Beware of new laws if your a seller.

[Ricky]

I have often been ask why we use Shopfactory, it's not because we have shares within it, but it is one of a very few ways you can build a shop and sell to people who buy via Credit cards.

Beware that if you shop asks your buyer to enter a card number & personal details, then sends the data to another department (eg your Shopping cart) then your breaking the law.

The only way of keeping legal now is for your shop to divert your buyer to a holding company eg Paypal, your bank, etc and then your buyer enters those card details on that site, not your own.

The reason these laws are now in use today is to prevent fraud, and help keep peoples details safe.

That is why though Shopfactory is not cheap to run for us, it does help to keep within these new trade laws.
Please read below.

PCI, DSS and CISP are the new acronyms on the block — if you are accepting credit card payments you’d better know about them.

Devised by AMEX, MasterCard and VISA these acronyms stand for a set of regulations shop owners online and offline have to follow when they store, process or transmit credit card data. Large fines loom otherwise.

Reading the regulations alone is enough to give you a heart attack. The good news is that ShopFactory eCommerce software makes complying easy.

If your thinking of operating an On Line Shop then beware of these new rules, I would not like to see anyone get fined for not working to them.
Ricky

[patsy]

If a processor is not compliant, then their merchant customers, in turn, may be violating their terms of the guidelines, potentially opening themselves up to fines, Litan said.

Heartland had been listed as under review -- but still compliant -- prior to Friday's announcement, but now Visa has removed the Princeton, N.J.-based company from its lengthy list of service providers compliant with the Payment Card Industry Data Security Standard (PCI DSS). It was unclear whether RBS also had been under review.