The Payment Card Industry Data Security Standard (PCI DSS) is a widely accepted set of policies and procedures, intended to optimize the security of credit and debit card transactions and protect cardholders against misuse of their personal information.
No matter what type of business you’re in, accepting credit cards can help boost sales and expand customer reach. Companies and their customers also find that payment processing with recurring payments has its advantages — namely, convenience.
At TransFirst® we’re committed to keeping all entities involved in credit card processing protected from transaction fraud — but it’s best to remember that keeping cardholder data safe is a shared responsibility. One way merchants who accept credit cards can help to reduce their risk of a data breach is by using tokenization — a weapon in our fraud protection arsenal that helps safeguard sensitive information.
Accepting credit cards in your business is an essential offering for customers seeking alternative payment options to cash. Your merchant services provider can help you find the ideal payment solution to pave the way for future growth.
Apple, Inc. has unveiled its plan to modernize the way customers shop with credit cards; it’s called Apple PayTM. The announcement of this new service came on September 9th at a special media event in Cupertino, California, to introduce the new Apple Watch and two new iPhones — the iPhone 6 and iPhone 6 Plus, capable of making contactless payments. This new service uses technology known as Near Field Communication (NFC) which has built-in capabilities to support secure applications.