check in as well as check out. Implementing the kiosk in your hotels will help…
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As a business owner it is important to make sure that your business is taking the proper steps to secure its data. Especially if you own a small to medium sized business. Laura K. Gray’s article on blog.pcisecuritystandards.org informs that almost half of 2015’s cyber attacks worldwide were against businesses who had 250 employees or less.…
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POS systems are standard fixtures everywhere in the retain market today. More people are paying with credit or debit instead of cash or check. When you want your business to compete and succeed today, you must have a PCI-compliant POS system in your retail stores. You can decide which system to utilize by learning about the…
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For many businesses, the holidays can bring in a huge amount of business. People are cheerfully buying gifts for their family and friends, therefore they are more open to buying items that normally wouldn’t be on their shopping list. That is why it is so important for businesses to take advantage of this time of…
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October is national cyber security awareness month. That means this is the month to spread awareness about the importance of cyber security. Online shopping, credit card processing, doing taxes online, all these cyber fields hold your private information. That is why cyber security is so important. It protects you from having your private information hacked…
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It has been one year since chip cards were implemented, and many Americans still find them to be extremely annoying. Swiping your card is so much quicker than inserting it. As Americans, we like things to be quick so that we can keep up with our fast pace lifestyles. Since we are so caught up…
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Identity theft is at an all-time high in this country. This crime costs your company money and delays the amount of time it takes to recoup funds that rightfully belong to you. When you want every credit card payment to be verified completely, you may see the advantage in using a Level Three card processing…
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These 2 pricing methods are very different. According to an article on merchantnegotiators.com, It is most common for credit card companies to charge their merchants by the tiered pricing model. The article further explains that this model splits all transactions into different tiers, usually 3 or 6. Each tier has a fixed amount to charge each transaction…
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The holidays are the busiest time of year for many businesses. That is why holiday preparations for small businesses are so important. When businesses are extremely busy it can cause more stress on the employees. Being properly prepared will help decrease stress and will enable your employees to work more effectively. Joshua Sophy’s article on smallbiztrends.com…
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