The magnetic strip is one of the most vulnerable parts of a credit card. That is at least partially why chip technology has been introduced that makes the magnetic strip a thing of the past. Unfortunately they are still present […]
There will be a day when the POS readers that we know today will be a thing of the past. You may one day walk through the Smithsonian or even the some-day-to-be-established Museum of Credit Cards and see that POS […]
We are witnessing the future of payment processing in India. Just after the new year YES BANK in India announced that it was rolling out a card-less and PIN-less ATM service. An app would be installed on a smartphone and […]
Not all debit card transactions are equal. For anyone who has used a debit card there are times that a signature is required and there are times that a PIN is required. There is a reason for that. For anyone […]
Major news was announced last fall that could very well change the way credit cards are transactions are handled. For as long as the credit card or its early variants have been around a signature has been required to complete […]
Retro is in style, what is old is new and is cool again. Just like with fashion and cars the retro fad is coming back with credit card thieves as well. One of the most dangerous ways to steal a […]
Undoubtedly you have seen advertisements from institutions like Bank of America that put a picture of you on your credit card. It is touted as an extra layer of security and will make sure that an observant merchant will not […]
One would think that it could be easy to crack someone’s PIN. It’s only 4 digits, how hard can it be? If you are going to try, well good luck. Those four numbers give 10,000 different combinations for a PIN […]
As a merchant you are all for saving money. There is a very easy way that you can save some of that hard earned cash and we’re sure that most of you are doing it. But for those of you […]
Skimmers are the biggest threat that the credit card industry faces today. No one wants to have their card information stolen by simply using it at an ATM or gas pump but it is happening and certainly as a business […]