Paypal has long withstood scores of competitors, trying their hand at dethroning the king of online payments. It seems like every time a new payment service pops up, someone, myself included, once again brings up the end of Paypal question. Just a few months ago, MasterCard announced they would open up their API’s to developers. [...]
I have been so busy the past few weeks that I didn’t notice that the merchant account blog’s 5 year anniversary just passed, July 27th. With several hundred posts related to merchant accounts it’s often difficult to find positive and informative topics to write about. However, with major changes in regulation, mobile, contact-less and alternative [...]
We’ve compiled a time-line history of credit card terminals in the US. So far we’ve added most terminals from major manufacturers over the past 30 years, and more will be added as we figure out when they were released. It’s quite difficult to get information on the release of many terminals as most manufacturers don’t [...]
PCI-DSS has been around for several years now, and ignorance is less tolerated when it comes to data security. In case you are just learning about PCI, here’s the 1 minute breakdown on PCI compliance. PCI is a security framework created to help prevent/curb the loss of credit card data. It covers some of the [...]
In the US, there are 2 credit card equipment manufacturers that basically own the entire terminal market, Verifone and Hypercom. Lipman USA is another major player however, Verifone purchased Lipman several years ago effectively creating 2 major brands. Another major company Ingenico, has a larger global presence, but their usage in the US in minimal [...]
