Articles
What You Should Know About the Recent Shift to Chip Cards
Most recent and upcoming American credit cards feature a new form of security named EMV technology. Otherwise known as ‘Chip Cards’, EMV, which stands for “Europay, Mastercard, and Visa,” is believed to drastically affect how credit cards are used and perceived by...
What to Think About When Switching Credit Card Processing Providers
As a business owner, it is important to increase profits as much as possible. There are many ways to cut back, but your credit card processing is something you must have to stay in business. Without it, you would not be able to accept credit cards from your customers....
Ways To Increase Customer Loyalty
Customer loyalty is one of the key indicators of business health. Losing even a fraction of your customers on a monthly basis may seem like a harmless, natural event but may suggest a more serious underlying condition. Here are 5 ways to increase the number of repeat...
Benefits of Upgrading to a Newer POS System
Among other benefits, a new point of sale (POS) system can make it easier to keep track of transactions and improve credit card processing speed. It can also help your company better serve its customers by analyzing past results to identify potential future sales...
Why You Should Use an EMV Compliant Terminal
Many cards in America today have magnetic strips at the back. When a customer makes a payment, the processing terminal reads the magnetic strip, using this information to charge the customer’s account. A new, more secure card, the EMV (Europay, Mastercard, Visa) card,...
Using a Tablet with Your POS System
If your business is like most others, you use merchant accounts to accept credit cards as a method of payment from your customers. Credit card processing is simply part of your business, and you may be using the same processing terminals and processes that you have...
Why Your Merchant Account Application Might Be Declined
In order to accept credit cards as a method of payment, you must have an established merchant account set up. In order to get one of these accounts, you must find the right service provider to work with and must complete a formal application. While many businesses...
How Pay at the Pump Transactions Work
As you might already assume, pump payment technology is extremely similar to technology used for basic credit card processing. These days, almost any given gas station provides its customers the option to pay for their fuel directly at the pump. The gas company...
Watch Out for Hidden Rate Increases in Your Merchant Account Statement
Have you noticed a hidden rate increase in your merchant account statement? Are your totals different than you expected? Here are the ins and outs of hidden rate increases on your merchant account statement. Banks Are Required By Law to Notify Merchants of Rate...
How the Switch to EMV Will Help to Limit Fraudulent Transactions?
A critical component to credit card processing is the terminal that is used at the point of sale. While there are various types of terminals that you may have access to through your merchant accounts, the EMV terminal is a top choice because of its ability to limit...