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Authorize.net is a great gateway provider, but it’s not a credit card processor. It actually farms out its credit card processing to its parent company, CyberSource. It also charges higher fees for its gateway than some of its resellers. That means you can use Authorize, but get it (at lower prices!) through one of its …
Authorize.Net Credit Card Processing Fees – Get It Elsewhere Read More »
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The law (SB0316) requires that merchant service providers not owned by a bank calculate and list the effective rate for credit card processing on each monthly statement. What does this mean for Tennessee businesses and are businesses in other states affected? Information provided in this article is for reference only. If you need legal advice …
Tennessee’s Credit Card Processing Fee Disclosure Law Read More »
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The original Clover cash register is brushed aluminum with white accents, and a matching tablet display and receipt printer complete the basic POS hardware package. Many processors offer the Clover POS for $1,000 or less. While not cheap, the attractive design and convenient features have some businesses deciding that it’s worth the expense, while other …
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Martin, a small business owner in Massachusetts, was concerned about what the EMV chip card liability shift meant for his business. As he looked into it, he was met with lots of conflicting information, and was left thinking he needed to upgrade his processing equipment almost immediately or he’d face high costs or missed sales. …
[Case Study] The Grass Isn’t Greener: Business Owner Returns to CardFellow Read More »
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The card brands claim minimal impact on your customer’s checkout process while adding additional protection. But how does it work, and why should you care about the additional protection? Let’s take a look at what using Mastercard SecureCode entails and how it may help or harm your bottom line. What is Mastercard SecureCode? Mastercard SecureCode …
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But some of those clarifications have gotten lost in the noise as investors have rushed to Square (its stock jumped in the days following the first reports) and some began to predict that Visa will purchase Square. Before we jump to conclusions, let’s slow down and take a look at the facts. What Visa Really …
Is Visa Buying Square? The Truth About Visa’s Stake Read More »
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In this article, attorney Nate Baber from Aeton Law Partners, LLP explains exactly what to look for in your merchant contract and what to know before you cancel. Pull out your contract and take a look for these important pieces. The biggest concern most small businesses have with Merchant Processing Contracts (MPCs) is how to …
Early Termination Fees: Canceling Your Merchant Processing Agreement Read More »
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In this article, we’ll talk about what it is, how it benefits you and your customers, potential drawbacks, and how to use 3D Secure to ensure maximum security for online transactions. What is Verified by Visa? Verified by Visa (or VbV) is an advanced anti-fraud tool Visa offers to businesses. Similar to Mastercard SecureCode, it requires an …
How to Use Verified by Visa 3D Secure Fraud Prevention Read More »
