Migrating From Magnetic Strips to EMV
EMV is the newest global standard for credit and debit card payment technology. Each EMV-compliant card contains a tiny, embedded microprocessor that holds all the required information needed to utilize the card for secure payment through EMV devices – such as PoS machines, and ATMs. EMV cards offer greater security to traditional magnetic stripe cards […]
Save a Fortune by Working With a PCI DSS Compliant Payment Processor
If you’ve followed our blog for a few months now, you’ll have a good understanding of PCI DSS (Payment Card Industry Data Security Standard) and the latest updates made to the upcoming PCI DSS 3.0 that is scheduled to become effective January 1, 2014. It’s an important date and compliance for anybody who accepts credit […]
The Real Costs of Payment Processing
The real cost of payment processing in the travel industry is little understood, encompassing a wide range of factors that range from processing fees to human resources, to fraud prevention and recovery; nevertheless, emerging technologies are simplifying matters and even saving industry service providers bundles. Hospitality and travel industry organizations that are competing for bookings […]
New Updates to PCI DSS 3
The PCI Security Standards Council has recently published a summary of upcoming updates to the PCI Data Security Standard (PCI DSS). The new version of the PCI DSS will be released in November of 2013. The goal of the updates is to make it easier for companies to integrate PCI DSS into their day to […]
E-commerce booming in Kenya
When e-commerce first began to boom in the United States, Japan, and other parts of the world, Kenya’s lack of widely available internet service left them behind. Even in 2010, many Kenyans did not have access to high speed internet, which limited the nation’s ability to take advantage of e-commerce. Fast forward to today and […]
PCI DSS is Not a Bad Word
Any business that accepts credit card or debit card payments via the Internet must meet the Payment Card Industry Data Security Standard (PCI DSS) in order to be in compliance with requirements by Visa and MasterCard, among others. There are 12 basic security requisites that were developed by the Payment Card Industry Security Standards Council […]
Fraud Prevention In Online Payment Processing
As technology advances, thieves are constantly discovering new tricks and loopholes to steal personal data. One of the most common areas that thieves are focusing on is credit card fraud when it comes to online payment processing. Since the largest number of credit card transactions takes place online, web-based fraudulent activity has become extremely attractive. […]