For any business that stores, processes, or creates digital data, they require a PCI-DSS compliance. Essentially, this is a system put in place to protect both businesses and their customers. PCI-DSS stands for the Payment Card Industry Security Standards, and has a checklist of requirements to enhance security for companies that process credit and debit card … [Read more...]
Recourse vs Non-Recourse Factoring
There are typically two types of programs offered by a factoring company: recourse and non-recourse. The primary difference is the party that is responsible for repayment of the invoice if the customer is unable to pay it within the pre-established number of days. Recourse If a company sells their invoices to a factoring company with recourse, they are responsible for the … [Read more...]
Ogone Ingenico Merchant Services
Ogone was based in Belgium and provided online payment services and risk management services. In 2013, the company merged with Ingenico and was renamed Ingenico Payment Services. Ogone connected with more than 200 banks internationally, and managed card-not-present transactions and helped clients prevent fraud. These products are all a part of the Ingenico payment gateway … [Read more...]
PDQ Machines: Chip & Pin Payment Terminals From £18
Does your business need to process payments in-person? You may need a PDQ card machine (also known as a chip and pin machine.) PDQ stands for “process data quickly,” and more and more businesses in the UK are starting to use them. Essentially, PDQ machines allow funds to be transferred quickly and electronically via a debit or credit card. They are more secure than cash, and … [Read more...]
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