In 2018 Canadian businesses need to have the ability to accept credit cards to stay competitive. Whether in a brick and mortar store with a credit card terminal or online through a payment gateways Canadians are relying more on their credit card. However, as credit card use grows so do fraudulent payments which can hurt businesses. When fraudulent credit card payments are made it is often on the business that accepts the payment to absorb the loss. Therefore, it is very impor

Everyday stolen data is sold on the dark web. Information that ranges from social security numbers, driver’s licenses and even diplomas sell for a range of prices according to Experian credit monitoring. As reported by Quartz, one method that hackers or online thieves will employ is to buy huge amounts of the previously mentioned stolen data, like emails addresses, and use them to try to log into online retailers websites posing as actual customers. If the hackers are able to

Canada is the global leader in credit use with credit cards accounting for more than 462 billion dollars in sales in 2016 alone. Yet, there are still businesses that are apprehensive about accepting credit cards. Some business owners chose not to accept credit card payments because they feel that accepting credit cards will not be worth the hassle or cost. However, when looking at the common reasons that prevent business owners from signing up for a credit card merchant acco