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Change in Card Brand Signature Requirements Took Effect As of April 14, 2018, the requirement for obtaining a signature on in-store sales transactions is now optional with Visa®, MasterCard®, Discover® and American Express® in the U.S. and Canada. (Discover and...
5 Ways to Reduce Everyday Business Data Security Risks
As a business owner are you keeping an eye on everyday data security risks? Running a small to medium size business means your customers probably have a never-ending to-do list, and it's easy to let payment data security fall to the bottom of it. Businesses that keep...
Safe-T in Business – Deepening Data Safeguards
Whether businesses are prepared or not, data breaches happen. There were 1,080 breaches involving a total of 1.7 billion records exposed between January to October 2017. Regardless of size or transaction volume, any business that processes payments at a point of sale...
How to Accept Credit Cards Online, In-Store or Anywhere
Choosing a company that helps you accept credit cards can be challenging, and there are several factors to consider before selecting a service. To find the most convenient and least expensive route between your customer's credit card and your bank account, you want to...
What Are Credit Risks for a Business?
Owning a business is a risky situation. Not only do you have to manage your own business finances, but you have to be aware of entering into risky business situations with customers who are credit risks. Bradstreet, a company that manages over 140 million credit...
How to Protect Your Business and Win at Chargebacks
Chargebacks can have big financial consequences for merchants. In fact, penalties and fees are often charged by banks and card companies in order to persuade merchants to limit their chargeback frequency. And while a merchant who has a chargeback rate of greater than...
Mobile Payment Trends to Watch out for in 2017
The latest advancements in mobile technology led to the introduction of convenient services, such as mobile payment systems. Smartphones have gone beyond the call of duty, as businesses and banks are now leveraging the Internet of Things (IoT) to expand their reach...
Best POS Systems 2017
Your POS system is the lifeline of your operations. But choosing a POS system can quickly become overwhelming. So we did the leg work for you to help you find the right POS system for your business. From traditional POS systems (POS stands for point of sale, by the...
How Our Virtual Terminal Can Change Your Life
A virtual terminal is an online payment processing platform that operates as a link between your computer and the processing-powers-that-be. With our cloud-based system, you can operate your business from anywhere, and you gain all of the operating functionality that...
Do You Really Need a Merchant Account?
The Statistics According to the U.S. Census Bureau, there will be a projected 181 million credit card holders living in the country this year. That’s over half the population. I could get into even more detail about the numbers, but it’s pretty obvious that if you...