Archive for August 2018
What Do I Need To Know About PCI Compliance?
If you, as a merchant that offers credit card payments, do not know about PCI compliance, it can be vitally important that you rectify this as soon as possible. Any merchant that offers credit card payments needs to be PCI compliant. In order to be PCI compliant, it pays to know more about the regulations…
Read MoreHow To Minimize Chargebacks
Chargebacks are horrible for merchants. They are designed to keep customers safe from fraud and identity theft, but they can make life really difficult for your business. For one thing, they are non-expungable, so even if you and your customer resolve the matter, it stays in your bank file, leaving you susceptible to audits or…
Read MoreWire Transfer vs. ACH
Electronic transfers of funds is a practical means of moving money from one place to another. It’s safe, convenient and trackable. Two of the most popular and established ways to move funds electronically include wire transfers and ACH transfers. A wire transfer is a real-time way of moving funds and supporting data immediately between two…
Read MoreVisa’s New Chargeback Rules
Most people are sure they can’t fall victim to phishing schemes. They’re too smart for that, and they know better. But the most common – and effective – phishing method is to use the identity of someone the victim knows. After hackers compromise one person’s account, they can then contact everyone in their address book.…
Read MoreCredit Card Fees Explained
Credit cards are a paradox. They’re the simplest thing to understand: you buy something by presenting your card, take your purchase home, and pay later. At the same time, it’s almost impossible for some consumers to comprehend how they accrued so much credit card debt, and why it seems to keep increasing with every week…
Read MoreHow Do I Keep My Customers’ Information Safe From Hackers?
The word ‘hacker’ is a scary one. It conjures images of super-genius programmers breaking into your computer system, crashing it, and stealing all your money. In the movies, hackers frantically run their hands over keyboards and attack your system in seconds. In the real world, hacking is laborious and complex, and it takes far longer.…
Read MoreAm I PCI Compliant if I Have an SSL Certificate?
The Payment Card Industry (PCI) is a regulatory body that is recognized by card networks and payment processors. It has established a list of 12 guidelines sub-divided into 6 categories. Abiding by these recommendations ensures your customers can safely pay you via credit card. There’s no physical (or virtual) document to prove compliance. Having an…
Read MoreIncrease Your Sales by Accepting Credit Cards
Are you presenting the most convenient shopping experience for your customers? Modern era convenience encompasses so many things, such as online shopping as well as swift delivery. Even in brick and mortar stores, the shopping and paying process has been streamlined for extra convenience. This is most evident in credit and debit card acceptance. There…
Read MoreGive Your Customers a Better Shopping Experience
In some parts of the developing world, seeing someone take out a card to pay at the grocery store elicits groans. First off, the payment process is cumbersome. The customer has to produce ID, input their PIN, then wait for a manager to come so they can sign their receipt. Fortunately, card payments aren’t as…
Read MoreShould You Use Wireless Credit Card Processing?
Wireless card processing enables merchants to accept credit cards on mobile credit card readers, at any time at any location. Wireless card processing can utilize specialized mobile POS (point of sale) terminals, although merchants increasingly prefer wireless card processing services that are compatible with smartphones. Wireless card processing can be long-range or short-range. Long-range wireless…
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