Many merchants ask me this question and want to know how it will affect their business. The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements developed by the major credit card companies to enhance credit card data security. These requirements only apply to e-commerce merchants or merchants that are using […]
Point of Sale
Where Are We with Payment Security?
The EMV Standard and Payment Security In the UK, the migration to EMV technology has reduced fraud with payment security in face-to-face transactions since EMV adoption in 2003. The EMV standard operates with EMV-compliant cards (which have embedded chips instead of magnetic stripes) and EMV-compliant POS terminals. The chips require a PIN entry for a […]