Credit Card Security... Just the facts!

With global eCommerce a fact of life in today's shrinking world, Credit Card Security should be a number one priority in the public’s mind from both personal and business perspectives.

Stored Credit Card information must be protected. Although people want to have their mind at ease when conducting transactions, government and regulatory agencies mandate protection. Credit card processing must be PCI compliant…..

Did you know……”the 2006, and the Payment Card Industry Data Security Standard (PCI DSS) requires merchants (and others) to encrypt certain cardholder information. At last count, nearly three dozen states have laws that require merchants to announce when they have disclosed personal information that was not encrypted. Visa and Mastercard can levy fines of up to $500,000 for breaches in which the merchant failed to implement security measures. In my experience, these fines are larger and generally occur more often in situations where the merchant failed to use encryption.”

Also, PCI DSS "Requirement 3.4 states that merchants must render [the Primary Account Number], at minimum, unreadable anywhere it is stored (including data on portable digital media, backup media, in logs, and data received from or stored by wireless networks)."

Simply put, irresponsibly storing credit card data either in electronic form or on a notepad may result in significant penalties.

If you process orders internally, MOTO (mail order - telephone order), or via your website, responsible credit card processing provides you with the following benefits:

1. Legal Compliance
2. Improved Cash Flow
3. Happy Customers (They love to get their Credit Card points)

If you are an Infor ERP XA (formerly mapics) customer, you should consider the integrated solution, XA Card_Connect by Lexel Corporation and Curbstone Corporation’s Curbstone Card.
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Mark Shubel
VP
Lexel Corporation

Welcome to Lexel Corporation’s blog! Since this is our first post let me explain a bit about our company and what to expect on these pages.

Lexel has been in business for over 25 years implementing business systems for manufacturing and distribution companies. Although located on Long Island NY, USA, our customers are worldwide and range from small to Fortune 500 companies. Having been in management in manufacturing companies, Lexel’s consultants know business…not just ERP systems. Our consultants have deep knowledge of industry as well as systems and network infrastructure.
As you will see on www.lexel.com, over the years we have created many add-on products for Infor ERP XA (formerly mapics) and products that “connect” to other systems. The products range from Cost Accounting for Aerospace and Defense companies to our COM_Net2/CN3 world-class integrated eBusiness products. Our technology leverages the power of the IBM iSeries, Java as well as most other common platforms.

So, with our experience in manufacturing, accounting, network infrastructure, eBusiness and IBM iSeries, you will see that this blog will evolve to address a variety of topics. We are sure you will find them interesting and informative.

Our goal will be to post an article at least quarterly and for more frequent updates follow us on Twitter !

Thanks! Welcome to Lexel’s blog!