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 which usually come from Visa. They issued series of mandates […]

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 than hitting the “sale” button, and why should they? Are […]

Card Association Response to 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 marketing principles, triggered both Visa and MasterCard to make changes to their operating […]

Interchange Fee Legislation – Who Will Pay the Price?

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, would limit the fees charged to merchants.  It would also prohibit charging higher […]

CISP, SDP, DISC…What Security Standards Do You Follow

As a merchant, you accept Visa, MasterCard, American Express and Discover.  You have learned that each card brand has its own set of data security standards guidelines. So, which one do you follow? Good news! The card industry has made that decision for you. A Little History The PCI Security Standards Council (PCI SSC) was […]

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