Credit Card Processing

Visa and the Contactless Transit Payments Market

That’s why Visa’s new entry into the contactless transit payments marketplace is so exciting. We’ve all seen the queues at turnstiles and ticket windows. Systems like Oyster on the London Underground, Suica in Japan, and Calypso in Europe have revolutionized how people get around. These contactless micro payment cards simply debit a small amount from […]

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When it comes to public transportation and commuting, passengers are looking for one thing above all else — speed. As city populations grow, public transit is coming under pressure to move as many people through the system as quickly as possible.

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B2B, Credit Card Processing

What is First Data’s Comm Card I/C Savings Adj?

First Data and its sales channel Ignite Payments announced a new service. It’s called the Commercial Card Interchange Service, and the goal is to help you reduce interchange fees on certain transactions made with a commercial credit card. In exchange for helping you save money on commercial transactions, First Data/Ignite takes 50% of the reduction […]

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If you’re seeing a line on your processing statement labeled “COMM CARD I/C SAVINGS ADJ” or “COMM CARD INTCHG SERVICE,” you’re probably wondering what that is.

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Credit Card Processing, Security and PCI Compliance

Transaction Security for the Holiday Season

It’s a huge opportunity to beat sales forecasts, but fraud can quickly eat into the revenues generated. Data breaches are on the rise, and, while you see the increased holiday traffic as a way to be nice to customers, hackers see it as an opportunity to be naughty. Protecting customer information and securing financial transactions […]

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The holiday season is upon us, and with it comes an increase in customer traffic and purchases. More than 164 million consumers planned to shop on Thanksgiving weekend alone, according to the National Retail Federation, while a Deloitte survey found 51% of that spending will be done online.

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Credit Card Processing

Square Cash for Bitcoin

Jack Dorsey, the founder of Twitter, is also the founder of Square Cash and serves as CEO of both companies. It was on Twitter that these customers announced the existence of the new feature, bringing it to public attention. Bitcoin prices soared after the Square Cash project came to light. What does it have to […]

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Bitcoin is booming, and other companies want to capitalize on the cryptocurrency’s appeal. One such company is Square Cash, which recently began allowing certain customers to buy and sell the alternative currency.

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Credit Card Processing

Free POS System – What’s the Catch?

In some cases, it’s simply that there’s a limited feature “free” version, while in other cases, you’ll be required to use additional services such as signing up with a particular credit card processor. POS Software vs. System Free POS Options Credit Card Processing with a POS System Proprietary POS Systems How do “free” POS companies […]

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You know the saying: there’s no such thing as a free lunch. Yet some companies promote “free” POS software or systems, so what’s the catch?

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Credit Card Processing, ecommerce

WordPress, Woocommerce, and Wix – What Should You Use?

There’s also an abundance of online website building services that provide ecommerce options. Services like SquareSpace, Weebly, and Wix provide sophisticated templates, an easy-to-use interface, and integrations that make setting up an online store quick and easy. Finally, you have the ubiquitous WordPress. As the most popular website publishing and content management platform in the […]

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When it comes to selling products online, ecommerce entrepreneurs have never had more choices —  from specialized ecommerce services like Shopify or Volusion through to bespoke ecommerce websites, there are plenty of options for online retailers.

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Credit Card Processing

What is the NACHA API standardization?

Now the governing body NACHA – formerly known as the National Automated Clearing House Association – aims to change that by launching the API Standardization Industry Group (ASIG) to develop an “API Playbook.” Let’s take a look at what API standardization would mean and how it would function. What is an API? Using APIs What […]

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While application programming (APIs) have long been basic components of communication between different apps, there is not yet standardization for them.

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Credit Card Processing, Legal

American Express Anti-Steering Supreme Court Case

The court heard arguments in early 2018 and ruled in late June. Let’s look at the arguments on both sides and the results of the case. Ohio v. American Express The States’ Argument American Express’ Argument History of the Case – Lower Court Rulings How Ohio v. American Express Could Affect Your Business Results of […]

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You may have heard that a case involving American Express went to the Supreme Court. The case, Ohio v. American Express, determined whether businesses are allowed to suggest customers use lower cost credit cards when paying for purchases.

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