Credit Card Processing

Direct Credit Card Processing: Is It Better?

One option is through their company: a simple path where they connect you right to the card brands, often called direct processing. The other option is the more complicated route they say you can expect with their competitors: a multi-step process cluttered with middlemen. It looks something like this: The path that shows a shorter,…

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A misleading diagram is becoming more popular on payment provider websites. It’s a “direct credit card processing” or “wholesale credit card processing” diagram, which shows two different options for securing a credit card processing solution.

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Buying Groups

National Federation of Independent Business Review

Group Name: National Federation of Independent Businesses (NFIB) Industry/Specialty (if applicable): Independent businesses Number of members: 325,000+ Website: http://www.nfib.com/ Sections of its website are dedicated to news, including updates on government policies and acts related to business. It also provides articles on a range of topics of interest to business, including marketing, holiday trends, taxes,…

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The National Federation of Independent Businesses (NFIB) is an advocacy group for American independent businesses. It has a buying group component, but initiatives to promote and encourage business is definitely at its core, even evidenced in its tagline, “Protecting the Future of Small Business.”

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Buying Groups

Group Purchasing Solutions Buying Group Review

Buying Group Name: Group Purchasing Solutions (GPS) Industry/Specialty (if applicable): No particular industry Number of members: 1,000+ Website: http://www.grouppurchasingsolutions.com/   How does the group work? There aren’t too many details on GPS’ website about how the group functions. What information there is seems pretty straightforward: members receive discounts on services and products. Like most group…

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Group Purchasing Solutions (GPS) is a buying group based in San Jose, CA. It was founded in 2008. Unlike other purchasing groups which are dedicated to particular industries or niches, GPS accepts all types of members. There are no industry or location requirements to join.

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Security and PCI Compliance

Trustwave Security Solutions

Credit and debit card fraud is a multi-billion dollar crime industry, with issuers absorbing roughly 60 percent of the annual losses and businesses hit for the other 40 percent. Trustwave offers multiple services for businesses, but for the purposes of this article we’ll focus on PCI compliance and payment services. Introduction to Trustwave PCI Compliance…

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Cybersecurity firm Trustwave provides businesses with tools for data protection and risk reduction in the fight against digital crime.

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Credit Card Processing

Things to Consider When Choosing a Chargeback Management Company

If you are faced with this conundrum, there are several things you’ll want to consider. The 6 main areas to think about are: Do you need professional help? What will a chargback management company do? What kind of results can you expect? How will chargeback management software integrate with your current platforms? What is and isn’t…

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As ecommerce evolves and new threats emerge, one conversation in particular has started to dominate payment processing discussions: should a business outsource chargeback management responsibilities or manage issues in-house?

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Buying Groups

Innovatix Buying Group Review

Buying Group Name: Innovatix Industry/Specialty (if applicable): Medicine, Education, Business Number of members: 23,000+ This introduction video from the group explains further:   The group partnered with Premier, one of the largest medical group purchasing organizations in the industry, in 2002. In 2015, Innovatix launched its procurement services for businesses. How does this group work?…

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Innovatix is a purchasing group for healthcare service providers, K-12 schools, and businesses. It was founded in 1993 as a purchasing group for the Greater New York Hospital Association and changed its name to Innovatix in 1998.

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Buying Groups

Rewardli Review (Aka PerkHub)

Buying Group Name: PerkHub/Rewardli Industry/Specialty: Not applicable Number of members: 200+ The San Francisco-based startup has a small core team of employees. However, its size may belie its impact. Many investors think PerkHub has promise, and the company is a graduate of the famed 500 Startups accelerator. It boasts clients that include Google and American…

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PerkHub (formerly known as Rewardli, but with a website that still uses both names) is a network of white-label perks and buying solutions. The company has an online portal into which buyers log in and make purchases.

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Uncategorized

4 Ways Your Business Can Save Money This Holiday Season

This year, the National Retail Federation estimates holiday retail sales to increase 3.6% from 2015 to a staggering $655.8 billion. With so much cash changing hands this holiday season, one can easily assume this means more profits for the average business owner. However, for some businesses, this will not be the case. Holiday deals, increased…

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The holidays bring increased sales, but also increased expenses.

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