The fact is, that the business of processing bankcard transactions continues to prove itself to be riskier and costlier as time and technology advances. The continued “globalization” of the card brands and cross border processing puts increased risk pressure on the industry, as increased numbers of people and opportunities for fraud and wrongdoing are exposed to this technology. At PTS we constantly scan customer transactions that may reveal inconsistencies, leading to detection of wrongdoing. We take the security of our trusted customer relationship very seriously, and are constantly updating our systems with additional security features to address these issues.
The article explaining a recent breach shows the type of security threats that exist. http://www.mckeay.net/2012/04/02/global-payment-systems-delisted-by-visa/
