by PayProTec West Coast | Jan 27, 2021 | Credit Card Fraud, Mobile Payment Options
Sales had been down at the electronics store, so the salesperson was excited when a caller wanted to buy a high-end big screen TV. “This is great!” the salesperson thought. “This guy knows exactly what he wants. He isn’t even questioning our prices. All I have to do...
by PayProTec West Coast | Jan 19, 2021 | Credit Card Processing, Retail Sales
The numbers are in, and it turns out the holiday shopping season was not only better than expected, but also better than the one in 2019, weeks before the coronavirus pandemic struck in the United States. Retail sales in November and December totaled $789.4...
by PayProTec West Coast | Jan 12, 2021 | Credit Card Fraud
Fiserv Inc. and the former head of an independent sales organization will pay $40.2 million to settle charges brought by the Federal Trade Commission stemming from alleged illegal actions committed by the ISO from 2012 to 2014 while it obtained processing services...
by PayProTec West Coast | Jan 9, 2021 | Credit Card Fraud, Credit Card Processing
Verifone and Ingenico customers should install the latest patches for their POS terminals now Security vulnerabilities have been discovered in POS terminals from Verifone and Ingenico that could have allowed cybercriminals to steal credit card details, clone...
by PayProTec West Coast | Jan 7, 2021 | cash, chargebacks, Credit Card Processing, Processing Fees
At the start of 2020, contactless payments were constrained. In countries like the U.S. and India, they were either lacking adoption or actively opposed; and in other parts of the world, contactless payments were held to strict transaction limits before requiring...
