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Wireless Credit Card Transaction

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Clinton Said:

would my information be easily stolen if I use the wireless connection provided by my university?

We Answered:

Not unless you don't use a firewall.

Philip Said:

Record of internet use from shared connection?

We Answered:

Yes, they can intercept packets and stuff, but as long as the network has a strong password to connect, you shouldn't have a problem. Also, most of those websites you described will use HTTPS, which stands for secure. All the information is encrypted and very hard to decrypt, so I would not worry as long as the network is password protected, even then I would not.

Ramon Said:

Research paper......I chose to do it on Wireless Network Security and credit card transactions?

We Answered:

My suggestion would be to start with learning about PCI-DSS (Payment Card Industry - Data Security Standard). All businesses accepting credit cards must be compliant with this security standard. There is a whole section on wireless transactions. There are many resources on the internet, but you can start with this one...

https://www.pcisecuritystandards.org/

Troy Said:

Is an unsecured internet safe to use for business?

We Answered:

Get it secured in router config. Normally just connect to the connection and type 192.168.0.1 in your web browser. Login User: admin
Password: admin
and set your wpa, wpa2, wap or wep key.

Morris Said:

Credit Card Terninals: How do they work?

We Answered:

This is how it works, in general:

1. You swipe the card. You get an approval code, print out the sales draft, and have the customer sign it.

2. At the end of the day, you send a batch of all of that day's transactions to your merchant services company. The company will settle the transactions through the respective card networks.

3. Once the charges are settled, your merchant services company will deposit the amount of your sales, minus interchange fees, into your designated bank account, usually via ACH.

Of course, this is the general process, and there are a lot more regulations that have to be followed. But this is the general process.

Elsie Said:

Credit Card Processing Company Question?

We Answered:

Use Simple Payment Systems. They give you a free wireless terminal, and beat other rates. I use them and have never had a complaint. I am completely happy. They train you for free too.The web site is below.Just call or fill out their form to get help.
Best wishes! Congrats! Your Ad Here

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I would like to say that Clinton asked general question about woreless credit card transaction and good thing it that he got positive answers in detail.

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