Take charge of pci compliance

April 4, 2012

April 4, 2012

You are in: Home » Blog » Take charge of pci compliance

Categories

Restaurants in Louisiana are suing makers of their point-of-sale systems after hackers stole tens of thousands of dollars by stealing credit card numbers. These restaurants maintain that companies who made and resold the systems should pay up on the fines put forth by payment processors after the hack. They have filed a class-action lawsuit alleging that […]

46 Seconds to Discover Thousands of Wasted Dollars in your Business.

82% of companies find $12,000 wasted annually. How much are you losing?

nexus-feefighters-quiz-saving-money

Restaurants in Louisiana are suing makers of their point-of-sale systems after hackers stole tens of thousands of dollars by stealing credit card numbers. These restaurants maintain that companies who made and resold the systems should pay up on the fines put forth by payment processors after the hack. They have filed a class-action lawsuit alleging that their point-of-sale systems were out of compliance with the PCI DSS (Payment Card Industry Data Security Standards). Read more about the details regarding the damage and claims here.   Many small businesses try to modernize their business by using the internet, however, this may serve to put them at risk for hackers and other cyber-criminals. The moral of the story is: make sure that you know whether you are up to date and PCI compliant. Standards for PCI compliance can be found here. Even if courts end up making the POS systems pay, these small Louisiana  businesses will have gone through the time and headache of the lawsuit. If you aren’t sure whether your system is compliant, check up on your processor and ask them the tough questions.   If processors aren’t up front and transparent, you may want to consider switching. We’re here to help:  Check out the FeeFighters.com auction for a simple and easy way to compare stringently screened processors and get the best deal on processing. Image: Bayou in Louisiana.

Reduce Credit Card Processing Fees

with FeeFighters

Leave a Reply 0 comments

Recent Posts

Chargebacks are debit or credit card charges that have been disputed by customers. Sometimes these come in the form of chargeback fraud, but other times they are legitimate. When a chargeback happens, you have to deal with the acquiring bank and other entities in order to dispute it. Regardless of the reason for any given […]

Stripe is one of the world’s most popular options for credit card processing, payment gateways, and merchant accounts for business owners. But how does Stripe make money on the services they provide? Fees One of Stripe’s primary sources of revenue comes through the fees they collect from merchants. We’ll discuss these first. Credit Card Processing […]

Stripe and PayPal are known as two of the most user-friendly and versatile merchant account and payment gateway providers available. When it comes to payment processing partners, they are two of the top choices for small business owners. However, one common question from merchants is whether or not Stripe can payout revenues to their PayPal […]

The transportation and moving industry has unique needs when it comes to merchant services like payment processors, merchant accounts, and POS systems. This article will talk a little bit about what your merchant services options are if you own a transportation company, along with some special considerations and potential roadblocks you might encounter. Let’s get […]

© 2019 – FeeFighters, LLC – Call Us – (646) 448-8804

PO BOX 1459, MOUNTAINSIDE, NJ 07092