By now you have likely heard about the October 1, 2015 EMV Liability Shift. Simply put, the Liability Shift means that the liability for fraudulent cards falls on the party who is the least EMV compliant. For example, if you process a chip credit card using a swipe-only terminal, you may be liable for the fraud. If the card holder does not have a chip card, the merchant would not be responsible as the liability would fall on the card issuer. You can learn about different scenarios here: Liability Shift.
The Ingenico Telium series of smart terminals come standard with advanced security features to support merchants’ EMV and payment security initiatives.
IRVINE, California, September 16, 2015 — TrustCommerce®, the leading provider of Secure Payment Solutions, is pleased to announce that we have selected POS smart terminal maker Ingenico Group as an equipment provider to support EMV® for our merchants.
In today’s Tip Tuesday, part two of our TC Citadel series, we will go over setting up recurring payments. Recurring payments are a great benefit to many organizations that provide a subscription service such as: Web Hosting, Magazines, Non-Profit Payment Solutions, and so forth. TC Citadel’s recurring payments make it easy for an organization to set up a subscription type payment that will automatically deduct the funds from a customer’s credit card or checking account. This can be done within the TC Vault® or via our API, TC Link®. Here, you’ll learn how to configure a recurring payment within the TC Vault.
EMV chip card technology is rolling out in the U.S. with the October fraud liability shift rapidly approaching. There are many misconceptions about EMV as information surrounding the technology swirls. As you work towards supporting EMV, it is helpful to understand what EMV is and what it is not.
Does your business have regular, returning customers? TC Citadel® is a secure way to store credit cards for repeat customers to make purchasing fast and easy. This tip will show you how to store a credit card. Storing a card is great for e-commerce, utility payments, bill presentment, healthcare organizations, and many others.
In alignment with the industry shift to EMV chip cards, TrustCommerce® is certified with First Data for EMV® on all four card brands and is one of the first to certify for EMV debit transactions.
IRVINE, California, August 27, 2015 — TrustCommerce®, the leading provider of secure payment solutions, is pleased to announce that we have completed EMV certification to the First Data Rapid Connect platform on all four card brands. In addition, we are one of the first to certify for EMV debit transactions.
Through this referral partnership, TrustCommerce and Ungerboeck bring together their solutions for mutual client benefit.
IRVINE, California, August 5, 2015 — TrustCommerce, a leading provider of Secure Payment Solutions, is pleased to announce a strategic partnership with Ungerboeck, a world leader in end-to-end venue and event management software for conventions, exhibitions, conferences, associations, universities, stadia, arenas and theaters.
Through this partnership, TrustCommerce and Ungerboeck bring together their solutions for mutual client benefit, delivering comprehensive event software that leverages robust payment acceptance security.
Human error was the leading cause of data security incidents according to the BakerHostetler Data Security Incident Response Report[i]. Often innocent mistakes and the lack of awareness can lead to exposure of sensitive data; introduce entry points for malware; result in theft, and more. It seems as if each month we hear of yet another company being breached.
The ability to collect and report on data that is meaningful to your organization can help your business operate more efficiently. However, when it comes to payment data, some businesses find it hard to centralize this data so employees with proper access credentials can utilize it. Luckily, TrustCommerce offers Custom Fields. You may use Custom Fields via the TC Vault for mail order/telephone order and card present transactions or via your TC Link API integration.
Did you know that within the TrustCommerce Vault you can create a simple report to find payments submitted within a defined period of time? Or, pull a report for daily declines? Or, view a quick monthly summary of transactions by card type? It’s easy with TC Reporting.
The TC Vault Report generator has been enhanced over the years with our Merchants’ input to continually provide the most comprehensive, easy-to-use reporting tool available. In this quick tip column, I’ll show you how to use the Standard Reporting tool.