The Payment Card Industry sets the standard for how merchants handle credit card data. The Industry is compiled of the 5 major credit card companies: Visa, MasterCard, American Express, Discover and Japan Card (JCB). These companies carry a large amount of risk on behalf of their card-holders and due to the increase of fraud and [Read more ...]
|
|||||
  |
Card issuers have massive computer systems that handle transaction processing. These companies also have some very advanced and large scale fraud detection systems. Every time a credit card is reported as stolen, a huge amount of past data about that card is put into a big database. This database of pre-fraud activity is used in a [Read more ...] PA-DSS, and you thought PCI was a mess! PA-DSS, is a security standard set for payment application developers, outlining security and auditing procedures for electronic payment applications. Software that falls under the PA-DSS envelope could include anything from a POS system to online shopping cart software. PA-DSS requires that a program be audited by a 3rd [Read more ...] Authorize.net goes down July 3rd, 2009 from Industry News Authorize.net suffered an outage this morning. Current rumors suggest that it was due to a fire at a data-center, which subsequently destroyed the backup generators from the sprinklers. Authorize.net is currently the largest payment gateway in the world. This is affecting millions of websites right now. To my [Read more ...] Friday, August 21, 2009 PayPal as an adequate Merchant Account Solution |
||||
|
Copyright © 2010 Metro Merchant Services - All Rights Reserved |
|||||