fraud concerns

Equifax Data Breach & What You Can Do Now To Protect Yourself

Posted by on September 13, 2017 at 2:52 pm

On September 7, 2017, Equifax, one of the three main credit reporting agencies, announced a massive data security breach that exposed vital personal identification data — including names, addresses, birth dates, and Social Security numbers — on as many as 143 million consumers, roughly 55% of Americans age 18 and older.

Beat chargebacks!

Posted by on December 6, 2016 at 9:24 pm

With friendly-fraud increasing, coupled with more stringent chargeback regulations from the credit card issuers, merchants have little choice but to dedicate more time and energy to curbing chargebacks. Chargebacks (also known as customer disputes) should not be thought of as a cost of doing business, even if you are under the 1% threshold; but rather as a chance to recover lost revenues and remain in good standing with the card associations.

EMV – What You Need to Know About the Implications of Disputed Charges

Posted by on November 12, 2015 at 1:42 pm

What happens when a customer uses a chip-enabled credit card in your store without an EMV-compliant terminal? You’re liable for losses in the event of a fraudulently used card. What happens if you have a chip-enabled system with the same chip card? The banks are liable. The lines are drawn in the sand and you need a professional with more than 10 years of experience in the credit card processing industry to help you navigate the path.