Phoenix Legal Support Inc Is Moving Forward With PCI-DSS and EMV Compliance by October 2015

As of October 2015, merchants and acquirers - not card issuers - will bear the financial burden resulting from fraudulent use of counterfeit, lost and stolen cards. It's a risk that's only mitigated by demonstration and documentation of EMV compliance

Jul 07, 2015, 20:20 ET from Phoenix Legal Support Inc

BROOKLYN, N.Y., July 7, 2015 /PRNewswire/ -- Beyond the liability shift, EMV holds promise as an enabler of secure mobile and e-commerce payments, with attractive PCI (Payment Card Industry) DSS (Data Security Standards) related benefits for merchants. Those who implement EMV contact- and contactless-enabled POS devices may be excused from PCI audits and the costs associated with them, creating further incentive to adopt EMV.

Photo - http://photos.prnewswire.com/prnh/20150707/232609 

EMV is a globally accepted approach to payment security based on smart card technology. The contact/contactless EMV interface can be deployed in a card format that's similar to the roughly 1.5 billion credit cards in U.S. circulation today, as well as in mobile electronic devices such as smart phones. The EMV standard calls for the adoption of smart cards, which contain a microprocessor that enables transactions to contain a cryptogram that is unique on every transaction.

With such major advances in security features, combined with low rates in credit card processing, Phoenix Legal Support Inc has also integrated their services with Apple Pay as well as Google Wallet.

Furthermore, Phoenix Legal Support Inc is the only Merchant Processing Provider that provides wholesale rates for Veteran Owned Businesses as well as Minority Owned Businesses.

In association with JKS Consulting Group, Inc., Phoenix Legal Support Inc is also bringing advanced Business Development solutions to startups as well as large enterprise level corporations throughout United States.

About Phoenix Legal Support Inc

Providing various IT & Business Consulting. Focusing on Law Firm Business consulting but expanding to general businesses as well. Home of Wholesale Merchant Services & Business Funding. To learn more, please visit http://www.phoenixlegalsupportny.com/

Contact Information

Alexander Mirvis, President
info@phoenixlegalsupportny.com

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SOURCE Phoenix Legal Support Inc



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