With 80% of online shoppers using credit cards, you can’t afford NOT to take credit cards. Did you know that merchants offering credit cards as a payment option increase their profitability by estimated 50%? With the inherent advantages involving credit card processing, should you really go with your initial instinct and choose the cheapest option? […]
It is amazing to me how many different sized businesses still are not accepting credit cards as a form of payment, and do not know about other value-added products. Many business owners I have talked to that do not accept credit cards at their business seem to have the same two objections. The first reason […]
The EMV Standard and Payment Security In the UK, the migration to EMV technology has reduced fraud with payment security in face-to-face transactions since EMV adoption in 2003. The EMV standard operates with EMV-compliant cards (which have embedded chips instead of magnetic stripes) and EMV-compliant POS terminals. The chips require a PIN entry for a […]
The credit card companies have been hard at work coming up with programs to entice consumers to spend more and travel more this holiday season. With the uncertain economy, shoppers are holding on to every penny and looking for the best deal possible. It’s no wonder that the credit card companies and banks have begun […]
Housing Rescue Bill Today’s economy gives new meaning to the phrase what goes around comes around. The new Housing Rescue Bill has turned into the Salem Witch trials for merchants and the payment processing industry. The Housing and Economic Recovery Act of 2008 was intended to help homeowners on the verge of bankruptcy and foreclosure and […]
