Downscaling Fraud – Moving Away From Paper to Online Payments
As we look around the payment landscape, we see a far different world than we did ten, even five years ago. The amount and pervasiveness of technology have not only made it easier for people around the world to participate in global commerce, it’s made the world of commerce and e-commerce safer for all of […]
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 […]
Afrikoin – The Digital Currency Conference
Afrikoin is a grassroots initiative that is driven by innovators whose goal is to address the challenges around digital currency and payments in Africa, as well as to facilitate a learning opportunity for anyone who may be new to e-commerce and digital payment processing. With at least 150 attendees expected at the event, and live-streaming […]
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 […]
Setting the Tone – Who Uses Mobile Payments Today
It seems like every day, the mobile payment marketplace is getting a little more crowded. From established leaders like PayPal and Google to new, innovative startups that are changing the mobile payment landscape, one thing is clear – mobile payments will become even more common the future. In fact, some in the industry think we’re […]
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 […]
The new Beat – BitCoins to Hit Kenya
M-Pesa is a mobile payments service that was launched in 2007 by Kenyan operator Safaricom and Vodafone. Around 1/3 of Kenya’s population use the service as a means to transfer small amounts of money to other people and merchants via their phone number. This form of payment is so popular due to ease of use. […]
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 […]