A core philosophy at Smyth Retail is to provide as many open system solutions so our clients aren’t locked into proprietary hardware, software, supplies or services and can retain a competitive buying position. In this case, we are well supported by Datacap Systems, who has been our credit card processing partner since the 1980s. While […]
PCI Data Security Standards – Myths & Merchant Responsibilities
This article by Mercury Payment Systems provides a clear and concise summary of how retailers can slay the PCI monster. We strongly recommend using Mercury’s SecureAssist® or a similar service from your bankcard processor to help you get and stay compliant: the $100,000 in breach assistance alone is worth a small monthly fee. PCI […]
Don’t become a “Target” for Credit Card Thieves
Target has announced that 40 million credit cards have been breached this holiday season. For Target, it couldn’t have happened at a worse time and will have far reaching consequences of heavy penalties, a loss of consumer confidence and perhaps more importantly a loss of competitive advantage. It will be next year until we hear […]
Can you be without a Credit Card Reader for a month?
During the Holidays? The good news is that the new P2Pe Credit Card processing has the added security of encrypted transmission of credit card information. This is accomplished with an encryption key that is hard coded into the devices: the UIC PP795 and the encrypted IDTech Magnetic Stripe Reader (MSR). The bad news is that […]
What does PCI really mean?
One of the frustrations in dealing with the PCI – DSS compliance is the lack of clear definitions. Unfortunately, the ambiguities of the standard make it hard for a retailer to understand different card processing offerings and how it directly affects their security costs. This article tries to relate the industry standard to the various […]