Search for: "First Data Merchant Card Processor" Results 1 - 20 of 86
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9 May 2016, 8:00 pm by Craig A. Hoffman
Many merchants, however, are unaware of how that “choice” subjects them to significant potential liability in the event payment card data from cards swiped at the point-of-sale is stolen from their payment network. [read post]
18 Aug 2014, 8:00 am by Craig Hoffman and Charles Shih
For merchants, long gone are the days of using a card reader with a dial-up connection to their payment processor. [read post]
18 May 2015, 12:59 pm by Craig Hoffman
First, the EMV cards that are being issued still have a magnetic stripe so that they can be used at merchants that have not installed EMV-enabled terminals. [read post]
2 Dec 2011, 5:57 am
First Data has business operations in 35 countries and serves more than 6 million merchant locations, thousands of card issuers and millions of consumers worldwide. [read post]
24 Mar 2021, 8:16 am by Yaya J. Fanusie
That responsibility falls on the payment processor, whether it is a bank, a credit card company or a firm like BitPay. [read post]
20 Jan 2009, 12:40 pm
The company says a thief could, however, clone stolen debit card data to a fake card and swipe the card as a credit card, though this puts the thief at risk of being caught on surveillance cameras. [read post]
7 Apr 2010, 5:48 pm by Simon Lester
And merchant processors such as First Data and Global Payments, which have joint ventures in China with British banks Standard Chartered and HSBC respectively, can't compete with CUP and Chinese banks providing domestic card acceptance to merchants. ... [read post]
6 Dec 2013, 5:38 am by Rebecca Tushnet
Instead, First Data is a payment processor: it processes transactions for merchants and independent sales organizations. [read post]
6 Jan 2015, 9:47 am by Rebecca Tushnet
  First Data operates as an acquirer and payment processor. [read post]
4 Mar 2014, 3:06 am by Andrew Trask
First Data Merchant Services Corp., No. 11-CV-4743, 2014 U.S. [read post]
26 Sep 2017, 8:31 am by Jordan M. Rand
  Spec’s processed its credit transactions through a third party, First Data Merchant Services. [read post]
26 Sep 2017, 8:31 am by Jordan M. Rand
  Spec’s processed its credit transactions through a third party, First Data Merchant Services. [read post]
Just as noteworthy, the settlement agreed to by First Data may propel new industry standards for processors to formally oversee the merchant onboarding activities of ISOs given responsibility for underwriting merchant accounts. [read post]
20 Aug 2015, 8:33 am by Craig A. Hoffman
Second, pre-shift, there is no source of data accessible to a merchant to determine the dollar amount of fraudulent transactions that occur at the merchant using a counterfeit card. [read post]
1 Jun 2009, 9:00 pm
CISP was developed by Visa, which required card processors and merchants that handled Visa transactions to certify through an auditor that they met a list of standards that included such things as installing firewalls and encrypting data. [read post]