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What Are AVS and CVV?
When a customer visits your business and pays with a credit card, it’s fairly easy to confirm the legitimacy of the purchase. A diligent cashier could ask to see photo ID to confirm that the person in front of her is, in fact, the cardholder. The name and face should match.
Christina Lavingia
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What Is PCI DSS?
PCI DSS stands for the Payment Card Industry Data Security Standard. Any business or organization that processes, stores or transmits cardholder data is required to adhere to PCI DSS. The credit card brands (Visa, MasterCard, Discover and Amex) created these security standards to prevent fraud and i...
Christina Lavingia
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PCI Security: Time and Costs to Reach Compliance
In 2017, Target completed a multi-state settlement for $18.5 million stemming from a massive 2013 data breach that exposed customer credit card data (over 40 million records) and contact information (over 70 million records). Target's security was called into question, but it was actually an issue w...
Adnan Raja
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How to Process Credit Card Payments After Signature Rule Change
In late 2017 and early 2018, the card brands revealed a major change to their long-held signature requirements for credit card transactions. MasterCard, Discover and Amex announced they would no longer require signatures for magstripe and EMV transactions beginning in April 2018. Visa announced that...
Christina Lavingia
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Experiencing TLS Issues? Here's Why
Right now, if you’re using the Secure Sockets Layer (SSL) or Transport Layer Security (TLS) 1.0 protocols, you’re at risk for a data breach. A number of vulnerabilities have been found in this early encryption protocol, causing the card brands to require a security upgrade in order for businesses to...
Christina Lavingia
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How the Way We Take Credit Card Payments Will Change
We’re all familiar with paper receipts. They’re so ubiquitous that you likely have one in your pocket or in your purse as you read this. For customers, they constitute a proof of purchase in case they want a refund or wish to verify the transaction amount against their credit card statements. For bu...
Christina Lavingia
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