Current News

Roadmap to EMV

 

POS Operating System - for those still Running XP or earlier versions of Windows you are most at risk

  • In April of 2014, Microsoft Corporation stopped supporting your XP operating system. (making it is susceptible to malware) 

  • If you are using XP as the operating system you are in need of an upgrade as mandated by the Card issuers MC/Visa/Amex/Discover. 

  • Credit Card Brands and others within the processing industry warn that fines and penalties will be levied on sites compromised.

  • We wish to assist you right away with the upgrades needed.

  • We have specific plans and payment options available so you can act now


Hardware Needs

  • If on XP operating system Check Hardware’s compatibility with new OS as many machines 5 years
    or older require more memory or hard drive upgrades to even load the new OS. 

  • Replace non- compatible hardware

  • Depending upon business type Quick Service, Table Service or Retail the additional pieces of Hardware may vary

  • We suggest encrypted Card readers and Pin Pads that take your POS out of scope yet still protect the swiped card data

 


Is Your Restaurant PCI-DSS Compliant?

Starting July 1, 2010, new national regulations regarding storing of Credit Card numbers on computer based systems takes effect.
The following 12 high level Requirements which comprise the core of the PCI-DSS Standards are found on Visa’s Website:

  • Build and Maintain a Secure Network

  • Install and maintain a firewall configuration to protect data.

  • Do not use vendor-supplied defaults for system passwords and other security parameters.

  • Protect Cardholder Data

  • Protect Stored Data.

  • Encrypt transmission of cardholder data and sensitive information across public networks.

  • Maintain a Vulnerability Management Program

  • Use and regularly update anti-virus software.

  • Develop and maintain secure systems and applications.

  • Implement Strong Access Control Measures

  • Restrict access to data by business need-to-know.

  • Assign a unique ID to each person with computer access.

  • Restrict physical access to cardholder data.

  • Regularly Monitor and Test Networks

  • Track and monitor all access to network resources and cardholder data.

  • Regularly test security systems and processes.

  • Maintain an Information Security Policy

  • Maintain a policy that addresses information security.

 


EMV – What it means for your business and solutions to fit the way you do business

  • Why are EMV cards more secure than traditional cards?

    Unlike magnetic-stripe cards, every time an EMV card is used for payments, the chip card creates a unique transaction code that cannot be used again.

  • How do I use an EMV card to make a purchase?

    “Instead of going to the register and swiping your card, you are going to do what is called ‘card dipping’ instead, which means inserting your card into a terminal slot and waiting for it to process.”

  • Is card dipping the only option?

    Not necessarily. EMV cards can also support contact less card reading. Dual interface cards and the equipment needed to scan them are expensive. Right now, the first step is to successfully integrate EMV cards into the U.S. shopping scene. Dual interface will arrive later.

  • Will I still have to sign or enter a pin for my card transaction?

    “The card production demand today is really based on chip-and-signature cards”. “It will probably take two to three years to fully convert to chip- and-pin.”

  • If fraud occurs after EMV cards are issued, who will be liable for the costs?

    After an Oct. 1st, 2015 deadline created by major U.S. card issuers Mastercard, Visa, Discover and American Express, the liability for card-present-fraud will shift to whichever party is the least EMV-compliant in a fraudulent transaction

  • So by Oct. 1st, 2015 the transition to EMV technology will be complete?

    “Don’t expect a big bang in October of 2015, “says Doug Johnson, vice president of risk management for American Bankers Association. “In terms of rollout, we expect about 50% of banks and retailers to be completely transitioned over. It’s going to take a little time to adapt.”

  • If I want to use my chip-card at a retailer that doesn’t support EMV technology yet, will it work?

    Yes. The first round of EMV cards—many of which are already in consumers’ hands—will be equipped with both chip and magnetic-stripe functions so consumer spending is not disrupted and merchants can adjust.



Is EMV compliance right for you.

  • It is not mandated or required

  • There will be additional costs

  • Merchants do have a choice but there are some factors to consider:

Location and Demographic:
  • Are you located in an area were counterfeit or lost and stolen cards are often used in your business?

  • Do you accept a lot of international cards?

Chargeback Ratios:
  • How many charge backs occurred in your business within the last year? What were the reasons for those charge backs?

Cost vs Risk:
  • What is the COST to implement EMV standards in your business and does that cost make sense for your business’s RISK?

What Our Team has for your business.

  • Multiple Processing Platforms

  • Processing Platforms, which allow Gift Card and Credit/Debit transactions through the same encrypted card reader.

  • Net E pay which is middleware to encrypt the data received from POS Software and securely sends to the processor.

  • Hardware – Point of Sale Terminals that will work with latest Operating Systems and everything from encrypted card readers to customer facing terminals that allow Smart Card use.

  • In other words we have everything your business needs to securely process credit/ debit cards for you and your customers.

Black market pricing of stolen credit card numbers show importance of security

Once card information was obtained, the data was sold on the black market. European based-cards retailed for $50 apiece while American ones were priced at $10.Once card information was obtained, the data was sold on the black market. European based-cards retailed for $50 apiece while American ones were priced at $10.

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Retail security cameras a critical component to business safety

Security cameras are a crucial business tool and in some instances have become required.Security cameras are a crucial business tool and in some instances have become required.

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Merchants must start adapting new POS innovations or risk falling behind

With payment technology advances, merchants need to upgrade or risk falling behind.A recent study of 10,000 adults from 31 countries found that 22 percent of respondents have used a mobile device to make purchases.

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Biometrics becomes the hot new thing in the payment industry

With payment technology advances, merchants need to upgrade or risk falling behind.Biometrics is starting to find its way in the next generation of payment solutions.

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