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HSBC outage
The recent outrage over the latest HSBC PSP problems has highlighted that 100% is not always guaranteed in the world of payment service providers which is why we would advocate looking at a second, backup option for collecting and processing online payments.
With PCI compliance becoming ever more of an issue, utilising PCI compliant PSPs will be more and more likely, and therefore more reliance will be placed on these services. Hence the need to ensure maximum stability and reliability.
The three main PSPs that we would recommend are WorldPay, PROTX and Secure Trading.
Please contact any of the teclan team for more information on this issue.
Read more about the HSBC crash here: http://www.theregister.co.uk/2008/03/31/hsbc_epayments_badness/
Published in April 2008 newsletter
