How to Keep your Processing Safe & Secure?

Keeping Payment card transactions secure is a common responsibility of all. Merchants, credit card processors, card-issuing banks and the real card brands all have an important role to play.

Visa gives the following suggestions to you can to make your processing safe and secure:

•Make the change to EMV terminals.

EMV technology encrypts every transaction so the information can't be stolen and copied on fake cards, successfully withdrawing fraud. EMV terminals authenticate your card utilizing the dynamic data contained in the embedded microchip. The cardholder approves that they are the owner of the card while the card is still in the EMV terminal, finishing the double verification process.

If you haven't effectively done the change to EMV at your business, you're not doing all that you can to protect yourself and your clients from card fraud. Work with TSYS to distinguish which EMV terminals best suit your requirements and budget.

•Implement Point-to-Point Encryption (P2PE).

The p2pe technology eliminates account information and encrypts sensitive cardholder information until it achieves secure decoding. Like EMV, this procedure makes the information wasted to criminals.

•Outsource the handling of e-commerce cardholder information to a PCI DSS approved service provider.

Making this step reduces risk disclosure and expenses related to securing your environment. It can also essentially decrease PCI DSS applicability for merchants who don't store, process or transmit cardholder information. Visa's Global Registry of Service Providers gives a list of PCI DSS approved and enlisted service provider, including TSYS.

Radiant Payment Gateway Solutions consolidates various security solutions for help shield your business from fraud as well as from the crippling expenses of an information burst. Ensure your income, your clients, and your reputation by taking a proactive position to protect payment processing safe and secure.

Is your Small Business needs Card Processing services? Why?

Credit card payments have become need of the hour for many companies. Over past few years, small business credit card processing has achieved fame and acceptance. Still, many entrepreneurs are not open to the idea and are worried about the chargebacks. A small business owner should encourage the possible positive outcomes of such a system before writing it off.

Ease and convenience of payment:
According to the popular business principle the consumer is always right. David ogilvy quotes that the consumer is not a moron but your wife. In the opinion of most start up owners this may not always be right yet, the idea remains true.

Over the past few years,  plastic money transactions have increased. Even the members of the dependent population use plastic money to pay for their orders, and mostly the situation isn’t going to change. Small business owners may not accept the change but they might lose out on a large client that is an impulsive shopper or encourages PM’s idea of a digital nation.

Expand business to new platforms:
Investing into merchant credit card processing services is a smart decision for a startup owner, because in addition to driving better share at a store, accepting credit payments opens opportunities in e-commerce as well.

If a startup is trying to put forth an online portal, credit card processing is necessary. They would trust your business with their personal credit cards. E-commerce also opens up to international customers, which is great for business expansions.

How Payment Processing can Peak your Small Business?

The world of online is all about providing convenience and usefulness to its users. There are a variety of benefits of online payments, but the most important and crucial part is that it creates a sense of trust of online payments, among customers. The main reason is that this entire process is transparent and smooth and every party which involves in the transaction gets its part instantly and in a better visible manner.

Here are four advantages that one may get after implementing an online payment gateway:

1.    Instant payment- The first and the great advantage of online payment is that the payment is hassle-free and very fast.  Anyone can quickly make a payment sitting comfortably at his place, and the other person can even receive it instantly. The whole system provides instant notification of the transaction that makes the customer assured regarding what he had purchased.

2.    Quick and easy set-up- Setting up a debit or credit card based payment procedures is fast, easy and reliable in completing transactions just after implementing it. And apart from these, there are various service providers available that are offering plans which are affordable along with zero set up fee and low rates of the transaction.

3.    Credibility for Merchants- An online payment method is way more credible and secure than receiving various amount through cheques. A trader receives the whole money instantly without the risk of bounced cheques and other fees related to it.

4.    Affiliate Marketing- If any of you have an online system of payment in place, you can easily create an affiliate program where your members can earn referrals commissions by just sending interested ones to you. This will surely boost your sales and even find a branch network, working to increase your revenue.