APS Payment has published a free Merchant’s Guide to PCI Compliance to help merchants understand and comply with PCI DSS standards. The Payment Card Industry Data Security Standard (PCI DSS) is the specific set of requirements designed to ensure all companies processing, storing, or transmitting credit card information maintain a secure environment. Keeping up with PCI DSS requirements is often overwhelming for the average merchant because it’s complicated and the rules constantly change. You must make sure all employees and systems that interact with credit cards are compliant. This includes the way employees handle credit card information, your network, ERP software, accounting, eCommerce, POS, and /or mobile applications.
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Historically, business-to-business (B2B) orders have been made over the phone or in person, and a paper invoice would be issued for payment. Payment would typically not be captured until a month or so later. Once payment was finally received via the mail, it would usually take a few more days to process and apply it. This whole process from start to finish could take anywhere from one to three months. Today, B2B customers expect real-time transactions and ease of placing orders like they do in the B2C world. Forrester Research said 93 percent of wholesales buyers prefer to buy online. As a business, you should want to make B2B payments a priority as well, so you can increase your customer satisfaction, and have the added benefits of increasing your cash flow.
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APS Payments has joined the Information Technology Alliance (ITA) in recognition of a clear commitment to providing superior technology products and solutions to small and medium-size businesses. ITA is the highly regarded international not-for-profit association of leading Consulting and VAR firms, CPA firms, and technology product/service providers. The ITA invitation was extended because of the high level of support and service APS Payments has provided to their business partners and clients, and for their commitment to being a leader in the information technology (IT) industry.