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.
A recent study conducted of more than 6,100 consumers across 20 countries reveals 3 out of 10 surveyed don’t trust retailers to keep their sensitive data secure. The study by ACI Worldwide and Aite Group should raise merchant awareness about the importance of data security for the protection and well-being of their customers and their business.
As a business owner you wear many hats and have numerous responsibilities in order to keep your business up and running. It can be a challenge to track your critical financial data. The problem is, if you don’t stay informed; your business may be leaking money.