If you are a business that accepts credit cards as a payment method from your customers and clients, it imperative that your payment systems are PCI compliant.  If you do not ensure such compliance, you are at risk of being decertified and no longer allowed to accept credit or debit cards. 

When paying for goods and services. 

Security is a very serious concern for buyers who choose to use their credit cards. Consumers want to be sure that their payment details are stored and transmitted in an encrypted format so that they don’t get stolen.  Millions of payment transactions are carried out each year and PCI compliance and fraud prevention should be a business’s top priority.  Small vendors who don’t take steps to implement PCI DSS compliance could lose their ability to accept credit and debit cards, including Visa, MasterCard, and American Express. 

When a business loses its ability to process credit card payments on site following decertification, the consequences can be far-reaching.  These days few people carry a lot of cash around and a lot of people like to put all of their spending on a credit card in order to make it easy to track their monthly spending and earn cashback and reward points from card providers.  What’s more, the public knows that paying for things with a credit card provides them with enhanced consumer protection.  Businesses that can no longer accept credit cards will also find it difficult to sell online and over the phone. 

Being PCI compliant ensures that you are adequately protecting any and all payment information you hold for your customers.  The data on your business’s computer systems needs to have tight restrictions on who can access it.  All employees need to use more than one process of authentication when logging in to the system from remote locations.  In addition, encryption of all data transmitted is essential.  You need to use the latest security encryption protocols. 

All businesses should be worried about PCI compliance. 

Even businesses that only process one credit card transaction a year.  The number of payment transactions does not matter and even businesses using third-party payment providers like Google Checkout and PayPal need to ensure they are PCI compliant.  If your business website’s security is breached and it is discovered that you are not meeting all of the PCI compliance requirements, the penalties can be huge.  Your business could be sued up to half a million dollars.  In addition, the damage the breach will do to your reputations may take decades to recover from.  Read here about Affordable Payment Solutions . 

ID theft and credit card theft is something that everyone is worried about.  So, make sure you take steps to protect your customers and clients by meeting all of the PCI DSS (Payment Card Industry Data Security Standard) compliance requirements.  There are many helpful guides on the internet that you can access to find out everything you need to know about meeting and exceeding the requirements.  Don’t risk getting fined and compromising the security of your customer’s payment details.  Read about merchant services for small business . 

There are some people that believe that technology will eventually eliminate any possibility of having affordable payment solutions.  It is something that might be possible because as technology continues to advance, existing businesses may not be able to compete.  If you think about solutions like PayPal, it has already made these companies capable of signing up, without having to pay the fees associated with having physical payment processors.  They can actually plug something into their phone, and take payments in that manner.  Let’s discuss have technology actually will smash affordable payment solutions or not. 

Why Would This Affect Payment Processing Systems? 

The only reason that payment processing systems would be affected is because they are able to do it for less per transaction.  For example, if they can lower the fees down to a rate that makes it unaffordable for other companies, they would literally push all of them out of this industry.  However, these companies still have to make money.  They still have to pay for their overhead and all of the fees that are associated with providing the service.  There is only a certain amount they can go down to, therefore it is unlikely that they would actually eliminate all of their other competitors. 

Will They Make It More Difficult For Them To Compete? 

It is very likely that they would make it difficult for businesses to compete.  This is for a couple different reasons.  First of all, as mentioned earlier, you can plug in a very simple device into a smart phone to take payments.  The cost of investing into the machinery for payment processing is much higher than those small devices.  The way they can compete is by providing more payment solutions which will include paying with a cell phone.  There are many applications that you can scan.  When you scan them, the payment goes through.  Your cell phone has to be attached to your bank account, however.  If that is the case, that would make it very difficult for these simple devices to do the same.  Another way they can make it difficult is by charging such a low amount for the transactions that the prophet that the shareholders are looking for with these companies is going to be much lower.  This could cause them to lose a lot of investors, so there is always something that can affect them, but it is doubtful that they will put them out of business. 

How Can These Larger Companies Compete Against High-Tech Companies? 

Most of these companies can compete if they are able to provide discounts from time to time.  They also need to have more choices for customers.  It is very difficult for larger businesses to always compete against the smaller ones because the smaller ones are to actually that small at all.  They are simply not multinational companies.  They are actual payment processing businesses and they have been doing this likely for a decade or more.  They have a superior system by which payments are taken, and the encryption that they use will be exceptional.  These are things that other people are looking for.  Therefore, if they have to pay extra for the ability to take payments in a multitude of different ways, and have the best encryption, that’s exactly what people are willing to pay more for.  It’s similar to the difference of paying for a fine meal compared to paying for a dinner that you have to heat up after purchasing it from a store. 

How Technology Can Be Used By Each Of These Businesses

if you are looking at a larger company that charges less for the payment processing, and does not have all of the machinery, technology is working in their favor.  People look at the simplistic aspect of doing the payments, but not so much on the encryption process.  They will automatically assume that it is going to be working fine and they won’t worry about that aspect.  However, businesses that charge more for these transactions are going to be promoting that technological aspect.  They will state that there is no other payment processing system out there that has this level of encryption.  If people have worked with these lower priced solutions before, and they have had problems getting their money, this is going to entice them to pay extra.  Additionally, both of these businesses can reference technology when it comes to this speed by which the transactions will go through.  Today, it is possible for a transaction to happen within seconds because of the new chip technology that is used.  Also know about Social Security Card Replacement. 

Technology will likely not smash affordable payment solutions.  People are willing to pay for what they believe is of value.  These companies that have exceptional payment processors with incredible levels of encryption are still going to be popular with major businesses.  For those starting out, however, they may go with the one that is the lowest price.  That’s because they are just figuring out what to do.  At some point in time, when they are making more money with their business, they will likely consider using one of the more expensive and elaborate payment processors.  This is why they will never go out of business.  For more details visit site

Having an SS card number is extremely important.  People from all walks of life and in all types of situations need an SS card number for various reasons.  If you want to know why it’s important, then continue to read on. 

Open A Bank Account

If you want to open an account with any financial institution in America, then you will need to provide the bank with your Social Security number, and this includes places like credit unions, banks and so forth.  If you have a card, then you can show the bank your card.  Banks and other financial institutions check their prospective clients’ credit, to report investment income and interest to the Internal Revenue Service and to manage accounts.  The bottom line is if you want to open an account or do business with a financial institution, then you’ll need a Social Security number, otherwise you will not be able to do it. 

Federal Loans

When applying for loans that are offered by the federal government, then you will need to give them your SS number because this is how the government determines whether or not you’re eligible to receive a federal loan.  For example, if you want to receive a federal student loan, then you’ll have to give them your SS number.  The government will check for a few things, such as whether or not you have defaulted in another loan that they provided you, and if you have, then you might not be approved for a loan. 

Tax Returns

If you work in America, then you’ll have to file a tax return, which requires you to fill out a number of forms.  One of the first things you’ll be asked to provide is a Social Security number.  This is important and if you don’t provide the IRS with your SSN, then there’s a chance your tax returns won’t be filed properly.  If you hire a professional to prepare and file your taxes, then they will ask you for your SSN and if you don’t give it to them, then they will probably not file your taxes because an SSN is required. 

Passports And Driver’s License

Sooner or later you might want a passport and when that time comes, you want to have your SSN on hand.  Passport applications contain a section where you provide your number.  There’s a chance you could still be approved for a passport, but eventually you might be fined hundreds of dollars because you do need to provide an SSN. 

If you do not have an SSN and apply for a passport, then delays in your application will occur.  Besides passports, you need an SSN to obtain a driver’s license.  In most cases, this is true, but there may be exceptions. 

These are only a few examples of why it’s important to have an SSN.  You also need one for work-related purposes, for when you apply for certain types of personal loans and if you want to obtain private health insurance.  Now you know why it’s important.  See more at https://sscardreplacement.com

Finding out that you are classified as a high risk merchant may have really put a damper on your day.  However, there are merchant account providers that will work with you.  There are even credit card payment processing companies that will instantly approve your account.  There is much more to it than that, however, and you don’t want to jump into an arrangement like that.  What you want to do is network with the right payment solutions provider and get your site set up to start taking payments from customers, yet you need to find out why patience is required. 

You are going to have to do some homework in order to choose the best high risk merchant account provider. 

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The first thing you need to look out for is what companies deal with businesses that are in your industry niche.  Your type of business matters, and as a matter of fact, it may have even been why you were classified as a high risk merchant.  Is that the case?  After identifying which payment providers work with businesses in your industry the best, you can see what consumer reviews say about them. 

You are certainly going to want to familiarize yourself with the charges that a payment solutions provider is going to enforce.  You also want to know what payment types your business is going to be able to accept based on your business relationship with one of these companies.  You want to please your customers, and you want all of them to be able to conveniently checkout and make purchases. 

Not only do you have to keep both fraud and charge backs in mind, but you want a company that can work hand in hand with you against those type of situations.  They are going to charge you and hold you accountable in those situations, so it’s best if they also provide you with tools to avoid both charge backs and fraudulent transactions.  This should also mean that the company you count on is going to have a great customer support team.  Know How Do You Go About Accepting Credit Card Payments Without Having A Merchant Account ? 

You are the customer in this situation

You are trying to set up a merchant account.  Since you are classified as a high risk merchant, you may not necessarily find the best rates.  Yet the rates should be affordable, and the networked relationship with a credit card processing company allows you to accept payments from your customers.  Keep some perspective, and find the best merchant account provider that you can do business with at this point in time. 

If at any point you run into questions when looking at payment providers, give one of your top contenders a call to start talking things over.  Don’t let them push you into a contract, however, as you are going to make a decision once you have examined all the details closely.  You will also want to have compared the fees from multiple companies before you start digging any further.  Once all is said and done, you will have a merchant account and will be taking payments from your customers, but it’s not going to happen instantly.  Click at https://thesoutherninstitute.com/marijuana-credit-card-processing/ . 

A social security number is the federal government’s way of identifying your child.  This is why it is important that you get a social security card for your newborn as soon as possible.  You also need to get this card to add your baby to your health insurance plan.  If you are expecting a child or have a newborn, you need to know what steps you have to take to get a social security card for them and how long this will take. 

How To Get A Social Security Card For Your Newborn

The easiest way to apply for a social security card for your newborn is while you are in the hospital.  When you complete the birth registration form, there will be a box that you can check to apply for a social security card.  If you want to complete this form, you will need to have both of the parents’ social security numbers. 

The birth registration form will be easy to get because most hospital s will distribute them while the mother is a patient.  When you use this route, you will not have to submit any further information for a social security number. 

If you never received this form at the hospital or you did not give birth in a hospital, you will need to apply for a social security number at the Social Security Administration office.  There are things that you will need to take with you to the administration when you do this.  The first is a completed application form which should have both parents’ social security numbers on. 

You will also need to provide at least 2 documents that prove the age of your baby, their identity, and their citizenship status.  Ideally, one of these documents will be the baby’s birth certificate and the other will need to be a medical record.  The last piece of information you need is proof of your identity. 

How Long Will It Take To Get The Social Security Card? 

Once you have completed the application for the social security card or the birth registration, you will have to wait for the card to be sent to you in the post.  The length of time that this will take will vary depending on the state that you live in.  The national average wait time will be 2 weeks, but there are some states that have longer processing times. 

It is recommended that you allow 2 to 6 weeks for the social security card to reach you.  To find out more about the wait time in your state, you can find information on the Social Security Administration website.  If you have waited the length of time stated on the website and still do not have the social security card, it is recommended that you visit your local SSA office or call them.  They will generally be able to provide you with further information about the application and any additional help that you might need.  To know more contact us or visit the website at https://www.application-filing-service.com/socialsecuritycard/lost-and-replacement-social-security-cards/.

If you are going to be either buying or selling something on the Internet, it is extremely important to utilize secure payment methods.  Having secure payment methods is very important in today’s digital marketplace due to the vulnerabilities that can present themselves without the use of them.  Below, we will be going over some of the key things that you can do in order to make sure that you are using secure payment methods. 

Importance Of Secure Payment Methods:

1.  Third Party Processor. 

A lot of websites have begun to hand off their online payment solutions to third-party payment processors for High Risk Solutions.  This is a great way to offer secure payment methods as a business because it allows you to hand off your customers to a much more robust and secure solution than if you were to try to accept payments directly on your website.  These solutions are going to be much more secure because the transaction will occur on the third party payment processors website rather than your own.  Therefore, you are not going to be responsible for encrypting or storing the very sensitive data that the customer is inputting.  This alone can help allow you to offer secure payment options right from the start without having to make any significant investment in your own website. 

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2.  Peace Of Mind. 

As a customer, it is more important than ever to have a good amount of peace of mind whenever you are making a purchase on the Internet.  Because of this, you want to be sure that you are giving your customers and prospective customers the peace of mind they need to really be comfortable buying something from your business.  Having peace of mind can make a big difference when it comes to the conversion rate you are able to achieve your business.  A lot of customers might simply avoid purchasing anything from your business at all if you are not offering them secure options to pay. 

3.  Liability. 

Another reason you want to be sure to offer these kinds of secure options is that it will free you from any sort of liability.  Having secured options for your customers to use is going to allow you to reduce the risk of having to deal with any sort of customer data breach which can leave your business not only vulnerable for a lawsuit, but also from public distrust. 

Overall, there are a lot of different things that you are going to want to do in order to increase the security of the payment options that you offer.  By following the tips above and offering better and more secure payment solutions, you should be able to heighten the overall security that you are able to achieve with your website.  Always try to give enough options so the prospective customers that want to purchase something from your website are able to without having to worry about their information being stolen.  Offering a third party solutionis one of the best and most affordable options. 

If you want to be able to accept credit cards through the Internet, you need to sign up for an account with an online payment processor.  These companies are responsible for running the credit cards through the system to check whether or not the transaction is approved. 

If you have never worked with one of these companies before, you probably have a lot of questions.  It is worth taking the time to educate yourself about how the process works so that you can decide what type of credit card processing service is right for you. 

Credit Card Information

There are a couple of different options that you can look into if you want to accept payments online.  One option is to work with a third-party payment provider such as PayPal.  With this type of service, customers submit their credit card information to PayPal rather than to your business.  PayPal then runs the information through their system and deposits any resulting money into your PayPal account. 

The benefit of going with a service like this is that you are not responsible for keeping the customer’s payment information safe.  Additionally, the requirements to get approved for a PayPal account or a similar type of account are usually much less stringent than they are for traditional merchant accounts.  From a cost standpoint, third-party payment processors also usually charge fewer fees, making them an affordable option for small businesses. 

On the other hand, you may find it beneficial to apply for your own merchant account.  With this option, you can then accept credit card payments directly through your website without having to use a third party payment processor.  This can provide your customers with a much more seamless experience during the checkout process.  Instead of having to be taken to another site to complete their payment, they can complete the entire transaction directly on your website. 

Online Payment Processors

Although merchant accounts provide more flexibility, they also have some drawbacks.  For one thing, there are usually a lot more fees associated with them.  That means that you may need to pay quite a bit more money on a monthly basis when compared to third-party payment processors. 

They also generally have stricter approval requirements.  You may have a hard time opening account if you have any blemishes on your credit report or if your business is not well-established. 

When it comes to comparing online payment processors, it is really a matter of deciding what option is right for your business.  If you are a relatively low-volume seller and don’t want the hassle of dealing with your own merchant account, going with a third-party network such as PayPal can be a good option. 

Alternatively, if you are a high-volume seller or if you want to provide your customers with a more seamless experience, going with a traditional merchant account is probably a better option.  Before you decide which approach to take, spend some time researching all of your options.  That way, you can choose a credit card processing solution that will meet the needs of your business.  To know more contact us or visit the website at https://highrisk.solutions/.

Having your wallet stolen can be a harrowing experience all by itself.  After the fear has subsided that’s when the panic will set in because you’ve lost your drivers license, credit cards, some of your favorite photos, and what about your stolen Social Security card?  Your drivers license isn’t worth a whole lot because it’s doubtful that the photo looks like anyone else, especially a thief.  And those credit cards can be canceled with just a phone call, plus, hopefully you have online copies of your photos.  But that Social Security card could lead to a stolen identity which could really mess up your credit and some other things, let’s take a look. 

If The Thieves Apply For Work With Your Stolen SS Card

This can get a little tricky, depending on exactly where your stolen card ends up, and what they decide to do with it.  If an illegal immigrant applies for work and gets hired, they will then be paying into your Social Security account for as long as they have a job.  That sounds great, doesn’t it?  They will then be adding to your account boosting your entitlement for when you retire, what could possibly be wrong with that? 

Well, plenty, just to get started.  If they take a job that reports income on a 1099 form and doesn’t subtract their taxes and pay into the SS account, you may end up owing taxes on their income.  Another possibility is that they do take a wage earning job but since they know they’ll never collect on your retirement, they fill out their withholding form and exaggerate how many dependents they have, like 10 or so.  This reduces the amount that gets withheld for both taxes and Social Security to near zero and it’s possible, again, that you could get stuck holding the bag. 

Another scary scenario is when the thieves take all of your stolen ID and go apply for a loan in your name using your stolen Social Security number.  You might not know about it until they take the money and run, then the bill collectors start calling you asking for payment.  You’ll then have to prove that it wasn’t you, you didn’t apply for the loan, and it might take years to clear up the mess. 

Protect Your Credit Rating By Calling The Credit Bureaus

There are three major credit reporting agencies and they have the ability to put what is called a fraud alert on your Social Security number.  The three companies are: Equifax, TransUnion, and Experian, and you’ll want to call them right away to let them know what’s happened.  The fraud alert typically lasts for 90 days so you should call them again and extend it, especially if there has been some suspicious activity on your accounts. 

The most important thing that they will do is insist on government issued, photo ID in order to recommend any credit get issued to someone using your SS number.  This will be a huge hassle for you, but the alternative is far, far, worse.  In most cases, once the thieves find out that your number has been blocked, they’ll throw the card away so as not to risk getting caught.  However, they are just as likely to sell the card to another thief for a few dollars as well. 

If you’re having problems with a stolen SS card or number and want to get a replacement ss card, contact the appropriate authorities immediately.  Then take action to block your credit, and then call the Social Security Administration and report the loss.  Then, next time, keep your card locked in a safe in your home and don’t carry it with you on a regular basis. 

Congratulations are in order, you are getting married!  During this busy time in your life, you have a laundry list of things that you will need to do to ensure your perfect day occurs without any problems.  With all the activities and tasks that you need to plan, it may be easy to overlook one or two.  One of the most of these tasks is changing your name on your social security card. 

What Is A Social Security Number? 

The Social Security system was created as part of President Roosevelt’s New Deal in 1935.  The Social Security Act was designed to provide American citizens with a retirement fund.  The system was also designed for those who need to receive disability payments, or are beneficiaries of those who have paid into the system. 

Your Social Security number uses the history of your earnings in order to calculate your benefits.  This means that the amount of money that you earned over a period of 35 years will be the determining factors to calculate your benefits.  This also means that if you fail to report your name change after you get married to your employer and to the Social Security Administration, any W-2 you receive after you get married may not be recorded properly, and this means that your Social Security benefitsmay be affected as well. 

Unfortunately, many people are not even aware that there is a problem until they retire, and discover that their benefits are a lot lower than what they expected them to be.  This means that it can take months, or even years, to straighten everything out and get the benefits back on track if they were filed under the wrong name. 

How To Apply For A Social Security Card After A Name Change

Although the Social Security Administration offers many services that can be completed online, but changing your name cannot be done online.  You will need to visit your local office to complete the process, or you will need to mail in your application with the supporting documents. 

To get a social security card name change applicationwith your new name, you will need to be able to provide the agency documents that can prove your identity.  The agency will also want to have legal documentation as to why the name change is being requested.  The new card will have the same number as your old card.  You will not have to prove citizenship, unless your legal status has never been established.  To establish citizenship, you will need to provide to show proof of being a United Citizen by either providing a birth certificate or a passport. 

Identification documents that the Social Security Administration will accept include:

• State issued Driver’s license
• U.S. passport
• Non-driver ID card

Keep in mind that the agency requires original documents.  That means photocopies and notarized copies are not accepted.  To prove the name change is legal, the agency will want to see proof.  You can provide them with your marriage certificate.  Getting married is a major milestone.  Ensure you get the benefits you are entitled to by making sure you change your name with the Social Security Administration. 

Without a merchant account, you are really limited as to your options for accepting payments online.  As a matter of fact, the only real legitimate option you have to help you accept credit card payments is to have a PayPal button for checkout.  PayPal is great, and you certainly want the company included in your checkout options.  However, in order for your business to appear trustworthy to your customer base, you need to be using one of the best online payment providers, meaning you need a legitimate merchant account. 

It might seem like an easy enough thing to do

But it’s not necessarily all that simple for some site owners.  A person selling certain items may not think that his or her business is considered high risk, but you would be surprised.  While the list of industries that aren’t high risk in and of themselves is quite long, you should see the list of high risk industries. 

Just because the industries are high risk doesn’t mean that each company would classify them as such.  That is certainly one thing you need to know right there.  Additionally, you want to know that companies have other reasons for classifying accounts as high risk.  For example, credit history could land your merchant account in the high risk category, and so could the fact that your site is relatively new.  Get A Quick Overview Of Credit Card Transaction Steps . 

Also, if you are new to a merchant account, you are going to want to know all about the fees charged.  If you do get a ton of customers one month, you still might be charged a minimum fee.  While you came here to avoid a merchant account, I suggest trying to make one work.  That would actually be best, but you are going to have to work towards that if you think that there are some hurdles in place. 

Look at the list of high risk restrictions, and get to know the companies a little. 

You might also be surprised to find out that there are more companies that provide online payment solutions than you thought.  It will take some time for sure to really look at all of your options and see if you are still better off without a merchant account. 

Remember, you do have alternatives outside a merchant account.  But you need to be aware that they can be severely limiting.  Instead of putting up with those limitations, you might want to instead put up with other limitations from a merchant account, as long as they don’t cut too far into your profits. 

Again, you have more merchant account options than you know.  You do, however, need to be sure that you do business with a company that you can trust.  If you don’t, you aren’t going to be taking your business down the right road.  It’s time to figure out which merchant account company you can partner with to help you grow your business instead of trying to figure out how you can move forward without one as you handle your operations.  For more information visit site .