Page 5 - Credit Card Processing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Issue the bond, really have vetted the company. so that already gives you some validation that this company, you know, at least does business well, is in good standing, and if their services, if something goes wrong in their services with you, that's where the bonding comes in, that you can seek damages or seek recompense for that. >> you know a lot of companies outsource things. small business owners are up to their ears with things they have to think about so if they can just move payroll to someone else it is a great relief. how can you make sure the money is going to where it needs to go? ...

First target the security breach that compromised the confidential information of millions of americans. then we learned about neiman marcus the high end retailer disclosed it too had been hacked. we're waiting on how many people are affected. a report from the cyber watch group, intel suggests six more retailers have yet to tell customers they have been breached as well with the same malware. attacking their online credit card processing. so the question now, where should we look next? >> once it's identified then security community can rally around it and start put controls in place. the pro...

Card pin hit cancel and go through it the credit card processing at least the credit card companies can protect you, right? >> well, with the debit card you still don't get the same protection as a true credit card. however though, because you are not using your pin, you do -- they are not getting your pin data, they could still take your credit card data. the electronic funds transfer act still limits your liability to $50. but it's going to take you a long time to get the money your money out of the account where if you use a true credit card you are using somebody else's money which is the ...

Of marijuana plants, is that what we are talking about. >> reporter: these are companies that largely service the equipment, the products that you need to grow marijuana. let's look at a couple of these companies. one is called grow op technology. it calls itself an ago culture solutions provider. weed grow is the walmart of weed. they sell hydroponic things. grow lights, plant materials. let's talk about another company it's called general cannibis. already plans to expand and open ten additional dispensaries by the end of this year. it covers credit card processing and physician management. ...

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