Category: Compliance & Regulation
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FAQ Fridays: We Failed Our PCI Compliance Scan
Q: Hello, my company recently failed our PCI compliance scan. Three months ago, my small business (an online dating product) launched. I got a merchant account for credit card processing. My merchant statement has a PCI non-compliance monthly fee. I’m being charged $30 a month for this. This wasn’t a big deal to me until…
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3 Steps To Bulletproof Supplement Merchants From Lawsuits & Payment Processor Holds
The supplement industry recently surpassed $120B. And with the global obesity rate soaring, it’s not slowing down anytime soon. While diet books and fitness programs still sell, supplements are the the new king. Customers love them. And thanks to the global pandemic shaking the nation, sales are at an all-time high. This is even more…
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Supplement Merchants, Here’s What You Should Know About Compliance
Supplement merchants face a big challenge in the e-commerce world. And it’s not going to go away anytime soon. COVID-19 has swept through the world. Among those disrupted are a large number of e-commerce sites and supply chains. Thus, one change in the business world is affecting high-risk industries that deal with supplements. Unfortunately, when…
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New Visa Rules: Why June 2020 Is Crucial For Certain Merchants
Merchants likely heard that new Visa Rules slated to go into effect in April are now postponed. COVID-19 continues to significantly affect the North America and European market. Because of this, the card network companies decided to delay the introduction of new fee structures due April 2020. As such, the new Visa Rules intended for…
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Website Compliance: The Secret To Getting Approved For Payments
Merchants, just how familiar are you with website compliance? From PCI compliance to privacy and shipping policies to terms and conditions to pricing disclosures. These are a few enforcements that come to mind when setting up an online business. A lack of knowledge about website compliance can cost you a lot of money. It can…
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