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Andrews Pick & Mix is an online UK retailer that needs to enhance
a reliable debit/credit card processing service
Finance & Accounting
Pages 10 (2510 words)
Running head: Financial Regulation & Supervision Financial Regulation & Supervision Insert Name Insert Grade Course Insert Tutor’s Name 22 March 2012 Financial Regulation & Supervision Introduction Andrews Pick & Mix is an online UK retailer that needs to enhance and ensure it puts in place a reliable and versatile debit and credit card processing service, which would consequently go a long way in helping its business operations.
Andrews Pick & Mix Options Andrews Pick & Mix should seek to put in place relevant PCI DSS compliance measure according to its level of operations, and accept to offer credit and debit card payments, which would go a long way in enhancing its online retail business. Credit and debit card services are advantageous in that, they enable the business to verify and accept payments from a variety of major debit cards, credit cards, traditional checks, and electronic checks. The business is also able to accept payments from anywhere, since transactions are processed online at any remote location all over the world given internet connectivity. Moreover, the services will enable entry of information manually incase sales and purchases are done in physical retail outlets. Andrews Pick & Mix would also be able to get protection from fraudulent activities that are rampant in transactions made over the internet. ...
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