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“What’s an Acquirer?” And Other Noteworthy SME Questions
Posted on July 15th, 2009 No commentsSmall business owners may be too ignorant to ever be PCI compliant. PCI Columnist David Taylor recently participated in a webinar, a live seminar and a survey all aimed at small business, and all part of separate efforts aimed at building awareness about the importance of PCI compliance to small to medium size enterprises (SMEs). In each case, the presenters were struggling, trying to figure out just how “basic” to be when explaining PCI compliance.Pretty darn basic, actually.
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“What’s an Acquirer?” And Other Noteworthy SME Questions -
Mercury Offers $40K Compensation For Its Breached Retailers
Posted on July 14th, 2009 No commentsFollowing word of a “if breached, we’ll cover some of your costs” program from Heartland, fellow payment processor Mercury Payment Systems has launched its own program, one featuring $40,000 of reimbursement from any of its retail customers that are breached. Mercury officials stress that it’s far from a reaction to Heartland, as Mercury started its program in late June and Heartland is only promising it for later this year.The Mercury program is limited to retailers who “have successfully completed their SAQ and quarterly scans and remedied any highlighted issues,” said Kim Mackay, Mercury’s VP of marketing. “This is as much as 15K towards a 3rd party forensic audit and as much as 25K toward fees and fines.
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Mercury Offers $40K Compensation For Its Breached Retailers
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