Click here to watch the video What is tokenization and how does it protect your e-commerce business and your card holders information as they enter it onto your website? Tokenization is a step up from encryption. Encryption scrambles the credit card data in an algorithm and attaches a key to that algorithm along with the transaction. But hackers have been able to get access to … Read More
Protect Your Ecommerce Business and Your Customers’ Credit Card Info with Tokenization!
In today’s world of credit card fraud and data breaches, a merchant who has an Ecommerce site has to be doubly careful. More credit card refunds and fraud take place from Ecommerce transactions on websites than on card-present transactions inside a brick and mortar location. That is why the processing rate is higher for Ecommerce transactions than swiped transactions, because the risk of fraud and … Read More
Wawa Data Breach Part of ‘Concerning’ Industry Trend
We, at Electronic Money Company, wanted to share this very important article written by Jaclyn Jaeger, Editor with ComplianceWeek.com. We have highlighted a paragraph regarding risk mitigation measures. Unlike many processors, Electronic Money Company protects your business with point-to-point encryption terminals and tokenization for Ecommerce and mobile merchants to prevent hackers from getting at your card holders’ data. We highly recommend PCI compliance, plus we … Read More