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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:

What is an American Express Virtual Card and How to Get it?

  An American Express Virtual Card is a digital replacement for your physical card. With the Amex virtual card, you don't need to carry it with you everywhere you go. Instead, just add it in Wallet and use it when necessary.

NMI Payment Gateway Review

  A NMI Payment Gateway is one of the most important parts in starting an NMI business. NMI is a low cost payment gateway, which reduces credit card charges and disputes, while it offers more security to online merchants. NMI also provides multi-currency support so businesses internationally can accept payments from around the world.