Acquirers: Are Your Smallest Merchants the Biggest Risk?

January 19, 2018 • Published Categories Acquirer ProgramsTags , ,
Acquirers: Are Your Smallest Merchants the Biggest Risk?

High-risk payment acceptance is everywhere. A recent payment experience at my local dry cleaners caused me some alarm, so much so that I described it in detail on LinkedIn: Without any real forethought I pulled out my debit card. Maybe it was the knowledge that … Read more

The Three Essential Elements of Authentic PCI Compliance

March 27, 2017 • Published Categories Acquirer ProgramsTags , , ,
Authentic PCI compliance goes beyond simply checking the boxes of your SAQ

How many of your merchants are just checking the boxes? Checkbox compliance is nothing new in the payments industry. In fact, Google “checkbox compliance” and you quickly see that thousands of posts have been written about it. These posts describe the exercise of racing to … Read more

For Acquirers, the Visa QIR Deadline Has Come and Gone.

March 3, 2017 • Published Categories Acquirer ProgramsTags , , ,
Did you miss the Visa QIR deadline?

If you missed the QIR deadline, you need to act fast. At last month’s Northeast Acquirers Association (NEAA) Conference, I joined the Legislative Panel to speak on the subject of the Visa Qualified Integrators & Resellers (QIR) program. My talking points were timely, given the … Read more

Small-Business Cybersecurity: Acquirers Make a Difference!

July 7, 2016 • Published Categories Acquirer ProgramsTags , , , , ,

New Small-Business Cybersecurity Tools for Acquirers Today the PCI Security Standards Council (SSC) announced a significant advancement in its efforts to foster small-business cybersecurity: A set of payment protection resources that acquirers can use to educate and empower the small merchants they serve to fight … Read more

Transaction Laundering: The Next Threat to the Payments Industry

June 10, 2015 • Published Categories Acquirer ProgramsTags , , , , , , , ,

Cross posted by D. E. Wilson, Jr., Venable LLP Transaction Laundering (TL), sometimes referred to as “undisclosed aggregation,” or “factoring,” is a growing threat to the payments industry. Money laundering by another name, it is the dark side of payment facilitation, an established, legitimate aggregation model … Read more