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First Data (now owned by Fiserv) and its sales channel Ignite Payments first began this practice back in 2017. 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, …
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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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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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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 Firstly, it’s important to note that POS software and POS systems aren’t the same thing, even though they’re …
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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 …
WordPress, Woocommerce, and Wix – What Should You Use? Read More »
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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? First things first …
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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 American Express’ merchant agreement includes an “anti-steering” clause that prohibits businesses from encouraging customers to use a lower cost card when they try to pay …
American Express Anti-Steering Supreme Court Case Read More »
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In this article, we’ll take a look at what Venmo is, current acceptance options, and the company’s plans for business acceptance to answer the question, “Can I take Venmo at my business?” What is Venmo? Venmo is perhaps the best-known app in the payments splitting space. Venmo was acquired by PayPal as part of Braintree. …
