For small businesses the decision to accept credit cards is not always as simple to make as many companies that facilitates payments claim. From the difficulty of getting approved for a merchant account to losing money from fees, accepting credit cards can present unexpected problems. Sara Angeles outlines five things you need to know to best meet your unique needs.
It’s a well known fact that PCI compliance is often a baffling puzzle for small merchants. But you need to know what to do in order to avoid non-compliance fees and costs of a security breach that is more likely to happen if you ignore PCI compliance.
Eric Geier takes a lot of confusion out of the picture with his short and clear article:
Unlike many other authors that do their best to help merchants navigate through the complicated world of PCI compliance, Eric talks not only about your online store but also about mobile card readers, proper office and brick and mortar store setup.
None of this stuff is very technical, and all of it will help to keep you on a good side of card brands who define PCI security standards.
Have further questions specific to your situation? Contact Dusk Owl, we are here to answer them.
Once a distant threat, something that merchants would not experience until there was a breach, non-PCI compliant fees now become a reality. A growing number of merchant service providers add those fees to merchants’ monthly bills before any cardholder data was compromised.
So, July 1, 2010 passed. Any company that accepts gift, debit, or credit cards on their web site now must use PA-DSS compliant payment applications (a shopping cart is one such application) or face non-compliance fines, warnings from their merchant account provider, and even a possibility to lose the ability to process card payments if the card data is compromised.
A short and very well written explanation on how and why PCI standards came to exist. They are important not only for credit card brands but to merchants and buyers as well. It is all about keeping cardholder data secure, no matter where people shop and whom they trust with their information.