CenPOS Certifies Verified by Visa and MasterCard Secure Code

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CenPOS Certifies Verified by Visa and MasterCard Secure Code

Miami, FL (PRWEB) December 15, 2014

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CenPOS announced today that it has certified its payment-processing platform with Verified by Visa and MasterCard SecureCode on TSYS and EPX. This new feature enables e-commerce merchants utilizing the CenPOS platform to mitigate fraudulent chargebacks while providing their end customers with a secure e-commerce payment mechanism. Online shoppers will have the opportunity to authenticate themselves with their issuing banks at the time of purchase; thus, making the payment process experience more secure for all parties. Verified by Visa and MasterCard SecureCode significantly reduce the chargeback risk for merchants while reducing their interchange expense. The authentication data, together with an authorization approval, gives merchants a transaction that is guaranteed against the most common types of chargebacks-“cardholder not authorized” and “cardholder not recognized” chargebacks. Merchants can focus on the business of fulfilling orders rather than authorization concerns.

“We are expecting an increase in fraudulent purchases in the e-commerce space in the coming years in the United States as a result of the EMV migration and adoption. We have seen the re-manifestation fraud trends in other countries in card not present transactions with the global adoption of EMV; therefore, these certifications are a must for CenPOS,” commented Jorge Fernandez Co-Founder and Chairman of CenPOS. “We are always looking for new ways to differentiate ourselves while delivering differentiated value to our clients. Today, security and protection is a top priority of every business executive across the globe. At CenPOS, these priorities are at the forefront of all our business initiatives,” added Fernandez.

About CenPOS

CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. CenPOS’ secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships. For additional information please call 877.630.7960.

CenPOS Makes Point-to-Point Encryption Available To All Its Users

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CenPOS Makes Point-to-Point Encryption Available To All Its Users

Miami, FL (PRWEB) July 2, 2014

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CenPOS is now offering point-to-point encryption (P2PE) to all merchants, as part of their plethora of solutions. This technology effectively protects the credit card information on every transaction by encrypting the cardholder’s sensitive data from the moment that the card is swiped on the credit card terminal. This technology helps businesses mitigate any data mishandling responsibilities as well as reduce their PCI scope.

Currently P2PE is not mandatory; however, given the most recent data breaches it is highly encouraged that merchants adopt this solution as part of their card acceptance best practices. “This technology generates peace of mind and good will for our clients and their customers,” said Jorge Fernandez, Chairman and Co-Founder of CenPOS. “CenPOS is committed to bringing additional value add and new innovative services to our clients,” added Fernandez.

CenPOS is now rolling out this new offering to its entire client base at no additional cost. This solution does not require any additional certifications for clients using the CenPOS platform.

About CenPOS

CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. CenPOS’ secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships. For additional information please call 877.630.7960.

Global Payments says Visa drops it after breach

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Global Payments says Visa drops it after breach:

Visa Inc. has dropped the card processor involved in a massive data breach from its registry of providers that meet data security standards.

Global Payments CEO Paul Garcia noted that the company continues to process Visa transactions, but that being dropped from the registry ‘could give our partners some pause that they’re doing business with someone who experienced a breach.’

Source: Associated Press/Yahoo News

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