PCI compliance is a term that gets a lot of attention in the field of merchant services, and rightly so. Keeping credit card transactions safe should be a primary concern of everyone involved in the process: credit card networks, issuing banks, merchants and their merchant services providers.
Money transfers made through companies such as Western Union and MoneyGram have long been a popular means by which scammers get paid by their victims. These days, fraudsters have moved on to prepaid cards.
Mobile credit card processing can be an essential business solution. Whether you are just starting out — or you are ready to branch out — consider using mobile point-of-sale (mPOS) technology to help your business grow.
The phrase “flim flam” is synonymous with deception. In the world of credit card processing, this centuries-old expression has been replaced with an updated version: “skim scam”, which refers to the act of illicitly obtaining credit card account information for fraudulent purposes.