Merchants: Are Your Vendors PCI Compliant?

Are Your Vendors PCI Compliant?   Visa, who has always been the strictest association regarding PCI compliance, data security, and cardholder protection, has set the pace again. Merchants who accept multiple card types are required to follow the strictest card operating guidelines to become PCI compliant…

How Do Merchants Violate Visa and MasterCard Rules?

VISA and MasterCard Rules and Regulations Many merchant violations of the VISA and MasterCard rules don’t even know they have committed a violation. Most stores don’t have any procedural information about how to process a credit card sale as part of their employee training other…

Card Association Response to Updated FTC Regulations

Updated FTC Regulations In January, MasterCard made an effort to enforce new regulations and best practice guidelines pertaining to online direct marketing – specifically “negative option” marketing, which they consider to be a “brand damaging” practice.  The FTC Negative Option staff report, featuring five key…

Interchange Fee Legislation – Who Will Pay the Price?

Interchange Fee Legislation  This spring, U.S. Representatives Peter Welch (D-VT) and Bill Shuster (R-PA), introduced HR 2382, the Credit Card Interchange Fees Act of 2009.  Welch, the bill’s author, states that “credit card fees are killing small businesses.”  The act, targeted to help small retailers,…

Card Association Battles Around the Globe

It seems as though anytime a company gets large enough, there will always be people who feel it is unfair and begin to wage war on what they don’t know. I have talked about Visa and MasterCard having to pay large settlements to Discover after a long…

The Evolution of Contactless Payment Technology

Contactless Payment Technology We have seen the contactless payment technology and their functionality pop up in many stores over the last few years. You have probably seen the popular commercial where people are walking in an efficient circle, taping their card onto a contactless device,…