As you may have seen in last week’s newsletter, we mentioned that in addition to the holiday revelry, and holiday sales, your business is enjoying, you’ll also want to be careful of a potential uptick in fraud and hackery in your business’ databases and Point-of-Sale devices.
Tag: Business Merchant Services
The Wallets, They Are A-Changin’
The Wallets, They Are A-Changin’ It’s That Time of Year It’s the time of year where customers are encouraged to…
Halloween Spending, Holiday Trends — and Goodbye, Cash?
The Boston Globe says it succinctly: “Consumers may still be holding tight to their wallets after the recession, but there’s at least one occasion that doesn’t appear to have them spooked: Halloween.”
MasterCard Tips, the Final Chapter (Pt. III)
“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.”
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.
Card Use on the Rise — Redux!
Periodically we bring you indicators, overviews and prognostications about our economy is faring, particularly in the ongoing wake of the Great Recession, whose effects have yet to be fully shaken.
Card News Roundup: Home Depot and Other Breaches; Millennial Trends
Fall usually brings its own busy-ness after the general sweet slowness of summer, and our current September is no exception. There are changes afoot in the payments business, notably the coming of EMV Cards here in America, their arrival hastened by the constant headlines about all-too-noteworthy security breaches in the news.
Are Cards More Cost Effective For Merchants Than Cash?
A new study from financial analysts at the Aite Group says that handling both Debit and Credit cards is more cost effective for merchants and retailers than handling cash.
According to details in the Credit Union Times, the report, “Tender Truths: The Real Cost of POS Transactions in the U.S., found debit cards the least expensive method of payment for merchants, costing significantly less per transaction than cash or cards.It broke down the costs of different payment types across three broad retail sectors: specialty retailers, quick service restaurants and convenience stores.”
A Handy AVPS Guide to Point-of-Sale Security. Pt. I: Remote Access
In our current climate of “hackery” and security breaches, the number of alerts and advisories going to out to companies like ours is on the increase. Many of these have valuable information that we feel should be passed along to our customers, so they can use these ideas, deploy them, to keep their own transactions — and their customers — as safe as possible.
