Finance and dentistry. At one glance, they seem to be poles apart but on second thoughts, there is an underlying relation between the two. When a dentist is running a clinic, he is accepting payments for his treatment and thus comes the link. With credit cards mostly dominating the payment mode today, it’s likely that
Over the last decade plastic money has gained rapid popularity. From only a handful of merchant account companies in the early 2000s to the wide array of processors available now, credit card processing has truly come a long way. Since there is a wide range of choices available, it is important to choose with caution
BluePay Receives MasterCard Data Integrity Award for Second Consecutive Year NAPERVILLE, IL (May 12, 2016) – BluePay, an innovation leader in the card payment industry, is honored to announce that they have been named a recipient of the MasterCard Data Integrity Compliance Program Award for 2015. This marks the second year that BluePay has won
Apple Pay was released to the public in fall 2014, and it was noted as being the great white mobile hope. The kind of service that was going to ensure mobile payments were a dream come true for millions of people all around the world. However, reality came crashing down. According to the quarterly
EMV payment processing EMV |i , em , vē| noun. a global standard for credit and debit payment cards based on chip card technology, taking its name from the card schemes Europay, MasterCard, and Visa – the original card schemes that developed it. (Level2Kernal)
Friendly Chargebacks: Friend or Foe? “Friendly chargebacks” are a recent epidemic infecting innocent merchants, especially after the holiday season. The contagion: buyer’s remorse. The supposed remedy: “friendly chargebacks”. The term refers to the regretful buyer issuing a “harmless” fraud alert to repair their self-inflicted consequences of overspending. But it’s not harmless – a friendly chargeback
Buying-and-‘Cell’ing: Evolving Mobile Payments The payment processing industry is on its way to playing a new leading role in the United States: mobile payments. Within the next two years, mobile commerce is forecasted to make up half of all digital commerce revenue in the U.S. (Gartner). That means that as much as 50% of all
The Visa FANF fee looks like it’s here to stay, at least for the moment. Imagine government walking into your business and demanding you have to lower the prices on certain items you charge your customers. Essentially that is what happened to Visa when big brother tried to regulate the interchange system. When the Durbin
Have you ever noticed a PCI Compliance fee or worse, a Non-PCI0 Compliance fee when looking at your merchant processing statement? Over the years, we’ve heard about this topic from many merchants and business owners that wanted clarification of why they’re being charged this PCI Compliance fee or if there was something small businesses could
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