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Visa Issues PCI Compliance Date for International Merchant

Friday, August 21, 2009   Topic: Payment Card Industry Data Security Standard   by System Admin
Acquirers globally have until July 1, 2010, to ensure all newly signed merchants use software applications that comply with the Payment Card Industry Payment Application Data Security Standard (PCI DSS), Visa Inc. announced recently.

Gucci Sues Merchant Account Providers

Monday, August 10, 2009   Topic: Merchant Account Providers   by System Admin
Gucci America sued several credit card companies for trademark infringement, alleging the merchant account providers facilitated the sales of counterfeit Gucci bags on the Internet.

Authorize.net Down

Wednesday, June 03, 2009   Topic: Electronic Payment Gateways   by System Admin

When an electronic payment gateway goes down, it affects many merchants and consumers. Merchants might not be able to complete the sale transactions. From what we have read, there was a fire at the data center and water destroyed some of the equipment.