On the 17th May 2018, the PCI SSC published the latest version of the PCI Data Security Standard: the PCI DSS v3.2.1. In this article we look at the changes that have been included in the updated Standard. These are also discussed in the PCI SSC’s summary of changes document. A new standard? This […]
‘Ask a QSA’ has received a number of queries recently, the below question is somewhat unusual but is something that will resonate with some of our clients. Seasoned QSA, Natasja Bolton stepped up to the challenge. Do acquirers need to be listed as a service provider in Part 2f of the SAQ or included […]
There’s no doubt about it, attrition costs and it’s certainly not an easy pill to swallow. In the U.S. acquirers suffer on average attrition rates of 22% and at the high end it can even reach 36%. The cost of attrition to the industry is substantial, in fact some reports have stated that on […]
December 7th, 2015, Dublin, Ireland / Atlanta, Georgia – Sysnet Global Solutions, today announced the launch of VIP Manager, an innovative solution that helps acquiring organisations manage the PCI DSS compliance status of their most important customers. Simon Pepper, SVP Product Management at Sysnet Global Solutions, commented “We work with some of the world’s […]
In our experience, getting merchants compliant is not unlike carrying out a sales campaign, it can sometimes take quite a few calls to successfully engage merchants in the process. Studies show that 80 Percent of successful sales require five follow-up calls. Though it seldom takes that many calls to get merchants compliant, sometimes a […]
With the EMV transition deadline of October 1st having passed, many small business have still not upgraded their terminals to the new standard and many are not aware of the financial and legal liabilities that they are now responsible for. In fact many small business are feeling overwhelmed, according to a recent article on Paymenteye.com. […]
VIP Manager provides acquiring organisations with a highly efficient, cost effective, online solution for managing the PCI DSS compliance reporting of their VIP merchants. Working with some of the world’s largest acquiring organisations has given Sysnet a deep insight into how those organisations manage their VIP merchants’ PCI DSS compliance and associated reporting requirements […]
August 5th, 2015, Dublin, Ireland / Atlanta, Georgia – Sysnet Global Solutions, today announced the launch of a new out-sourced Merchant Contact Service, tailored specifically for acquiring and ISO organisations. The fully scalable, on-demand service enables acquiring organisations to respond to market conditions while also proactively engaging with customers through their customers preferred channel; […]
Managing the PCI compliance of large, complex merchants is a real challenge for acquiring organisations. Working with some of the world’s largest acquirers has given Sysnet a deep insight into how those organisations manage their VIP merchants’ PCI DSS compliance and associated reporting requirements and more importantly, into the common issues they face when managing […]
By Paul Prior, Chief Product Officer, Sysnet Global Solutions The Payment Card Industry Data Security Standard (PCI DSS), while undoubtedly benefitting both merchants and payment card holders, places significant demands on the resources of many acquirers. Most people involved in risk and compliance within the payments industry recognise these benefits; nevertheless running a merchant PCI […]
