As of 2018, signatures are no longer required for credit card purchases. The four major credit cards let go of the requirement for cardholders to provide a signature for purchases when using a chip-enabled card.
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.
The way we pay for things is changing. The wide availability of credit cards, debit cards, contactless payments, and online shopping has transformed our payment options.
As a small business owner, you may wonder if you can accept only debit cards or only credit cards. The short answer is yes, but there are rules you’ll need to follow and considerations before making that decision.
In the past, a business accepting a digital wallet payment was charged the same rates as they would be for accepting a physical credit card.
As a business owner, it’s important to stay compliant when you’re accepting and processing credit card payments.
It’s a case of a home improvement retail giant versus two network payment processing behemoths. In mid-June 2016, Home Depot filed an antitrust lawsuit in federal district court in Atlanta against Visa and Mastercard, alleging credit card security is inadequate and exposes retailers and customers to hacking.
Commercial Level II is a Visa interchange category used to calculate the interchange fee for card-not-present transactions made with a corporate credit card instead of a consumer credit card.
