MAG 2014 Annual Conference is Almost Here!

Discover ways to address tomorrow’s payments system challenges today when you join with more than 70 top merchant companies already registered for the MAG Annual Conference. The agenda is packed with education and networking events designed to help you get ahead of the curve.

Register Today!

Merchant Beware
By Mark Horwedel

The payments industry is unnecessarily (and some would say intentionally unnecessarily) complex. The present system gives rise to all sorts of abuse — especially abuse of small businesses — by those who capitalize on the knowledge gap; merchants are typically the victims of this exploitation. Read More

by Liz Garner, Merchant Advisory Group 

Rewind to the first of the year, and one of the hottest topics in Congress was payment card breaches. Nine months later, several pieces of legislation have been introduced, numerous Congressional hearings have taken place, and various representatives — both from the government and private industry — have testified on payment card security and data breaches. But what has been accomplished? Read the Full Article

An Omni-channel Payments Challenge
By Dee O’Malley, Best Buy

As we all know, the payments industry has entered into a dynamic and uncertain time for the entire set of stakeholders — merchants, banks, brands and consumers alike. Read the Full Article

 

VISA Transaction Advisor
By Tim Patterson, Alon Brands

VISA is currently offering Petroleum and C-Store merchants a new service called VISA Transaction Advisor. The intent of the service is to score a transaction based on the risk assessment using all of the data that VISA has available about the account, the cardholders, type of transaction, historical transaction data and so forth. Read the Full Article


Events and Education

October 6 - WEBINAR: Rethinking CNP Register Today

Archive of past webinars: Log in

MAG News

Remember, all MAG members can access industry white papers on the MAG website under the MAG Insights heading.
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Three Reasons Merchants Need to Protect Data
by Mike Passilla, Chase Merchant Services

As recent news stories have illustrated, a data breach can not only harm a retailer financially, but also damage their reputation and impact consumers’ trust. Here are three reasons merchants need to take a greater stance to protect customer data. Read the Full Article

   

250 Days but Who’s Counting?, By Patty Walters, SVP, EMV Corporate Strategy and Dave Maisey, CEO, ICC Solutions

These are busy days. The US EMV migration is well underway, and the complexity of the process is now understood. Of particular concern is EMV certification. Read the Full Article


Also in this Issue

Best Practices: Stored Value Card Fraud — Who Cares?
by Dean Sheaffer, Boscov’s Inc.
Recently the NYCE network announced a change to their PIN debit network rules.  According to their announcement “The rule change will limit the use of a reversal to cancel the last transaction, also known as a void, to purchase transactions only. Merchants will be liable for chargebacks of NYCE transactions, if a cancel or void of a PIN Debit merchandise return is processed.”  Read the Full Article


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