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Accepting PIN numbers on your POS system? You need to now! You will not be routinely jotting your name on payment slips and checkout terminals much longer. MasterCard, Discover, American Express and now Visa plan to ditch the signature requirement at merchants in April. Here is a quick recap of the statements from the … Continue reading Accepting PIN numbers on your POS system? You need to now!
I want to thank you for getting the word out, Wednesday’s Fraud Prevention Seminar was a great success! Central Texas business owners and managers learned how to recognize and prevent fraud from the Waco Police, Better Business Bureau, and U.S. Merchant Payment Solutions. Check out the media coverage below: WCCC.TV – City of Waco KCENTV … Continue reading Thank you for helping Central Texas Businesses STOP Fraud and Scams!
Join us for a Detailed Training on Preventing Card, Check and Cash Fraud in YOUR Business! What: Austin CPA Society Continuing Ed Course for Business & Accounting Professionals. When: Friday, November 4th, 7:00 AM. Where: Austin Chapter Texas Society of Certified Public Accountants 3305 Northland Drive Suite 406 – Austin, TX 78731-4990 Map http://cpascount.org – https://secure.tscpa.org/s110416.pdf Who: Instructor … Continue reading Payment Fraud can be SCARY for YOUR Business, learn ways to prevent it!
Published in the Groesbeck Texas Chamber of Commerce Winter Quarterly While the first anniversary of the EMV liability shift quickly approaches in October, we can expect the card brands, Visa, MasterCard, American Express and Discover, to paint a more positive picture than perhaps actually exists. Why is EMV chip card acceptance important to businesses … Continue reading Happy Anniversary EMV!
While consumers may get frustrated having to wait longer when making a payment with an EMV chip card, EMV growing pains are hurting some merchants even more. Small businesses that have not upgraded their terminals to be EMV-compliant are now getting hit with chargebacks costing hundreds and sometimes thousands of dollars. Small business owner Terry … Continue reading Chargebacks hit merchants not ready for EMV chip cards
“Ken Givens, a financial consultant, was the speaker for the Groesbeck Lions Club at its meeting Wednesday, May 11. Givens, who now lives on Lake Limestone, is also a new member of the Groesbeck Lions Club. Givens is a consultant for businesses and non-profits to increase sales, cash flow, and avoid loses with their payment … Continue reading Ken Givens speaks to Lions Club
If you accept debit or credit cards, you are required to maintain PCI Security with the major card brands. Why? Due to the widespread Identity Theft Crisis throughout the globe, all merchants must answer an annual SAQ, Self Assessment Questionnaire, or be open to hackers as well as pay non compliance fees. These fees range … Continue reading PCI Security Compliance is not an Option, it’s Required
10. Compliance can be achieved in a one-time, singular solution. Unfortunately this is not so. A single product or service that would enable merchants to achieve compliance and protect all sensitive data is simply too good to be true. Compliance is an ongoing series of risk assessments and improvements allowing you to deter and outsmart … Continue reading Countdown of the Top Ten PCI Compliance Myths