payment-card

BRUSSELS — The U.S. said Friday it would go ahead with a complaint against China at the World Trade Organization over restrictions on foreign payment-card firms like Visa Inc. and American Express Co.

U.S. Takes China to Task Over Cards John W. Miller 2011

U.S. trade officials say the Chinese payment-card business, valued at hundreds of billions of dollars a year, is central to U.S. interests.

U.S. Takes China to Task Over Cards John W. Miller 2011

The payment-card information itself is sent through the usual card-processing channels for authorization.

Akamai unveils payment card tokenization service Ellen Messmer 2010

BEIJING—The U.S. government is pressing China to end a state monopoly over its booming payment-card business and open it to foreign competition.

U.S. Card Companies Shrug at China's Monopoly Dinny McMahon 2011

Akamai Technologies Monday announced a service that can take sensitive payment-card information input from e-commerce merchants and others and hide it using a scrambling method known as tokenization in order to reduce liability under the Payment Card Industry data security standards.

Akamai unveils payment card tokenization service Ellen Messmer 2010

But if the payment-card number is received by the online merchant in a scrambled form, the merchant in theory would not be facing the issues associated with keeping human-readable card information from being wrongly exposed.

Akamai unveils payment card tokenization service Ellen Messmer 2010

European cards use a microchip and a unique identification number, sharply reducing payment-card fraud inside Europe.

Europol Chief Sees New Roles for Agency Stephen Fidler 2011

He says payment-card criminals in Europe have been using America's low-tech card market to cash in on their criminal activity.

Europol Chief Sees New Roles for Agency Stephen Fidler 2011

Without tokenization, the payment-card information would be sent to an e-commerce merchant in a human-readable form that would require the merchant to protect it using the various methods proscribed under the PCI Data Security Standards rules, such as encryption.

Akamai unveils payment card tokenization service Ellen Messmer 2010

Small businesses like City Newsstand don't typically record the names and contact information of their customers and payment-card companies discourage businesses from keeping credit-card data.

Hackers Shift Attacks to Small Firms Geoffrey A. Fowler 2011