Security Archives - Page 3 of 11 - Payment Processing News
Smart Device for Lodging Transactions
February 13th, 2017 by Elma Jane

Smart Device for Lodging Transactions 

Function meets form with this latest payment terminal.

Accepts All Payments – Magstripe, Chip (EMV) Cards, Mobile Payments like Apple Pay (NFC) and Manual Keyed.

An All-In-One Smart terminal – simplified, single card slot for Magnetic Stripe and EMV. Customer display for PIN, signature, tipping, receipts and more. Interactive 7″ touchscreen. Connects to Wifi or Ethernet. With built-in printer.

Security – PCI certified, End-to-End Encryption. Data is protected by the latest technology.  

Supports Lodging Transactions – Check-In/Check-Out, Quick Stay, Incremental Authorization/Update. Sale, refunds, and voids.

Reporting (HQ) – a simple dashboard where you can monitor your sales, refund transactions, get business insights and alerts, and view settlements and transaction in real time. Accessible on the internet or from the HQ App on your Smartphone.

Robust Payment processing – access your funds within 24-48 hours, 24/7 customer service, convenient reporting, PCI program & data breach coverage.

For Electronic Payments call now 888-996-2273 or go to www.nationaltransaction.com and click get started.

 

 

 

Posted in Best Practices for Merchants, Credit Card Reader Terminal, Electronic Payments, EMV EuroPay MasterCard Visa, Near Field Communication, Payment Card Industry PCI Security Tagged with: , , , , , , ,

Electronic Giving Is it Right for your Church?
February 9th, 2017 by Elma Jane

Electronic Giving Is it  Right for your Church?  

The congregation is ready for Electronic Giving, implement Electronic Giving in your Chruch with NTC.

According to Federal Reserve Bank, people are writing fewer checks and using electronic payments more.

Reasons Church should offer Electronic Giving:

Donors can make additional contributions.

Electronic Giving encourage and promote Financial Health.

Infrequent givers become regular givers with Recurring Payments.

People who can’t attend service or forgot to bring checkbook can still give.

NTC Electronic Giving Offers:

Mobile offsite activities fundraising-NTC E-Pay email invoicing-Security data Breach Protection

Automatic, recurring donations:      Reoccurring Donations:    Secure Payment Form For:

Online Electronic Giving                  Auto updater                     Website

Use credit or debit card                  Web Form                         Social Media

 

 

 

 

 

 

For Electronic Giving call now 888-996-2273 or visit www.nationaltransaction.com and click get started.

 

 

Posted in Best Practices for Merchants Tagged with: , , , , , , , , ,

U.S. Based Payment Processing Account
January 30th, 2017 by Elma Jane

U.S. Based Payment Processing Account?

How do you get a U.S.-based payment processing account when you are based outside of the country?

Here are several steps you need to take before applying a U.S. payment processing account:

The first thing you need to do is get incorporated.  

Get an office – typically comes as a part of the package offered by the company that is doing your incorporation. Opt for real physical presence, rather than just a mailing address.

Get a U.S. representative – that representative is not only a name to use in the incorporation paperwork and in your office rental agreement. The U.S. representative person will be acting on behalf of your company in the U.S. This person will need to have a U.S. social security number (SSN) and will be the one who signs your credit card processing agreement.

If you are unable or unwilling to find one, you will not be able to get approved for a domestic payment processing account and will have to settle for an offshore one.

Lastly get a business checking account. 

Only U.S.- based businesses are eligible for U.S. payment processing accounts, talk to a Payment Specialist 888-996-2273.

 

Posted in Best Practices for Merchants Tagged with: , , ,

ONLINE FRAUD
January 6th, 2017 by Elma Jane

Online fraud is not going away; hackers are becoming more sophisticated. While technology offer more avenues for consumers to pay, they also offer new ways for hackers to steal data.

There are several factors that increases the growth of online fraud:

EMV migrationbecause of EMV migration, fraud in face to face transactions becomes more difficult and moves to card-not-present transaction. This has been observed after EMV is implemented in other country.

Banking activity: it is moving online not only via online-only banks, but also mobile and online bank services.

An increase of online marketplaces: financial services pros are more proficient in identifying fraud compare to individual consumers who become sellers that can be victims of online fraud.

How can e-commerce and financial services companies reduce online fraud?

Merchants: Ensure that you have payment security. Fraudsters use sophisticated technologies, ask your payment provider for encryption and tokenization. You can also use BIN LookUp as an added security and number of benefits. Bin LookUp allows merchant or institution to check more about the transaction.

Online marketplacesMarketplaces can protect their reputation by validating new sellers using sophisticated device and applying advanced models and machine learning to detect unusual patterns of activity that indicate misuse.

Banks: Fraudsters continue to innovate. Bank technology needs to be flexible and stay one step ahead.     

For account set up or terminal upgrade call now 888-996-2273 or visit www.nationaltransaction.com

 

Posted in Best Practices for Merchants, e-commerce & m-commerce, EMV EuroPay MasterCard Visa, Mobile Payments, Mobile Point of Sale Tagged with: , , , , , , , , , , , , , , ,

Smart Terminal
January 5th, 2017 by Elma Jane

Smart terminal for the lodging industry will be available beginning January 25, 2017.

Specifically configured for small and independent hotels to help manage their businesses and provide an exceptional guest experience, this solution will serve as a catalyst to drive significant sales opportunities and market share within the lodging.

For SMB/independent lodging establishments, benefits include:  

  • Available of an EMV terminal solution. A first for the lodging industry.
  • Dynamic all-in-one smart device that looks great and delivers an exceptional guest experience.
  • Modern, simple and intuitive interface
  • Powerful security equipped with Safe-T technology which includes EMV, encryption, tokenization and PCI
  • Robust, cloud-based reporting to help hotel owners manage their business better, and see transaction settlements in real time.

For your Electronic Payments need call now 888-996-2273

or visit www.nationaltransaction.com

 

 

Posted in Best Practices for Merchants Tagged with: , , , , , ,

Accept Payments Your Way
December 14th, 2016 by Elma Jane

Accept Payments YOUR Way!

Learn more about the full range of payment capabilities offered by Converge, an omni-commerce platform that lets you accept payments your way. Online, In-Store and On the Go!

Accept a full range of payment methods:              

  • Credit Cards
  • Debit Cards
  • Electronic Checks
  • Gift Cards
  • Electronic Benefit Transfer (EBT)
  • Cash

Advanced features also include:

  • Available enhanced security features, including EMV, encryption and tokenization
  • Detailed reporting with up to 12 months of data storage
  • Customizable payment screens
  • User permission management for up to 5,000 users

National Transaction Corporation accept payments wherever you are with security while having a peace of mind for you and your customers. Furthermore, flexible solutions that empower your business growth in addition to world class support for complex integrations and answers to your toughest questions. Let our payment specialist find the right solution for your electronic payment needs. We offer transparent pricing and services that work with your existing technology to provide a low cost automated billing and collection solution.

Call now at 888-996-2273 and get a FREE Rate Review! 

 

Posted in Best Practices for Merchants, Credit card Processing, e-commerce & m-commerce, Electronic Check Services, Electronic Payments, EMV EuroPay MasterCard Visa, Travel Agency Agents Tagged with: , , , , , , , , , ,

November 22nd, 2016 by Elma Jane

ELECTRONIC PAYMENT SERVICESBe with NTC and enjoy the full benefits of our Electronic Payment Services with high levels of service and security.

In addition, you can enjoy from e-commerce payment gateways to retail and restaurant solutions, business-to-business processing capabilities to electronic invoicing (NTC ePay).

NTC is offering a cost-effective credit card payment processing services that are very fast, secure and easy to integrate.

 

settlement-reportGet your Secure MerchantConnect Reporting Tool:

  • Review and reconcile all of your transactions settle or batch settle and also much more.
  • Create and save your custom reports that also can be imported or exported easily.
  • Use our solution to turn any computer, laptop, smartphone or tablet into a processing center.
  • Run & enjoy this on one or more devices to process credit card transactions with your merchant account.
  • Peripherals allow swiping transactions and printing out receipts.

Electronic Payment Services Our Merchant Cash Advance feature will help you very much to enjoy cash advance service. If your business accepts credit cards, getting cash for your business can be fast, simple and very easy.

Receive up to $150,000 per location in less than 10 business days—sometimes in as few as 72 hours.

National Transaction Merchant Cash Advance eliminates many hassles and delays common with bank loans.

Our Merchant Cash Advance builds on the strength of your business’ future credit and debit card sales, so a damaged personal credit history is not an immediate disqualifier.

 

Posted in Best Practices for Merchants Tagged with: , , , , , , , , , , , , , ,

Tokenization and Encryption
November 18th, 2016 by Elma Jane

Tokenization and Encryption are completely different technologies when it comes to securing ­sensitive data, such as credit cards.

Encryption tools and techniques is to mask original data, then allow it to be decrypted. It uses an algorithm to scramble credit card information that makes the data unreadable to anyone.

Encryption is most often “end-to-end.

Example:  When someone enters card data into a web browser to buy an item and decrypted when the purchaser’s authorized credit card information reaches its intended destination, which is the merchant’s e-commerce database.

Encrypted card data is unreadable while it’s “at rest” in a database or “in motion” during a purchase transaction; and inaccessible until a key decrypts it. The chances of a hacker stealing the data is minimal. But, if card data passes through multiple internal systems en route to an acquiring bank or payment gateway, the encrypt/decrypt/re-encrypt process could open a wide security hole, thus creating vulnerabilities to hackers.

Tokenization have found to be cheaper, easier to use and more secure than end-to-end encryption.

Tokenization completely removes credit card data from internal networks and replaces it with a generated, unique “token”. Tokens have no meaning and are worthless to criminals if a company’s system is breached.

Merchants use only the token to retrieve, access, or maintain their customers’ credit card information.

Example: Actual credit card number was 3234 4567 8789 78910, it might become FHIW145BVE65478 when a token is generated. The token is randomly generated and there is no algorithm to regain the original card number. hackers can’t reverse-engineer the actual credit card number, even if they were to grab the tokens off the servers.

Using tokens doesn’t change a merchant’s payment processing experience. Only they’re much safer for a merchant than actual credit cards.

Posted in Best Practices for Merchants, Credit Card Security Tagged with: , , , , , , , , , , ,

Payment Card Industry
November 17th, 2016 by Elma Jane

Payment Card Industry

What is PCI DSS (Payment Card Industry Data Security Standards)? A set of requirements, founded by Amex, Discover, JCB, MasterCard and Visa; to facilitate industry-wide adoption of consistent data security measures on a global basis. Best practices for enhancing payment account data security.

Why does my business need to be PCI Compliant? You help protect your business
by reducing the risk of a costly breach of your customers’ payment card data. Payment card brands (Amex, Discover, JCB, MasterCard and Visa) mandate that all businesses processing payment cards must be compliant.

Once my business validates PCI-DSS compliance, does that prevent a security breach from happening? No. It helps prevent security breaches and loss of cardholder data but do not provide a guarantee to your business. Also, similar to the regularly required updates to anti-virus and firewall software; data security is also continually subject to new threats.

What happens to my business if I am not PCI Compliant? If you do not comply with the security requirements contained within PCI-DSS as mandated by the payment card networks; you put your organization at risk of a payment card compromise.

In the event that your business is compromised, you may also be subject to additional fines, fees, and assessments by the card brands. You may also lose your credit card acceptance privileges.

What am I required to do to validate PCI compliance? The minimum requirement for PCI Level 4 business is to complete a PCI-DSS Self-Assessment Questionnaire (SAQ) on an annual basis and achieve a passing status.

Posted in Best Practices for Merchants, Payment Card Industry PCI Security Tagged with: , , , , , ,

November 15th, 2016 by Elma Jane

SMART TERMINAL

Smart Terminal

Another all-in-one mobile (IP countertop and Wi-Fi capable) terminal that gives customers the functionality they want and need.

Smart Terminal

Sleek modern device that delivers an incredible customer experience, and is a great option for retailers, coffee shops, and pop-up shops.

Smart Terminal

Includes two touch screens: a larger one for easy visibility of orders and other information, as well as a cardholder facing one that can be used for payments and tipping. It also offers a dashboard function, so your customers can monitor their transactions and other reports remotely. On top of that, it comes with the powerful security of Safe-T built in.

For your EMV/NFC terminal needs give us a call at 888-996-2273.

Posted in Best Practices for Merchants, Credit Card Reader Terminal Tagged with: , , , , , , ,