As a business owner, you’re likely already aware of the PCI compliance rules governing payment data security. However, payment information isn’t the only thing worth protecting from fraud and abuse. In fact, there exists a host of data protection laws around the globe designed to safeguard sensitive personally identifiable information (PII). These privacy acts are becoming increasingly important given the speed and ease with which we send, receive, and store data in the digital world.
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Topics:
E-Commerce and Online Payments,
PCI Compliance and Fraud Prevention,
Small Business Tips,
Enterprise Business Tips,
Consumer Education
Reaching a larger target audience online and creating lifelong customers is a game changer for small business owners like freelancers, startup founders, and even established brick-and-mortar retailers. Online payment technology has led to fast and convenient checkouts so customers enjoy a great experience with you. However, there's just one problem -- and it's a big one: online identity fraud.
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Topics:
Due.com Partner Posts,
E-Commerce and Online Payments,
PCI Compliance and Fraud Prevention
Credit card processing can be complex. Even more so when you’re presented with an industry-related acronym that has you reaching for your smartphone or tablet to Google search the meaning. In short (no pun intended), an acronym is an abbreviation formed by the initial letters of multiple words, ex. ISV stands for Integrated Software Vendor.
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Topics:
Small Business Tips,
Getting Started with Payments,
Awareness
Set to go into effect in May, the General Data Protection Regulation (GDPR) is a new set of guidelines designed to safeguard how personal consumer information is captured, shared and stored by organizations throughout Europe. More specifically, the GDPR exists to: “(H)armonize data privacy laws across Europe, to protect and empower all EU citizens data privacy and to reshape the way organizations across the region approach data privacy.”
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Topics:
EMV,
PCI Compliance and Fraud Prevention
Last year, Apple introduced Apple Pay for the Web as a way to compete with online payment services like PayPal. This additional payment option is something you should consider for your small business website -- and it's not just because hundreds of thousands of major brands and recognizable retail websites are already supporting this new online payment method.
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Topics:
Due.com Partner Posts,
E-Commerce and Online Payments,
Payment Technology,
Small Business Tips,
Payment Trends
You may not be familiar with the term, interchange optimization, but you will want to understand what it means and how this can impact your business and your bottom line.
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Topics:
B2B,
Due.com Partner Posts,
Guest Blog Posts,
Payment Technology
Biometrics is a special type of technology that uses metrics (i.e. measurements) that are directly linked to human biology (i.e. physical characteristics). Because no two people have the exact same genetic makeup, it's possible to use biometrics for identity confirmation or surveillance.
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Topics:
PCI Compliance and Fraud Prevention
It's March, and that means tax season. If you have a merchant account so your business can accept credit and debit card payments, you should have received a 1099-K form from your payment processor by the end of February. What do you do with this form and what are your tax obligations for money you receive from the processor? Here’s a quick rundown.
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What is IRS Backup Withholding?
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International commerce is almost as old as civilization itself. For millennia, businesses have had to deal with exchange rates and delivery when selling goods and services across borders. For years, letters of credit were one of the most effective ways to send and receive payments abroad.
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Topics:
Payment Technology