BluePay Blog

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.

Topics: E-Commerce and Online Payments, PCI Compliance and Fraud Prevention, Small Business Tips, Enterprise Business Tips, Consumer Education

Welcome back to the next installment in our ongoing series on National Cybersecurity Awareness Month (recognized every October). In previous articles, we covered: Cybersecurity habits to incorporate in your life right away. Cybersecurity careers worth exploring today and tomorrow. In this post, we’ll discuss one of the biggest threats affecting mobile banking — Trojan malware that cybercriminals use to steal financial data.

Topics: Financial Institutions, Mobile Payments, PCI Compliance and Fraud Prevention, Awareness, Consumer Education

Recognized every October, National Cybersecurity Awareness Month is that time of year when businesses, citizens, and the government collectively work together to raise awareness of the many threats we face in today’s increasingly connected world. This year’s theme is —  Own IT. Secure IT. Protect IT. with a special focus on areas such as: Citizen privacy Consumer devices E-commerce security

Topics: PCI Compliance and Fraud Prevention, Consumer Education

In June, Facebook announced Libra, a cryptocurrency that allows Facebook users to make purchases or send money to other Facebook users without any fees attached to these transactions. You can use it online, at exchange points that include certain retailers, through a third-party wallet app, or as part of Facebook’s Calibra wallet. It is set to launch for public use during the first half of 2020.

Topics: Due.com Partner Posts, Mobile Payments, E-Commerce and Online Payments, Payment Technology, Payment Trends, Consumer Education

According to The  Nilson Report, payment cards generate more than $6.5 trillion in purchase volume annually in the U.S.  That’s a lot of money.  As a merchant, it obviously makes sense to add “plastic” to your list of accepted payment options. Doing so allows you to tap into this multitrillion-dollar pie.However, this volume includes many types of plastic, with credit cards generating the largest share at $3.7 trillion a year.

Topics: Small Business Tips, Getting Started with Payments, Awareness, Consumer Education

Credit reporting agencies (aka credit bureaus) are responsible for collecting consumer credit data that businesses then use when assessing a person’s ability to meet certain financial obligations: A bank, for example, might use a borrower’s credit score to determine what interest rates to charge. The lower the score, the greater the risk of not being paid back. As such, that lender would likely charge a higher interest rate.

Topics: Awareness, Consumer Education