PCI Compliance Blog Posts | Page 2

What is PCI compliance? What does it mean? Is it mandatory for businesses? Arming yourself with a basic understanding of PCI can help you navigate a lot more than you think when it comes to choosing the payment processor, merchant account, or outside payment security specialists you may need. Here’s what you need to know about all things PCI-related.

Credit card tokenization involves the use of systems that replace credit card information with random letters and numbers. Ready to learn more about tokenization and how it can keep your business — and your customers — from falling prey to cybercrime and fraud? Read on to discover what a token is and how tokenized payments work.

Online payment fraud is a major concern for eCommerce businesses, but adding more security at checkout can also create friction for legitimate customers. That’s the problem 3-D Secure is designed to address. Modern 3-D Secure technology helps card issuers identify risky transactions and verify shoppers when needed, often without interrupting the checkout process. Here’s how […]

Maybe you remember the Hugh Jackman ad years ago where he asks: “Did you know SecureCode allows you to do more than pay safely?” Or, maybe you’re distracted by new, better Wolverine ads, currently. Either way, businesses and consumers alike should be sinking their claws into Mastercard’s SecureCode program. Mastercard’s SecureCode is a security measure […]

AVS is an acronym for the Address Verification Service, a feature that’s used to compare the address given to you by your customer and the billing address on file with the cardholder’s issuing bank. AVS serves two primary functions: (1) to deter fraud by confirming that the customer is the legitimate cardholder, and (2) to help prevent chargebacks by giving you additional information to verify your customer’s identity. Read on for more info.

If you’re a budding eCommerce entrepreneur, it’s critical you understand that the higher risk of fraud for online payments is the primary factor in making the credit card processing rates for this type of transaction significantly higher than for card-present transactions in a brick-and-mortar setting.

This article will discuss PCI compliance, why it’s important, and how your merchant services provider treats it. We’ll look at the numerous ways in which providers charge (or don’t charge) for PCI compliance services and what kind of services you’ll receive. We’ll also discuss the dreaded PCI non-compliance fee and how you can avoid ever having to pay it.

EMV chip cards are now standard in the US, but cardholder verification can still vary by card and transaction. Some purchases require a PIN, while others require no verification or, less commonly, a signature. So, what is the difference between chip-and-PIN and chip-and-signature, and how does each method affect merchants and customers? How Do Magstripe […]