Effective April 2018, all major card brands have adopted the practice of making the signature no longer required on EMV and NFC sales. So, if you have equipment that is able to accept EMV chip cards or NFC payments (ApplePay, etc), you do not need...
According to a recent survey, 62% of small businesses storing customer credit card and banking information on cloud storage say they do not follow industry regulations to secure their cloud storage. That is an alarming number. ...
Retailers are retailers, not security experts. Too often, their best efforts can create friction at the point of sale for consumers, which leads to shopping cart abandonment and lost revenue, all while feeding the illusion of “too much security.” ...
The payments industry has been under increasing scrutiny from federal and state regulators in the past few years to implement appropriate risk monitoring and compliance policies and procedures. As VARs, gateways, and ISVs seek to expand into traditional payments areas, they must understand the risks...
Does your business process credit cards and/or debit cards through a website shopping cart? That type of transaction is referred to as “card not present," and contains the most risk for you as a business owner. To help minimize your risk for these...
No business owner wants a credit card Chargeback. But, they can happen. Let BASYS help you, as the owner or manager of a business, to understand Chargebacks, and provide 6 tips to reduce your risk of credit card Chargebacks....
EMV has been all the rage in the credit card industry for some time now. Let’s step away from the overly-complex play-by-play of a standard EMV transaction and talk about what is important: where EMV came from, how it works, and how it...
In the payment processing industry, technology and security are always important topics. Tokenization falls under both, and is therefore incredibly important. What is tokenization, and why does it matter to your business?...
The Visa Small Merchant Security Program issued new QIR requirements effective Jan 31, 2017. As a business owner, this is what YOU need know....
Don’t be duped by credit card processing scams. Here are 4 tips to protect your business from scammers claiming to sell merchant services and credit card processing....
The introduction of EMV credit cards into the United States was heralded as a big step toward preventing credit card fraud. But while the cards may have changed the landscape, they have not freed convenience store owners from having to keep up their defenses against...