For many people, any transaction involving money requires a sense of confidence. There is an implied trust when money is going from one person to another, whether that money is meant to pay for a service or a specific product. The person handing the money over wants to know that it is being exchanged for the specific thing that they want, and the person receiving the money wants to know that she/ he is getting the right amount, in timely fashion.
Year: 2020
“May Day!,” Pt. I: Malware Security Alert for POS Devices
Happy May Day! In the U.S., it conjures up images of May Poles and spring love. In Europe, it’s marked with parades and marches, and is still something of a “worker’s holiday,” as it was here in the 19th Century. It was the original “Labor Day,” until the one we have now was created, so that American workers could have a day separate from what was perceived as the somewhat incendiary history of May 1st.
There and Back Again! Plus: Is Your Password As Strong as the Dollar?
As we mentioned before, we’ve been getting some brush-ups — a lot of digital brush-ups – -done to the AVPS website. Much as you can’t drive your car around when it’s in the shop, we haven’t been able to blog on our same schedule while our web presence is made more secure and more visually friendly to mobile devices.
And… We’re Back! In Time for “FMI vs. EMV,” Plus: Travel News!
Hello faithful blog readers and connoisseurs of financial news and credit card insights. As you may have noticed, we had an “outage” on our web page’s blog for a few days — late last week and earlier this week.
Appeal to Younger Consumers with Versatile Payment Options
Your customer base is the heart of your business success. By appealing to as many demographics as possible, you expand your potential and make it possible to pursue your aspirations for success and growth. Depending on your products and services, your business may be specifically targeted to an older audience. If your niche is broader, however, it is important to recognize the buying power of younger consumers and do what you can to appeal to them so you can take advantage of their influence.
Fed Report: Mobile Payments, Commerce on the Upswing. But…
The Federal Reserve has issued the 2015 edition of its Consumers and Mobile Finances report. Among the findings, as reported by “Digital Transactions,” are that “the number of mobile-payments users in the United States is growing steadily, but most mobile-phone owners still find other payment methods more convenient.”
Retail Merchant Account FAQs
Designed for stores and retail businesses of all sizes, a retail merchant account is a system that allows you to accept credit or debit cards for sales of products and services. This type of account processes transactions when the card holder is present with the card being used.
Shocker: Nearly 80% of Businesses Fail Interim PCI Compliance
Recently, Verizon issued a report on Payment Card Industry Data Security Standards — PCI DSS for short. The results were pretty bracing. As Computer Weekly summarizes “nearly 80% of businesses fail their interim PCI compliance assessment, leaving them vulnerable to cyber attacks, according to Verizon’s 2015 PCI Compliance Report “
Embrace Technology with Mobile Payment Processing
If you are ready to build your business, grow your customer base, and reach new levels of success, it is essential to keep your eyes on innovation. The world is changing incredibly quickly and if you don’t do what you can to keep up, you are going to get left behind. Though you may maintain the core of your business, your product line and branding, your customer base shrink, if you fall behind with technology.
