By
Some people think that “high risk” applies to “vice” businesses – things like alcohol, firearms, and adult entertainment. While those often are high risk, they aren’t the only ones, and the reasons why have little do with processors’ opinions on the business. In this article, we’ll talk about industries that are considered high risk and …
By
There are several good techniques for fighting fraud, including biometrics and multi-factor authentication, but alone, they aren’t enough. Instead, payment providers and the card networks need to dig into the vast amount of payment information that’s produced every day to find patterns that indicate likely fraudulent activities. They can then use this data to find …
By
Let’s take a look at what you’ll need to do if you want to accept only one type of card. What is Visa Limited Acceptance? The Visa Limited Acceptance program allows businesses to choose to only accept certain types of Visa cards. As you can see from this excerpt from Visa’s Core Rules, a business …
By
For most businesses, the problem with ensuring optimal interchange is that it’s confusing, and your processor has no incentive to assist you. The time needed to learn the ins and outs of interchange in order to ensure you’re properly optimized is significant, and since the savings only benefit you, not your processor, you’re usually on …
By
Credit and debit card fraud cause losses in the billions. Anything that can reduce the impact of fraud will significantly improve confidence throughout the payments marketplace and save businesses money. One potential way to fight fraud is through the use of biometrics — your uniquely identifying personal features like fingerprints, voice, face, or eyes. Let’s …
By
We expect money transfers between buyers and sellers to take days, not minutes. But is that reasonable in a world where so much of what we do is instant? When we can get customer support, social media updates, responses, or communications within moments of our requests, why do payments take so long? Fortunately, this could …
By
Let’s take a look at what the lawsuit claims and what you can do if you process credit cards through Wells Fargo Merchant Services. Wells Fargo Lawsuit The lawsuit – Patti’s Pitas et al v. Wells Fargo Merchant Services – filed in August 2017 in New York, alleged that Wells Fargo charged unauthorized fees and …
By
One way that dental practices can become more efficient is through using good dental practice management software. Carestream Dental provides several dental practice management solutions. In this review, we’ll take a look at some of the options, explore features and functionality, and help you decide if it’s a good fit for your dental practice. Carestream …
Carestream Dental Review – Practice Management Software Read More »
