Your responsibilities as a merchant in preventing credit card theft & fraud-PCI compliance

PCI DDS 101 A Journey, Not A Destination by Brett Callow and Rhonda Turner Almost everybody has a credit card, and most people have more than one card. Between 1995 and 2006, the number of cards in circulation almost doubled. Unfortunately, credit card fraud has increased just as rapidly. In the U.S. alone, card issuers … Continue reading Your responsibilities as a merchant in preventing credit card theft & fraud-PCI compliance

Fines to begin for non compliance of PCI, etc.

Pressure mounts for retailers to comply with payment card data security standards By Paul Demery For six years, credit card companies have been threatening retailers with fines and loss of credit card status if they don’t comply with the payment card industry data security standards. And retailers have been routinely ignoring them. Now that might … Continue reading Fines to begin for non compliance of PCI, etc.

IRS says no merchant fees for 1099-K reporting: Who’s listening?

Some of the biggest payment processors in the United States are assessing new merchant fees related to compliance with section 6050W of the Internal Revenue Code (IRC). However, the Internal Revenue Service indicated charging merchants for production or verification of taxpayer identification numbers (TINs) and business names, or for processing and filing 1099-K forms, is … Continue reading IRS says no merchant fees for 1099-K reporting: Who’s listening?

what to watch out for when someone solicits your merchant account

Hi, I thought you would find the below industry article very helpful Street Smarts Spring cleaning the ISO house By Bill When dishonest ISOs and merchant level salespeople (MLSs) use deceptive practices to trap business owners into signing unfair processing agreements, the merchants feel cheated. And this gives us all a bad reputation. Such practices … Continue reading what to watch out for when someone solicits your merchant account

Ticket Evolution hires former TicketNetwork staffer as deadline for funding raising nears

This copy is for your personal, noncommercial use only. Ticket Evolution hires former TicketNetwork staffer as deadline for funding raising nears View this article online: http://www.ticketnews.com/news/Ticket-Evolution-hires-former-TicketNetwork-staffer-as-deadline-for-funding-raising-nears081006729 Fri, Aug 6th 2010 5:23 pm EDT By Alfred Branch Jr. Insomniac Broker-owned ticket exchange Ticket Evolution this week announced the hiring of its first employee with the company’s … Continue reading Ticket Evolution hires former TicketNetwork staffer as deadline for funding raising nears

CAN’T FIND A TELEPHONE LINE NEARBY? – SOLUTIONS NEBO CORDLESS

Hi, I have tested this new technology and it works fantastic. Literally takes just a few seconds to hook up and your current dialup terminal becomes a wireless terminal with full encryption for safety. You just plug in one piece into your phone jack and power supply and the other piece into your cc terminal … Continue reading CAN’T FIND A TELEPHONE LINE NEARBY? – SOLUTIONS NEBO CORDLESS