All Posts by Ursula Librizzi

The Evolution of PCI

The Evolution of PCI

How did the Payment Card Industry standards come to fruition? Let’s start with the body that governs their development; the PCI Security Standards Council (PCI SSC). The PCI SSC is a worldwide consortium of security experts from different areas of payment processing, including businesses taking credit card payments. Let’s look at how the three key standards were launched and developed throughout PCI history. PCI History: The Standards PA-DSS The Payment Application Data Security Standard (PA-DSS), first introduced in 2007, is applicable to payment application settings. Organizations that offer this type of software for third-party use (such as for…

Credit Card Authorization vs. Pre-Authorization

Credit Card Authorization vs. Pre-Authorization

In the payment processing industry there is a ton of jargon used interchangeably, and sometimes done so incorrectly. As a business owner processing credit cards, it is important you know what these terms mean so you use them correctly if a customer asks. If you’ve landed on this blog, it’s because you’re trying to determine the difference between two industry terms: credit card authorization versus pre-authorization. Let’s dive in. Credit Card Authorization Typically every “successful” transaction gets an authorization, meaning it wasn’t declined. This is the card-issuing bank’s confirmation that there are funds available…

Things to Know Before You Buy Credit Card Readers

Things to Know Before You Buy Credit Card Readers

If there’s one thing to take away from this post, it’s that all credit card reader are not made equally. Despite looking similar, they vary greatly in features, business benefits and cost. Before investing in credit card readers, you should have a thorough understanding of them. Most importantly, you should be aware of the red flags to look for when shopping to ensure you’re purchasing readers that will be a long-term investment for your business. Below, we discuss six things to absolutely avoid when shopping for credit card readers. Credit Card Readers: Red Flags to Look For…

Cards on File: Why It’s Important to Be PCI Compliant

Cards on File: Why It’s Important to Be PCI Compliant

When it comes to your customers’ information, sophisticated data protection is a must. Yet so many businesses continue to store sensitive customer data haphazardly. Keeping this raw information in filing cabinets or on your computer makes both you and your customers vulnerable to a number of risks. When it comes to moving away from these old-school tactics, a common misconception we come across is that it’s riskier to use a third-party provider to store the data for you. As a PCI level 1 Merchant Service Provider, we can confidently say this claim is false. In this post, we dive…