Awepay

Payment security and mobility are hot topics when it comes to operating a business today as data security breaches continue to make headlines. PCI compliance requirements are constantly evolving. EMV chip card processing is making its way to the U.S. And everyone is talking about Apple Pay® and how to make payments and payment acceptance mobile. It’s clear to anyone paying attention that the industry is undergoing some major changes when it comes to making payments and ensuring customer data is secure. The trend is clear. Consumers want more convenience to shop and pay in the way that best suits them, and they expect their sensitive cardholder data to remain secure. The great thing about a lot of the new payment technologies currently being developed and unveiled, is they accomplish both. Now, with less investment and effort than ever before, merchants can deliver secure, convenient, mobile payments. Let’s take a look at some of the opportunities at your disposal to del...

Beware, cyber attacks! Warning, security breaches! And, oh, the sky is falling, too! No doubt, you’ve heard the rhetoric. But, as Chicken Little in the well-known fable learned, if everything is a screaming alarm, people start to tune out. So, let’s talk calmly about payment security for small businesses in this ever-evolving world of commerce, in a world where technology, credit card transactions and compliance keep changing. It’s an essential topic. First, here are some small business cyber security statistics that may shed a bit of light on the subject. According to the Cybersecurity Business Report, a survey of small businesses revealed that 55% of all respondents said their company had experienced a cyber attack or data breach in 2016. In addition, 43% of all cyber attacks targeted small business. Surprisingly, 32% of the small businesses didn’t know the root causes of the cyber attack or breach, and 51% were not planning to do anything to mitigate their risks. ...