Tag: PCI compliance
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Plaid Class-Action Lawsuit Reveals Open Banking’s Biggest Problem – Here’s How to Protect Your Customer’s Data
Privacy concerns are trending since before the pandemic–swirling around the topic of open banking. If you’re not sure what open banking is, it’s the concept of allowing third-party companies to use consumer financial data for additional services and features. There are two main companies that provide open-banking platforms: Plaid and Trustly. Now, it might sound like…
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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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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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PCI Compliance: Don’t Risk Your Business Ignoring This Important Protocol
Not adhering to PCI compliance security guidelines is putting your company at increased risk of a credit card data breach. This is a critical topic that all online businesses — especially high-risk merchants with large enterprises — need to follow. So, what are you doing about it? PCI compliance remains a major issue due to…
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