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First Data has detected an increase in trolling, in which hackers test networks for remote access into open or poorly protected point-of-sale systems, with their chief target being smaller, Level 4 merchants that process less than 1 million transactions annually and are largely non-compliant with the PCI Data Security Standard. Such merchants are especially susceptible [...]

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SPECTRA Technologies proudly announced its T1000 as one of the first EFT-POS Terminal in Asia to achieve PCI PTS 3.0 certification. The PCI PTS 3.0 complaint T1000 Countertop/Mobile Payment Terminal provides elevated security for banking and retail applications from increasingly sophisticated data fraud methods. The PCI PTS 3.0 approval of T1000 places it to stay [...]

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Square has experienced 25% growth in its payment volume since March, when rival PayPal unveiled a new mobile scanner and emphasized growth in the mobile payment market.  Square’s Keith Rabois says his company is processing transactions at an annualized rate of $5 billion, versus $4 billion a month ago, amid increasing consumer adoption of mobile [...]

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NCR aims to compete with mobile payment rivals Square, PayPal, and Intuit with the June launch of NCR Silver, a product that will let retailers accept payments via an iPad or iPhone.  NCR expects to have a competitive advantage over the others through the strength of its established distributions channels, point-of-sale retail expertise, and data [...]

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The increasing versatility of point-of-sale software and hardware’s payment acceptance and value-added capabilities makes their assessment by acquirers, independent sales organizations, and merchant level salespeople critical to assure the solutions they provide offer not just additional convenience and benefits for retailers and shoppers, but also deliver the requisite data security.  For example, much criticism has [...]

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