Merchant Services

Payment Card Industry (PCI)  compliance refers to the technical and optional standards that businesses must follow to ensure that credit card data provided by the cardholders is secure. The compliance is enforced by the PCI Standards that set the guidelines. Furthermore, it needs to be enforced by all the merchants and businesses irrespective of their turnover or growth and the number of  credit card/debit card transactions  they are dealing with. They have to follow the guidelines of PCI compliance to secure the sensitive information of their customers. This reduces the likelihood of theft of financial and personal data. HOW DOES PCI COMPLIANCE WORK? PCI DSS keeps itself updated with new norms to keep new threats at bay. Its guidelines are implemented in both, the administration and technological part of the merchant business. Hence, you will have to keep your website updated regularly and make sure the payment deals are in accordance with PCI complianc...

According to studies, business accepting credit card payment is likely to generate more revenue as compared to others. The main purpose of you being in the industry is to earn profit and credit card is a great mode of payment. So, it is better to get a reliable credit card processing before starting off. What do Business Owners need? If you want to accept payments through credit card, the first thing that is must is Merchant Account. To carry out online transactions and validate credit card acceptance, a merchant account is mandatory. A merchant account is like any other bank account with a slight difference; it enables merchant/business to accept payment through various means like credit and debit cards. If the merchant has an online merchant account, so this will eliminate the need for a credit card processing machine or terminals to accept payments. Parties involved in merchant account set up process are: The Retailer Merchant Bank Payment Processor T...