Blog Posts Tagged with "Andrew Weidenhamer"

Restaurant Challenges US Bank and PCI DSS after Seizure of Funds

January 27, 2012 Added by:Andrew Weidenhamer

"The PCI system is less a system for securing customer card data than a system for raking in profits for the card companies via fines and penalties. Visa and MasterCard impose fines on merchants even when there is no fraud loss at all, simply because the fines are profitable...”

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