Buying Groups

The Alliance Buying Group Review

This review is part of our directory of buying groups/group purchasing organizations.  Buying Group Name: The Alliance Industry/Specialty: Medical/Optical Number of members: 2,600+ Website: https://www.thealliancebg.com/ How does this group work? When you join the Alliance, you’ll have access to custom pricing through partner vendors, and can take advantage of the Alliance’s customer service. Notably, the Alliance…

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The Alliance is a buying group located in Illinois and catering to the medical field, specifically optometry and eye care. The primary focus is on lowering purchasing costs, though other advice and assistance is also available, including professional marketing programs, social media management, and website development services. Its website includes links to the Vision Council and American Optometric Association, though it’s not clear if those are partners of the Alliance or just listed as resources. The group also lists upcoming events relevant to optometrists and those in the medical field.

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Buying Groups

Introduction to Buying Groups and Group Purchasing Organizations

As a small business owner, money is always at the front of your mind. Reducing expenses and smart financial management are essential to success. There are dozens of ways to shrink expenses, from minimizing your credit card processing fees to automating common tasks. One option you might want to consider is joining a buyers’ group…

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You may have heard of group purchasing organizations (GPOs) or buying groups, but what are they and how exactly can they help your business? A buying group is an organization made up of small businesses that band together so they can negotiate as a larger group with vendors to receive better pricing and terms on goods and services.

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Credit Card Processing

MasterCard’s Merchant Location Fee

Stay Informed We’ve updated this article several times and will continue to do so. Follow us on Twitter or Facebook for the latest news. Please let us know in the comments how you’ve been charged this fee. What is a Merchant Location Fee? When will I be charged the Merchant Location Fee? What does the Merchant…

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In keeping with the steady flow of fee increases from the card brands, MasterCard has (very) quietly announced it will begin charging businesses an annual “merchant location fee.”

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Credit Card Processing

7 Common Misconceptions About Chip Cards

At CardFellow we’ve heard it all, so we decided to address these myths and misinformation to help you make the right decision for your business. Chip cards are the next evolution of card-based payments, and it’s important to understand the differences between chip and magnetic stripe cards. If your business still hasn’t upgraded to accept…

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It’s been a few years since the deadline to upgrade POS, cash registers, and credit card machines to accept chip credit cards, but there are still a lot of misconceptions about what exactly this upgrade means and even why chip cards are beneficial.

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Credit Card Processing, Security and PCI Compliance

PCI Compliance for Mobile Devices

When using a smartphone, tablet or other mobile POS system, these same standards apply. In addition, specific mobile payments standards apply. In this article, we’ll go over concepts regarding payment security and remaining compliant when processing cards. Security Risks of the Digital Age The Costs of Non-Compliance What to Know About Mobile Compliance Approved POI…

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If you’ve taken credit cards in your store, you probably know that PCI compliance is required. The Payment Card Industry (PCI) set forth a Data Security Standard (DSS) it requires adherence to from any business that processes, stores, or transmits payment card data. But did you know that PCI compliance applies when you take credit cards using your smartphone with a card reader, like Square or PayPal Here?

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Credit Card Processing

Square Capital Partners with Upserve

Square Capital and Upserve How does it work? What’s in it for Upserve? For Square? Should I accept a Square Capital Offer? Am I eligible? How do I apply? Competitors Square Capital and Upserve In mid-August, 2016, Square Capital announced an alliance with Upserve, the restaurant management software company that purchased Breadcrumb earlier the same…

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Square entered into the world of marketplace lending a little over two years ago through its Square Capital (Square Cap) program, offering funding to businesses that process credit card through Square. Square’s success with lending has led to a broadening of the program to include the first of several partner companies whose customers may now qualify for similar financial assistance.

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Credit Card Processing, Security and PCI Compliance

PCI Qualified Security Assessors, QIRs and PCI DSS Compliance

Let’s look at what the requirements are, and how you can become and stay compliant. The Acronyms Level 4 Merchants New Visa QIR and PCI Validation Requirements Requirements in Detail The Acronyms When it comes to credit card security, a dizzying list of acronyms like PCI, QSA, and QIR have even the most savvy business…

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January 31, 2017 marks changes to security requirements for small businesses. Specifically, you’ll need to validate PCI compliance and ensure that you’re only using qualified companies (QIRs) to install and provide tech support for your POS system. Not meeting the requirements has many possible repercussions. In addition to opening your business up to security breaches and hacks, you could be fined by your processor or lose your merchant account.

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Credit Card Processing, Security and PCI Compliance

Discover Information Security and Compliance Program

Before we get into Discover’s specific rules, you’ll need to make sure you’re compliant with PCI DSS – This is an agreed set of requirements for everyone involved in the credit card system. You can check out our article on PCI compliance if you need more information. Meeting PCI DSS standards is essential, as that’s…

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If you process credit cards (whether face-to-face or online) you need to be fully compliant with the guidelines and regulations for credit card security and processing. In this article we’ll be exploring the Discover Information Security and Compliance (DISC) Program.

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