In a video released by Miami Beach Police, two men work as a team to install a credit card skimmer at a local gas station. In less than three seconds, the terminal goes from safe to fully compromised.
The Daily Overview on MSN
Who really gets rich every time you swipe your credit card
Every time a card terminal chirps and a sale goes through, a small slice of that purchase is quietly carved off and routed ...
Mugging is so yesterday. Thieves are asking themselves why go to all that trouble of snatching someone’s purse or wallet and risking bodily harm when all they need to do is to steal all the juicy data ...
Credit card processing scams come in all forms. They can be a phone call from an alleged merchant service provider saying your card terminal needs updating or an email offering rate reductions.
Business.com on MSN
How to accept credit card payments for small businesses
Accepting credit cards requires a payment processor like Square or Stripe, a merchant account, and hardware like POS terminals. Fees range from 1.5% to 4%.
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