Installing new terminals and PIN Pads is a substantial cost for any retailer and it’s not just the cost of the payment machines themselves: there’s also the time taken to reach a purchase decision, cost of installation, store downtime and staff training. Added to this is the need to meet current legislative requirements: your new EPOS system needs to meet PCI DSS regulations. And last but not least, you want your customers to have a payment experience which is as pleasant and ‘frictionless’ as possible.
The new v3.0 PCI Data Security Standard is becoming a reality for merchants, with Merchant Services Providers sending letters detailing monthly fines to be imposed for non-compliance.
If a security breach occurs and a subsequent investigation shows that the merchant is not compliant (either by not completing the self-assessment questionnaire or by not following the requirements within the questionnaire on an ongoing basis), heavy fines will be levied.
The FlexiGrip is already one of our most popular products in Central and Eastern Europe, Central America, North America and Russia, and offers the ultimate flexibility to customers who deploy a mixed estate of devices. Simple in design, it provides a complete solution for PED mounting and securing of cabling when combined with one of FlexiPoles.
On the 5th of March 2014 Troy Leach, Chief Technology Officer of the Payment Card Industry Security Standards Council, made a statement to the Committee on Financial Services at the US House of Representatives entitled: 'Data Security: Examining Efforts to Protect Americans' Financial Information'.
Gregg Steinhafel, CEO at Target with 35 years at the company under his belt, resigned today, effective immediately. The board stated: "Today we are announcing that, after extensive discussions, the board and Gregg Steinhafel have decided that now is the right time for new leadership at Target".