It seems like hardly a day goes by that we don’t hear about yet another data breach that has compromised the personal and financial information of hundreds of thousands of people. It’s almost incentive enough for business owners to revert to a cash-only operation to avoid exposing themselves to the risk of fraud.
The terms “credit card” and “charge card” are often used interchangeably. In fact, although they are accepted the same way when presented at the point of sale, there are significant differences between them that card users should understand when applying for and using either.
When you are ready to accept credit cards for your business it makes sense to choose a full-service merchant account provider such as TransFirst® which offers over 19 years in the industry, with payment solutions for mobile, register, wireless and Internet-based processing.
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.
Choosing a merchant account provider for your credit card processing needs isn’t difficult, but it does take some preparation and consideration on your part. If you’re new to credit card processing and wonder how to get started, here are some tips to help you make the wisest choice for your business.