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.
PCI compliance is mandatory for any business that accepts credit cards. Any business that does not maintain PCI compliance is at a greater risk for security breaches that can result in devastating consequences.
In the wake of numerous credit card fraud events affecting millions of retail customers during the winter holidays, the restaurant industry prepares to meet the October 2015 EMV® compliance deadlines by changing over to a more secure credit card acceptance technology. The rapid rise of counterfeit payment fraud in the United States clearly demonstrates the need for this solution and TransFirst® is prepared to help.