Security Flaw in EMV Credit Card Chip Revealed.

by TScholl | Aug 18, 2016 | Credit Card Safety, Credit Cards, Electronic Payments, EMV, hot news

  Security Flaw in Credit Card Chip Revealed.   The nationwide switch to EMV chip cards has been making news for quite some time. But is this EMV contactless payment card system flawless? Well, computer security researchers from NCR have come up with...

How Safe is Online Bill Payment?

by TScholl | Aug 5, 2016 | Billing, Checks, Credit Card Safety, Electronic Payments

  How Safe is Online Bill Payment?   Online shoppers always look for convenience for shopping and payment options. However, security is on top of their mind when they shop online. Of course, who would want to be a victim of online fraud? Now, with advanced...

Understanding EMV Chip Card Technology.

by TScholl | Jul 1, 2016 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, EMV

  Understanding EMV Chip Card Technology.   Information security is critical to running a business successfully. Keeping customer information safe and secure is crucial for the reputation of a business. Let’s understand how Europay MasterCard and Visa (EMV)...

Are Credit Cards More Convenient than Apple Pay?

by TScholl | Apr 22, 2016 | Credit Card Fraud, Credit Card Processing, Credit Card Safety

  Are Credit Cards More Convenient than Apple Pay?   Electronic payment facilities are here to stay and very convenient but are prone to fraud. So where do the new Google and Apple Payment Apps stand? The mission of these new apps is to make transacting money quicker...

Would EMV Chip Based Cards be More Secure with PIN?

by TScholl | Mar 18, 2016 | Credit Card Processing, Credit Card Safety, Electronic Payments

  Would EMV Chip Based Cards be More Secure with PIN? According to the National Retail Federation (NRF), EMV (Europay MasterCard Visa) or the new chip-and-signature credit cards aren’t as effective without consumers using a personal identification number (PIN)....

Visa Consumer Transaction Controls are Self Service Card Security.

by TScholl | Feb 18, 2016 | Credit Card Safety, Credit Cards, Electronic Payments, Industry Changes

  Visa Rolls Out Self Service Card Security – Visa Consumer Transaction Controls. In an effort to bolster card security, Visa has introduced a new service called Visa Consumer Transaction Controls. The main aim of this new service is to enable cardholders...