What's a PCI QSA

What Does a PCI Certified QSA Do?

What exactly is a PCI certified QSA? Should I hire one for my business? Perhaps these are questions you have asked yourself. Knowing what exactly they do and if they are necessary can be a complicated affair. However, if you are interested in learning more about PCI certified QSAs, you have come to the right place. We hope this will be a helpful and informative resource for you and will give you the information necessary to determine for yourself whether or not a PCI certified QSA is right for you. What is a PCI Certified QSA? A PCI certified QSA (qualified security assessor) is an individual who handles compliance auditing and consulting in the payment card industry. A PCI certified QSA assesses a business that deals with credit card data to ensure that they meet the necessary requirements of the PCI Standard. These security assessors must meet specific requirements in…

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Secure EMV Chip Cards

Protecting Your Business and Cardholders With EMV

Business owners around the world rushed to update their payment terminals to accept cards with EMV before the 2015 deadline. If you own a restaurant or retail store you’re probably familiar with the term EMV. However, many people don’t understand how the technology works. Are you curious about how it can help your business? Here is some basic information about EMV cards and how it can help protect your business. What is EMV? EMV is a new payment standard for merchants around the world. The term EMV refers to Europay, MasterCard, and Visa, the payment processing companies that developed the system. They created the technology to create a safer shopping experience for consumers and merchants. Cards with EMV or “chip cards” have an embedded electronic chip on the front that allows customers to process transactions securely. How Does EMV Work? First, customers have to insert their EMV card into the store’s payment…

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Key Entered vs EMV

Why You Should Never Key in Transactions

We have all been in those situations where we are ringing up a transaction and the card reader, for whatever reason, will not process the customer’s card. This can be a real annoyance and so we are relieved when at this time, we remember that we can simply key in the card and complete the transaction. Seems innocent enough, right? The truth is, this is actually costing you more than you probably realize. If you are a business owner who deals with processing credit card payments at a checkout, you need to be aware of the dangers of doing this and know why you should never key in a transaction. How Credit Card Fees Work When it comes to the subject of keying in credit card transactions, we first need to get some background and take a look at how credit card fees work. From the perspective of the payment…

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What you Need to Know about EMV

Inside The EMV Chip

Every one of us that has a credit card has heard about the rollout of EMV chip and pin cards. However, we’re all left scratching our heads about why this is such an important issue for merchants and consumers. Let’s clarify why this technology is important for everyone and how it can improve the future of payments. EMV in The Checkout Line Most of us have had the experience of waiting in line at the grocery store for the payment terminal to beep at us angrily to remove our card. When you insert your card into the terminal, the chip connects to the reader in the terminal. Every card that is handed out by the banks has a unique identifier that is used to validate the purchase. Every time the card is used a new transaction key is generated from the identifier. This ensures the card cannot be duplicated. If an attacker were…

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When Should You Upgrade

When Should You Upgrade?

Many merchants, for years have refused to upgrade the outdated credit card terminals they use to process everyday transactions. It may seem costly to upgrade your terminals, but refusing to do so could cost you more in the long term. Your processing equipment is the front end of your business, meaning much of your profit comes in through all the transactions your terminal processes in any given day. Here are some signs your terminal is due for an upgrade: Your hardware is old If you’re running extremely old hardware from the 2000’s or earlier, it’s obviously time to upgrade. Although your hardware may still work, it’s likely the software running it is a bit dated. This can cause security issues which will cost you. In the event of a security issue, you, the merchant, will be held responsible for any fraud that does occur. Upgrading and starting fresh with a…

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