What Software Companies Need to Know About PCI Data Compliance
If your software company develops solutions that handle payments and transactions, PCI compliance is absolutely crucial for keeping cardholders’ data safe. Failure to comply with the standards we’ll be discussing can result in significant financial penalties.. It can also do irreparable harm to your company’s reputation. Remember, it only takes one data breach or compliance […]
Low-Code & No-Code Options for Integration
Integration is a big deal for software companies, to say the least. The average business uses hundreds of software apps to manage and streamline its day-to-day operations. That puts constant pressure on software companies to deliver solutions that seamlessly integrate into enterprise tech stacks. Usually, that calls for custom coding to develop an application programming […]
PCI Compliance Requirements: What Merchants Need to Know
For merchants that handle credit and debit card transactions, PCI compliance has far-reaching consequences. Adhering to the Payment Card Industry Data Security Standard (PCI DSS) helps merchants keep customers’ payment data safe, secure payment systems against cyber threats, and avoid financial penalties that could harm their profitability. In this post, we explore the essential aspects […]
Expert Strategies to Minimize Chargebacks and Protect Your Revenue
Every business accepting credit cards faces the risk of chargebacks. These disputed transactions can result in significant revenue loss, costing you both the product and the sale. At MSG Payment Systems, we understand the challenges you face. With our decades of experience, we’ve developed proven strategies to help you minimize* chargebacks effectively. *Even when you […]
5 Technologies That Help Reduce Ecommerce Fraud
Incorporating ecommerce into your business model can open new revenue streams, but it also brings new challenges—particularly the risk of fraud and financial loss. Ecommerce fraud costs businesses billions of dollars annually. In 2021 alone, U.S. retailers lost over $20 billion to payment fraud, a figure that continues to grow as online shopping expands. To […]
