Month: April 2012

VexxHost Partnership

One constant struggle that we’ve seen with our customers is the ability to perform credit card transactions on their website.  While there are plenty of credit card processing companies in the market, it always seems like you need a degree in finance in order to understand all the fees involved, not to mention the plethora of documentation to go through. …

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Protection from Fraud

How to Protect Your Business from Merchant Account Fraud In order to protect your business from high risk merchant account fraud, you will find yourself in the position of having to be as smart and as clever as the crooks themselves. In a way, this amounts to a technological dance, with fraud detection solutions evolving …

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Mobile Payments 2020

A payment processing related story setting the blogosphere on fire right now is this study by Pew from their PewInternet and American Life Project that suggests that mobile payments — and swiping your phone to pay for things when you shop — will be the standard by 2020. There’s been a wide variety of takes …

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A is for Acquirer

We’ve been working hard the past 7 months at The Official Merchant Services Blog to offer our readers a knowledge base — a place to come frequently to get clear and useful information about the payment processing industry. But we’re always looking to take things a step further. We want to offer more information and …

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Data Breach Security

The Official Merchant Services Blog follows up its extensive coverage of the Global Payments Data Breach today. The news of this data breach hit on Friday March 30. At first there were reports that a mere 50,000 cards were compromised. Then the media upped the number to 10,000,000. Then Global Payments released its own statement to the media …

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Android Phone Now Takes Payments

Host Merchant Services finally gets to make this announcement official: All mobile payment solutions the company offers now feature both iPhone and Android compatibility. On February 28, 2012 Host Merchant Services teased through its Facebook Page that it would have big news regarding HMS and Mobile Payments in March. But technical difficulties with the full release of Payfox’s Android solution held the …

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Data Breach Solutions

Today The Official Merchant Services Blog has a quick follow up to its ongoing coverage of the Global Payments Data Breach. The past two entries in our blog have taken a sweeping look at the big picture of data breaches and PCI DSS and how effective those security standards are. PCI Compliance is a topic …

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PCI and the Data Breach

Today The Official Merchant Services Blog continues looking at the bigger picture of the impact from the Global Payments Data Breach — specifically looking at the affect it’s going to have on PCI DSS as well as a little foray into State Security Breach Notification Laws. You’ll remember yesterday we highlighted some of the criticisms found in …

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Data Breach Consequences

Today The Official Merchant Services Blog is going to delve into the bigger picture of the impact that the Global Payments Data Breach is going to have on the payment processing industry. Obviously this news is going to have a huge impact on Global Payments itself. The company faces a big penalty after Visa dropped …

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More on the Data Breach

Following up on our continuing and extensive coverage of the Global Payments Data Breach, The Official Merchant Services Blog has some new tidbits to report from the man who initially broke the story — Brian Krebs. Krebs felt he needed to respond to the Global Payments conference call delivered by company chairman and top executive …

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Global Payments Data Breach

The Official Merchant Services Blog tackles the big news in the payment processing industry today: The Global Payments Data breach. The news of this data breach hit on Friday and the weekend has seen some wild speculation tossed about. At first there were reports that a mere 50,000 cards were compromised. Then the media upped …

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