17 Jul

Even your small business is a hackers target

Unfortunately in today’s climate of rampant computer fraud, it’s not only major financial institutions or retailers that find themselves to be hacking targets. Small businesses are also vulnerable to having their customer payment data stolen. It may seem as though as soon as a system is updated with new security features, the thieves develop a hacking program to break into it. What can you do as a small business owner to protect yourself from this happening to you?

Merchant Bancard Network has been offering top quality credit card processing services for decades. Part of what our merchants receive with their subscription services is the guarantee that not only will their customer’s information be safe with us, but we help them to ensure it’s safe at the point of sale level as well. MBN is working constantly to stay ahead of the would-be hackers, and have extremely sophisticated methods by which to make sure sensitive data is safely encrypted.

In recent years, tokenization has come to the forefront of the field of data security. Encrypting data, assigning new values based on a standard encryption key, can leave your customer’s information vulnerable if the key were to fall into the wrong hands. Tokenization uses random numbers to create a taken for each piece of data before it is transmitted over the internet. Even if a hacker were to get his hands on the tokenized data, there is no way to use the random numbers to recreate the credit card information.

Are you prepared to tell your customers…

Most consumers are very concerned about the security of their payment data, because scandals continue to be highly publicized by the media. It’s hard not to wonder if you’re next when hackers have proven that they can get into almost any program, including the federal government! As a business owner, you know that your company reputation rides on your ability to secure your customer’s payment data.

Speak with your MBN account specialist about how you can put the best site security into place. We offer the latest in data protection software and hardware, so that you too can stay ahead of the hackers.

Staying a few steps ahead

Along with providing our merchants with secure merchant account services, we help them to keep their point of sale equipment and technology at the highest level of data protection. For example, we can set you up with EMV technology, one of the best new ways to cut down on credit card fraud. EMV credit cards, known as chip and pin cards, have a computer chip embedded in them where the sensitive data is stored and can not be duplicated if stolen.

Call or click the MBN website today to learn more about how you can prevent hacking using the best practices of data security.

2 Jul

Why you shouldn’t wait to upgrade to EMV

By now, all merchants have been notified that they will be required in October, 2015 to begin accepting emv cards. This new technology will require changes, such as upgrading pos systems to be able to read the chip imbedded in these cards. On the flip side, the benefits of this new, secure technology are many. EMV cards are also known as “smart cards”, because they provide a wealth of information in an instant, decreasing the average transaction time while providing valuable data to your business. Given the pros and cons, the question many of you have been asking is should you wait until the deadline to accept emv payments?

At MBN, we believe upgrading to emv is something merchants should do sooner rather than later. In addition to superior data gathering, smart cards employee secure technology, which reduces loss due to fraud. The cards themselves can not be physically duplicated, and the information provided at time of payment is unique to that sale alone; eliminating the ability of a hacker to re-use the data in future transactions.

Your top competitors are already one step ahead

As a merchant, your first priority is protecting your customer’s personal information and making sure they have complete confidence in your establishment to do so. There have been several recent, highly public incidences of security breaches that have put hundreds of thousands of people at risk for identity theft. You can’t blame consumers for being skittish about handing over their credit card nowadays, and when given a choice among competing business, choosing the one with the highest standard of financial data protection.

Before a customer feels comfortable shopping with you, they need the peace of mind that comes with knowing their sensitive data will not end up in the hands of thieves. This is why we at MBN encourage you to consider improving the safety of your point of sale technology. By joining the growing number of businesses accepting emv cards, you can show your customers that you take the threat of payment info hacks as seriously as they do.

It’s about your customers

MBN has worked very hard to become known among merchant processors as the provider who can be counted on to keep customer credit card information safe. We have a team of experts who are constantly upgrading our security measures to keep up with the fast-paced and often sophisticated hackers who are always looking for a way in. To this end, we offer the most up-to-date technology and point of sale equipment to our merchants so they can ensure the same level of data safety on their end.

We take pride in our reputation for being customer-service oriented; offering 24/7 phone, email, and live chat forums through which our clients can get questions and technical problems addressed quickly. As an additional bonus, our merchants can take advantage of our customer loyalty programs, through which they’re eligible to receive discounts and incentives on equipment and supplies.

Call or click today and find out how MBN can help you improve your business through the use of advanced emv pos systems.