“First there was Heartbleed, then Shellshock, and now Poodle, yet another serious security vulnerability in yet another widely used piece of software that went unnoticed for years.”
Month: February 2020
What is a Virtual Merchant?
Any type of website that sells products or services online is known as a virtual merchant, because the payment transactions occur digitally. Even if you ship physical products to the customers who made the purchase, you still fall within the definition of a virtual merchant since the purchase was initiated online and all of the payment was made in a digital manner.
MasterCard Tips on Protecting Yourself — Pt. II
Since we last posted, J.P. Morgan and other banks have joined the “honor roll” of institutions which have been hacked, and had information stolen. According to a recent overview of headline-making hacks in the Washington Post, “J.P. Morgan Chase& Co., America’s largest bank, reassured its customers by saying that there was no evidence that account information, such as passwords and Social Security numbers was compromised.” OK, good. What was compromised? “Names, addresses, phone numbers and e-mail addresses of account holders were accessed.”
MasterCard’s Tips On Protecting Yourself During “Bug” Season — Pt. I
If you’re talking about the internet, online transactions, and electronic payments, unfortunately, you don’t have to wait for winter for it to be “bug” season – there are always plenty of “viruses” and contagions to command your interest!
What Are ACH Payments?
As a small business owner, it can be overwhelming to understand all of the things that you need to know about financial transactions. It is important to have a merchant account and a company who can make sure that you are receiving the electronic payments when your customers make a purchase. But, how do you know which company you should trust with this sensitive information?
