Security Metrics released their third study on unencrypted card data; the results were astonishing as 63% of businesses do not encrypt credit cards. This means that businesses are storing the 16-digit Primary Account Number (PAN) in the clear. 7% of businesses are storing the magnetic stripe data found on the back of the card. Not only is storing unencrypted card information reckless—putting organizations and their customers at risk—it violates Payment Card Industry Data Security Standards (PCI DSS).
Like a large vitamin sliding sideways down your throat, some things are uncomfortable. Our goal at TrustCommerce is to make sure payment processing isn’t one of them. That’s why we’ve developed and continue to expand our Client Resources.
We look forward to seeing partners, clients, and meeting new faces at these events. Summer 2014 GE Health Care Western Region Users Group Conference August 14-15, 2014 – San Diego ETA Strategic Leadership Forum October 7-9, 2014 – The Breakers, Palm Beach National Parking Association October 20-23, 2014 – Las Vegas Medical Group Management…
If you are new to Payment Card Industry Data Security Standard (PCI DSS) compliance, the topic can be somewhat confusing. Learning the terms, navigating requirements, and understanding what is in scope is no easy feat. If your organization accepts, transmits, or stores any card holder data, it is important to know the basics.
To help you on your way, one of our partners, FoxyCart, has put together a primer on PCI DSS Compliance. In easy-to-understand terms, the ebook covers:
- What is PCI compliance?
- How can you minimize your burden?
- What common myths need to be debunked?
We look forward to seeing you at these events. To schedule a meeting, call 800.915.1680 x 2 or Contact Us Parking Industry Exhibition March 16-19, 2014 Chicago, IL Southeast Acquirers Association Conference March 24-26, 2014 Atlanta, GA ETA – Transact 14 April 8-10, 2014 Las Vegas, NV GE National User Group May 4-7, 2014 Denver,…
TrustCommerce is out and about this winter! Don’t miss an opportunity to meet with us in-person. NRF – Retail’s BIG Show 2014 January 12-15, 2014 New York City Healthcare Payments Innovations January 27-28, 2014 Tempe, AZ GE Western Region User’s Group February 13-14, 2014 Green Valley Ranch, Henderson, NV Parking Industry Exhibition…
Learn about the new features and functionality in the latest version of PayWithIt
The latest and greatest version of PayWithIt® is now available. PayWithIt is TrustCommerce’s secure mobile payment acceptance solution available through the Apple app store and is compatible with all iOS devices. PayWithIt enables merchants to securely capture payments via encrypted card swipe or manual entry. It is ideal for merchants who would like to accept credit cards, signature debit, and ACH on the go and is in use today in a variety of environments, such as non-profit, healthcare, parking, retail, education, and others.
I recently sat down with PayWithIt Product Manager, Arian Maybod to learn about what sets this new version apart. Arian has managed PayWithIt since inception and is supporting and managing the current release.
TC: PayWithIt recently celebrated its birthday. Can you share with us what sparked PayWithIt?
AM: Mobile payment acceptance is really growing. The latest research estimates $1 trillion in global transactions by 2015 . Forrester Research projects approximately $90B in mobile transactions by 2017 .
When we launched PayWithIt, we wanted to give our merchants the opportunity to be at the forefront of this growing trend, leveraging the advantages that mobile payments bring to the payment mix—convenience, speed, cost-savings—with the security for which TrustCommerce is known.
Every day, merchants work to control costs while delivering high-quality products, services, and support. Level II and III transaction processing is one way merchants can save, while creating a value-add for prospects and customers.
When something new is available, are you the first to try it? Or, do you like to stay in your comfort zone? If you have been approaching your reporting tasks routinely, following the same processes, you might want to take a look at the Dynamic Reporting feature included with your TC Vault account. Although Dynamic Reporting is robust and features many customizable options, it is easy to learn how to use. Building a custom report is fast, easy and most importantly it can make your reporting activities more efficient.
TrustCommerce is out and about this fall! Don’t miss an opportunity to meet with us in-person. Utility Payment Conference Visit us at Booth #204! September 30-October 2, 2013 Houston Harris User Group October 1-2, 2013 South Carolina GE Western Region User Group (WRUG) Fall Conference October 10-11, 2013 Newport Beach, CA …