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 […]
Direct Pay Online Mobile Payment App
In an effort to make mobile payments easier and more convenient for merchants that are constantly on the go and operate remotely, Direct Pay Online will be releasing a new mobile app and swipe card technology. With these new tools, providers will be able to take credit card payments anywhere with an app and a […]
Why Mobile Payments Are The Next Hot Thing
With the increased use of mobile devices, the rise of mobile payments was a natural occurrence. The way that we pay for products and services has transformed drastically over the years. Checks and cash have gradually been phased out by debit cards, prepaid cards and credit cards. Now, we’re starting to see the emergence of […]
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. […]