Sunday, May 17, 2015

credit card processing solutions

Apply for High Risk Merchant Account Services today.

High Risk Payment Processing Solutions
CanAmPay merchant accounts - High Risk Credit Card Processing .
CanAmPay merchant account credit card processing services to businesses, working with not only traditional businesses but high risk and high volume businesses as well. CanAmPay is established with many International Business and Banking Services and will match your company with a Bank worldwide.
In order to provide the most effective and efficient credit card payment processing solutions to our merchants, we operate various business units dedicated to industry segments while working closely with our providers to determine which of the varied services in the market are best suited to their business needs.
Some of our accepted businesses:
Starbucks Still Faces Online Account, Gift Card Fraud
Fraud in Starbucks users' online accounts and gift cards remains a major problem for the coffee chain, with potential victims including those who have linked either a payment card or PayPal to their account, which can be used to transmit gift cards to others with a preloaded balance. The targeting of Starbucks accounts by fraudsters has been an issue for at least several years, and a forum post on the now-defunct Evolution marketplace indicates hackers may have acquired large numbers of Starbucks account credentials. Not long before Evolution's shutdown, a vendor commented "we are in the process of sifting through thousands and thousands of possible logins for Starbucks with balance." People frequently reuse login credentials on numerous Web services, which means hackers will attempt to use those stolen credentials to access other services. This is particularly risky for Starbucks accounts, given that customers can set their cards for automatic top-up from PayPal or a payment card. Offering two-factor authentication and halting the transmission of balances between cards are strategies Starbucks could use to fortify account security.
New York Grants License to ItBit Bitcoin Exchange
New York financial services superintendent Benjamin M. Lawsky has granted the first license to a Bitcoin exchange called itBit. ItBit is now accepting U.S. customers after receiving a banking trust charter from Lawsky and New York's Department of Financial Services. ItBit also announced it had secured $25 million in new financing. The exchange already has been operating in Singapore for foreign customers. Due to the extensive requirements for opening an account with the company, itBit is planning to focus primarily on larger investors and financial institutions. Customers will be able to buy, sell, and hold the digital tokens as an asset. "The technology behind Bitcoin and other virtual currencies could ultimately hold real promise, and it is critical that we set up appropriate rules of the road to help safeguard customer funds," Lawsky says. "Indeed, we believe that regulation will ultimately be important to the long-term health and development of the virtual currency industry."
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