Credit cards are a great way to access money, especially for small, growing businesses. But they also come with a lot of risk. Normally, there are personal credits cards used by individuals daily for routine transactions like buying groceries, household appliances, filling gas, etc. However, there are also business credit...
Credit Card fraud can happen to anyone. Some business owners may think that it may never happen to them. Other business owners just might not have credit card fraud at the top of their mind when going through your everyday business transactions. These business owners only then think of how...
In even more EMV related news, Wal-Mart is suing Visa over resisting the use of PIN-based transactions. Walmart, along with other U.S retailers, are pushing for their payment partners to allow customers to use PINs rather than signatures to help prevent counterfeit card fraud. Wal-Mart has also stated that they...
Payment news outlet, Pymnts, reported earlier today that small retailers are now starting to see the downside to failing to make the shift to EMV. This puts those retailers in a very precarious situation as many the retailers who didn't make the shift did so because the cost to upgrade...
Finding a card machine that fits all of your business needs can be a daunting task. Navigating through the maze of options that you are presented often leads to frustration. This post is meant to help guide you to the best solution to your search. Whether you are a one-person...
Visa announced on Tuesday at the Electronic Transaction Association’s TRANSACT 16 event that they will be launching Quick Chip for EMV, a simple software update that makes for quicker EMV processing and faster checkout times. The update is free of charge to processors, acquiring banks, and merchant services to give to their...
1. Insufficient Cash When a business fails, insufficient funds are one of the main causes. Some businesses, usually Startups, overestimate how much income they will receive and underestimate how many bills they will be liable to. Be sure you are able to distinguish between cash flow and sales. Avoid cash...
1) BE EDUCATED Schedule some time to dig around and find out more about credit card processing and figure out if you are comfortable with the rate that you are comfortable with the rate that you are paying and why you are paying that amount.To help with your information search...
After almost a year of Apple Pay availability, Android Pay is finally joining the battle. Android Pay will be bringing out the big guns, as the battle for new payment technologies heightens. With new features and upgrades to its predecessor Google Wallet, Android Pay hopes to give Apple Pay a run...
Apple Pay is great for anyone-- more so those who tend to be a little forgetful like myself on occasion. I will forget just about everything except my phone which is in my hand about 90% of the time I am awake. Not only is Apple Pay easily accessible, the...
