More About Electronic Merchant Services – High Risk Merchant Services
Electronic Merchant Services has been helping merchants with their credit card processing since 2001. For the past 7 years they have shifted the focus of business to High Risk Merchant Services. EMS understands the process better than most sales offices and agents out in the field. Communication The one thing that really sets us apart […]
Payments in a Pandemic
Biggest Issues Merchants Are Still Facing as the Pandemic Continues On Who knew this would be how 2020 played out? It is cliché now to say that we did not see the tumultuous effect that COVID-19 would have on the world when the year began. Even in March when things were locked down, no one […]
Understanding Fraud
Understand How Fraud Is Occurring in Your Business Here are 4 simple steps to review in your business to discover how fraud is finding its way into your systems. Review current fraud settings in payment platforms Do you have systems optimized to alert you when something is potentially fraudulent. For example, are your reading the […]
Conducting An Audit of Your Payment Systems
Taking payments always seems like it would be straight forward and easy. You have a product and your customer hands over cash for that product. That should be the end. More than half of sales have payments in the form of a credit or debit card. Those are digital transfers of money. As you may […]
3 Steps to Finding the Right Merchant Processing Account
Your incoming payments are your biggest asset (hopefully) and most payments today come in by credit card. Over 50% of payments received were by credit and debit card, according 2019 data report from the Federal Reserve Bank of San Francisco. Smart business owners know the 3 steps to finding the right merchant account and making […]
Top 4 Challenges Today’s Business Owners Face
Conducting business through a pandemic will have some definite repercussions. Do you know what challenges to address, especially ones that can cost you your bottom line? challenges that business owners today will face These have been identified as the top four challenges that business owners today will face. Increased disputes Increased fraud attempts Lost sales […]
Are You Thinking about Converting Your Business to Cashless?
Many businesses today are finding it easier to go cashless. Most businesses already no longer accept checks. Businesses often take cash and credit for goods and services, but most online businesses only accept digital payments. Have you wondered if going cashless is right for you? Here are some things to consider before making the change: […]
5 Tips on How to Spot Credit Card Fraud
If you are taking payments card-not-present transactions in your business, either over the phone or through your online shopping cart, you have likely experience credit card fraud. Over 80% of fraud happen in card-not-present situations. In some business models, this is the only way to take payments, so how do you protect yourself? As a […]
Mobile Payment Solutions
Do you feel like everything is changing at a speed that you cannot keep up? Are you having to change business practices to meet new customer needs? One big change that we are seeing is the need for flexible and mobile payment options. Some have moved to online payments with a curbside pick-up option (mostly […]
Use the Address Verification System (AVS) to Help Prevent Fraud
Payment systems have gotten much more complicated in the last 20 years. This will continue to happen as fraud prevention tools are becoming more sophisticated and complex. One fraud prevention tool that is important for all credit card transactions is AVS. AVS stands for Address Verification System. The card brands (Visa, MasterCard and Discover) require […]