Overview of PCI Compliance

  The Payment Card Industry Data Security Standard (or PCI DSS) is a set of requirements designed to help facilitate data security. PCI DSS, developed by the major card brands including MasterCard and Visa, includes requirements for security management, policies,...

Amex vs OptBlue Wins Merchants, But Can It Win Consumers?

David Heun American Express’ OptBlue program has added 700,000 small merchants in the past 14 months, wooed by the promise of better fees for Amex acceptance. But it’s still too early to declare the program a success. The next critical step is making sure Amex...

Acquires Become Consultants as EMV Clock Ticks

CHICAGO – With the clock ticking for the Oct. 1 deadline for EMV adoption, acquirers and independent sales organizations have a clear opportunity to become payments consultants. The migration to EMV-chip cards in the U.S. had already opened the door for...

The Falsehoods Of Credit Card Terminology

The statement from your credit card processing company every month or quarter contains a lot of complex information. There are words and numbers everywhere that may or may not mean what you think, Understanding your statement, what you are being charged and why is...