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Showing posts from February, 2022

What is Cryptocurrency? -A Step-By-Step Beginner's Guide

  A cryptocurrency is a digital or virtual currency that uses cryptography for security. A defining feature of most cryptocurrencies is their organic nature; they are usually 'mined' by computers solving complex algorithms.

What Is a POS System and How Does It Work?

  A Point-of-Sale (POS) system is an electronic system for recording sales transactions. POS systems are used in retail, restaurant and bar establishments to record sales transactions at the point of sale, so that they can be processed later by a central computer. POS systems also provide real time reporting via electronic data capture etc., which enable business owners to make decisions in real time.

What are the 12 requirements of PCI DSS Compliance?

  To achieve PCI DSS compliance , you must meet 12 primary requirements and several secondary requirements. If you fail to meet any one of the primary or secondary standards, your compliance with the standard may be considered insufficient by an assessor and result in a failed PCI audit.

How does credit card processing work?

  When a customer wants to purchase something from you, the first thing they do is pull out their credit card. The next thing you want them to do is swipe their card and sign it. If all goes well, the sale should go through fine and you make your money. Here we were talking about standard credit card processing where we use traditional merchant accounts. Nowadays, there are many companies that offer payment processing services for small businesses but still traditional merchant accounts provide the best results.

What is an FNS (Food and Nutrition Service) Number?

  FNS is a program of the United States Department of Agriculture (USDA) Food and Nutrition Service. FNS administers 15 nutrition assistance programs which provide services at both national and local levels. One such service is issuing FNS Numbers to approved individuals who participate in one or more of the following programs: