Repeal the Durbin Amendment?

In 2017, CNBC noted that Republicans planned to drop a proposed repeal of the Durbin Amendment. Additionally, financial and political publications have reported on the possibility of expanding provisions to cover credit cards, not just debit cards. In 2022, Forbes published a piece suggesting that expansion to credit cards is a bad idea and that …

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Rhombus Review – Text to Pay

Note: As of 2023, Rhombus appears to no longer be in business. We’re leaving this article for historical purposes, but it will no longer be updated.   Powered by Stripe, it offers a dedicated number for accepting text payments at both for-profit businesses and non-profit organizations. Additionally, it provides a messaging platform for customer feedback …

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Complete Red Carpet Software Review

The software integrates with processors and POS systems to provide detailed reporting in several categories related to payments. If your current processor’s reporting options aren’t giving you the information you need, a third-party option can provide greater insight. Let’s take a look at Red Carpet’s capabilities, costs, and reviews. Red Carpet Software Capabilities Chargebacks Interchange …

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PayPal Alternatives

Founded in December 1998, PayPal is a worldwide online payments system that operates as a payment processor, money transfer, and other electronic payment services. It’s a leader in the industry, with millions of active accounts. But PayPal is not without detractors. Some customers complain of account freezes or unhelpful customer service, while others find it …

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Qualified Integrator and Reseller (QIR) Requirements

But, as Digital Transactions notes, there’s still confusion about who must be certified, and what the  requirements actually are. Here’s what you need to know. This article focuses on the new QIR requirements. For details about PCI compliance and validation, including Visa’s Technology Innovation Program (TIP) validation exceptions, please visit: PCI Compliance is Required. Visa’s …

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