The growth of mobile payments globally continues to pick up pace; however, it is China, to date, that has embraced it most quickly and readily as we previously reported in our article entitled: Is China leading the way forward with Mobile Payments? In 2016 the mobile payments market in China reached $5.5 trillion. In comparison, during […]
Non-compliance fees are viewed by many as an acceptable short-term solution to a merchant’s unwillingness to engage with a compliance program. However, often despite the best efforts by acquirers, some merchants continue to remain disengaged. So when a merchant ignores notifications regarding their non-compliance status and the application of non-compliance fees, it may be […]
We recently reported that Sysnet’s Natasja Bolton, Senior Acquirer Support had contributed to the development of new payment resources to help small merchants and their banks defend against cybercrime. In this follow-up article we asked Natasja to elaborate further on what her role entailed and how she contributed to the development of this new vital […]
By Natasja Bolton, Acquirer Support Manager It’s suspected that several of the large retail chains that suffered major data breaches in the past few years were running 14 year old software Windows XP Embedded SP3, a Windows XP operating system version that is used by retailers of all sizes in their Point-of-Sale (POS) systems, and […]
According to a recent announcement, Visa will now require 100% of level 4 merchants in the US and Canada to have validated their PCI DSS compliance annually starting January 31st 2017. Whilst it has always been necessary for level 4 merchants to be compliant, these new rules will ensure that a consistent level of card […]
For many businesses the task of reporting their compliance and maintaining the security of their systems can be challenging. We understand that security and compliance can be complicated. Sysnet simplify it, by taking the work away from businesses with our Proactive Data Security services. For further information click here
With the EMV deadline of October 1st 2015 here and gone a reported 85% of merchants not being aware of the financial and legal liabilities they’ll be responsible for, we look at what impact it will have on merchants. In the infographic “Bye, bye magnetic-stripe, hello microchips” we examine the key impacts the EMV […]
With 85% of merchant businesses unaware of the financial and legal liabilities they’ll be responsible for starting at the beginning of October, we take a look at the key impacts that will affect these businesses. “Download our whitepaper: Taking-Care-of-Business-in-the-U.S. where we examine what the impact the EMV roll out will have on merchants and list potential […]
by Jason McWhirr, Information Security Consultant, Consulting Services Sysnet’s QSA community has observed that in recent months merchants have become bolder in challenging why compliance with the Payment Card Industry Data Security Standard (PCI DSS) is necessary for their business; challenging what they see as a costly and time-consuming imposition when they believe there is […]
by Ferdinand Roberts, Global Head of Sales & Strategic Partnerships Anyone who has ever taken the time to examine the dynamics of markets will notice the cyclical characteristics they exhibit over time. Apart from the economic theory that surrounds this, to me, it suggests something more fundamental. At the heart of many of these cycles […]
If you outsource card payment services remember that you are responsible for the security of the card data that you pass on to third parties. If those third parties are non-compliant with PCI DSS, you should not pass on data to them. Even when they are compliant don’t allow them to affect your ability […]
