Startup helps merchants accept credit card payments via smartphone

A Vancouver-based start-up company is competing against some big players in the financial services industry by offering small businesses a way to accept credit card payments with a smartphone or tablet.Payfirma Corp. was

Published on: January 26th, 2012 Brian Jackson

Video Rewind: Data security a must for small merchants

With the Privacy Commissioner of Canada revealing it had conducted an audit into Richmond Hill, Ont.-based Staples Inc.'s inability to effectively wipe out hard drives, many small businesses might have data security on

Published on: June 23rd, 2011 ITBusiness Staff

Visa bringing digital wallet service to Canada this fall

Visa's plan to launch a digital wallet system in the U.S. and Canada this fall is by far the largest and most ambitious of any similar initiative announced by credit card processors, banks

Published on: May 13th, 2011 Matt Hamblen

Online services help you get paid right now

With many small businesses just trying to stay afloat following a deep economic recession, waiting around to get paid just shouldn't be an option, according to one financial software company.Intuit Canada, makers of

Published on: May 11th, 2011 Harmeet Singh

Spammers go after Visa secure numbers: Symantec

Spam might be getting easier to detect and avoid, but phishing schemes are becoming ever-more clever, according to the latest State of Spam and Phishing report from security company Symantec Corp.The major Rustock

Published on: March 24th, 2011 Harmeet Singh

Visa requires merchants to beef up wireless security

Beginning Sept. 30, Visa will require merchants and related businesses to conduct wireless security scans to prove compliance with version 1.2 of the PCI Data Security Standard (PCI DSS) which is designed to

Published on: September 28th, 2010 Ajay Kumar

Banks, payment processors on alert following Visa fraud tip off

Visa Inc. last week sent a fraud alert to banks and payment processors warning them to look out for a "large batch settlement fraud scheme" involving a merchant account in East Europe.That alert

Published on: May 13th, 2010 Jaikumar Vijayan

Security expert stunned at bank’s fraud prevention practices

Checking out of a Hilton hotel in London, security expert Roger Thompson was told his Visa card had been declined due to suspicions it was stolen, a situation that only got more disconcerting

Published on: December 16th, 2009 Ellen Messmer and Joaquim P. Menezes

Heartland warns competitors against “baseless” claims in wake of Visa action

Heartland Payment Systems Inc. is warning rivals of possible legal action if they don't stop trying to lure away its customers by hinting that continuing to do business with the breached payment processor

Published on: March 27th, 2009 Jaikumar Vijayan

Chip-card technology may be a mixed blessing for small Canadian merchants

As Canadian merchants begin to accept chip-based payment cards they can expect to see a reduction in fraud.But merchants who don't make the switch by October 2010, would also accept more liability for

Published on: March 20th, 2009 Brian Jackson

Small firms must comply with security standards or be held “liable” for breaches

Some small businesses have paid a big price for data breaches in Canada – Michael D'Sa would know, he's the senior manager of data security for Visa Canada and privy to some investigations

Published on: March 13th, 2009 Brian Jackson

How to secure your credit card transactions

Credit card companies issue to consumers, who shop on credit and pay bills later. The companies make their money two ways: one, by taking commission from merchants and two, by charging interest from

Published on: November 4th, 2008 Talha Ghafoor

Online payment options may “knockout” credit cards

Online payment methods such as PayPal have gained in popularity over the past three years and have enough momentum to continue to steal market-share away from credit cards to the tune of hundreds

Published on: October 10th, 2008 Brian Jackson

Visa launches SMB network on Facebook

Visa Inc. recently unveiled the Visa Business Network, an application built on Facebook to help small business operators network and drive new business -- while generating $2 million in advertising revenue for Facebook

Published on: July 29th, 2008 Heather Havenstein