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Get the latest news and information about credit card processing.
Signs That May Indicate POS Employee Theft Is Occurring
There are all kinds of businesses that accept various payment forms. They take cash, credit/debit cards, checks, and online payments. Whenever money is exchanging hands, unfortunately, employee theft can occur. Of course, most business owners like to think that they hire honest, hard-working, and respectable workers, but sometimes, a rotten egg can slip through the […] read more ⟩⟩
What Causes Chargebacks?
Chargebacks aren’t something any merchant wants to see. It means a payment you thought you were getting has gone away, and the company that paid you will usually demand fees for both coming and going. Merchants generally want to avoid giving out refunds or comping their products or services, but chargebacks are particularly bad because […] read more ⟩⟩
The Face May Be a New Key to Payment
Identity confirmation is one of the most basic forms of security when it comes to payment processing. When it comes to big purchases through a credit card, it’s always in the best interests of both the customer and the retailer to ensure that the right credit card is in the right hands, and a voluntary purchase […] read more ⟩⟩
The Virtual Color Of Money
Over the past fifty years, payment methods have changed drastically. This has also changed the idea of prosperity for many people, including both consumers and business owners. Part of this transition has also allowed for commerce to continue bolstering the national economy, and the ability to accept a variety of payment methods does contribute to […] read more ⟩⟩
Checking It Twice
Although the electronic age has changed many ways that individuals and businesses handle their finances, the foundation for accounts and banking has still remained intact. The biggest difference is that electronic data has taken the place of physical pieces of paper, although the manner in which the transfer functions is just a simplified version of […] read more ⟩⟩
Why Do I Not Need a Pin Pad Any More?
For the last decade or more, those who have a debit card have grown more than familiar with the payment process – swipe the card, punch in the PIN number, and complete the transaction. But merchants in recent years have begun to realize that a PIN pad may not be needed. In general, the PIN pad is […] read more ⟩⟩
Understanding Merchant Account Reserves
It doesn’t occur very often, but there are times when a merchant will find that some of their sales deposits cannot be released to them because they are being held in an escrow account called a reserve. The reason some monies are held in reserve is due to the fact that when a processor […] read more ⟩⟩
