Term: payment processing
Mar 18
Payment processing in Canada: PCI DSS, part 2
PCI DSS and your business In our previous post, we discussed the 12 requirements of PCI DSS. Today, we’ll talk about how these requirements will affect your business. How does PCI DSS affect your business?…
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Mar 16
Payment processing in Canada: PCI DSS, part 1
PCI DSS and credit card payment processing The Payment Card Industry Data Security Standard (PCI DSS) is the major regulatory change that you are likely to face this year. We recently provided an overview of…
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Mar 11
Payment processing in Canada: Consumer driven changes
The payment processing industry is facing considerable changes as it heads into 2010. We’ve already discussed regulatory driven changes such as PCI DSS, and chip and PIN technology. This article will focus on the consumer…
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Mar 2
Payment processing in Canada: Regulatory changes
The payment processing industry is facing many exciting changes in 2010. These changes are: Regulatory driven, by PCI DSS, and chip and PIN technology Consumer driven, by mobile technology and the entry of Visa Debit.…
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Feb 25
How does payment processing work?
On average, it takes three seconds to process a credit card payment. In this time, several organizations must relay data and funds to each other to authorize and settle a transaction. There are six parties…
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