By Judith Clark, QSA Consultant With 95% of credit cards in Canada supporting contactless, 165 million contactless cards across Europe and one out of three card payments being contactless in the UK; the total amount spent in the UK is estimated to be approximately £23 billion for the first six months of 2017. The popularity […]
By Natasja Bolton, Senior Acquirer Support QSA Mobile Payments, a broad term covering consumer and merchant-initiated mobile payment methods, have been gaining acceptance in the market place; however, have these methods achieved broad acceptance with consumers and businesses alike? In our article ‘State of Pay – have mobile payments reached a turning point?’ we […]
The deadline for the Visa security program’s new annual compliance requirement for Level 4 merchants is getting closer. Starting from January 31st 2017 all US and Canadian acquired Level 4 merchants are required to validate their compliance with the Payment Card Industry Data Security Standard (PCI DSS) yearly. Or if eligible, the merchants must be […]
The end of October marked the one year anniversary of EMV. As expected there have been a few highs and lows during this time. The transformation has overall been successful with fraud largely dropping and consumer adaptation at a high, however small to medium businesses still have a way to go in relation to getting […]
Security and compliance is a lot like having to do taxes, it’s a chore. Most businesses understand that it is important to be secure and compliant, but the complexity and time that it can take can indeed be off putting. In fact some businesses turn to accountants to look after their compliance with standards such […]
By Natasja Bolton, Senior Acquirer Support The EMV roll out across the U.S was never going to be an easy task; with so many organisations and businesses affected by the change it was bound to be challenging. However, impressive progress has been made: since December 2015, 766,000 merchant locations have been chip-enabled in the U.S, […]
By Natasja Bolton, Senior Acquirer Support Face to face card payment transactions generate two receipts – the cardholder copy, on which the Primary Account Number (PAN) must be truncated, and the merchant copy which will usually show the full PAN. Businesses are well aware that they must retain their merchant copy receipts in […]
By Natasja Bolton, Acquirer Support Manager Back in late October 2015, we reported how some SMB’s were stating that the “EMV transition is overwhelming”. Fast forward nearly 5 months, the question arising is: how successful has the EMV roll out been so far? From a consumer perspective, the roll out has seen an estimated […]
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 […]
By Natasja Bolton, Acquirer Support Manager As we discussed in the Ecommerce SAQ Selection guide, business seeking to minimise their PCI DSS compliance obligations for their ecommerce payment channel often outsource all capture and processing of payment card data to validated PCI DSS compliant payment service providers (PSPs). The most common method of doing […]
by Paul Prior, SVP Client Engagement VISA Inc, in a bulletin issued the middle of last year outlined enhancements to their PCI DSS Enforcement Plan for merchants and service providers. The plan defined a structure of escalating consequences for entities either with expired PCI DSS Compliance or those who have never demonstrated PCI DSS […]
