What happens behind the scenes when you enter your credit card information online? Is it safe? For answers, I turned to the experts at Skipjack Financial Services, a Cincinnati-based company whose Canadian office is in Halifax. I know them well because my employees at Nicom IT Solutions often use Skipjack when they create web sites that have an online payment option.
The first thing the Skipjack folks pointed out is that online payment processing is not that much different from traditional credit and debit card processing. In fact, a large portion of the transactions that they process are from traditional devices, like point-of-sale terminals.