The compliance of holders of merchant accounts with Payment Card Industry Data Security Standards (PCI DSS) is critical for protecting consumers’ sensitive financial data. But a recent survey of 560 organizations has revealed a startling lack of PCI compliance regarding the management of merchant accounts. In 55 percent of cases where merchants gave adequate protection [...]
In order to bring attention to the highest interchange, or swipe fees paid for merchant credit card processing in the industrialized world, 7-Eleven store owners delivered a 1.7 million signature petition to US Congress members on September 30, 2009. Even though the petition represents the largest response for any public policy issue on record, Congress [...]
If you’ve been dealing with a challenged credit score, you can constantly overturn it but only if you take active steps to make it come about. That means you have to start from the practical side where all the fundamentals still apply such as paying your bills on time, paying down your debts and [...]
5 excellent ways to grow your business :
One. Get a site : the web will permit your business to reach a very enormous market, an international market. Not only is the exposure great but your site can reach these possible clients twenty-four hours per day, seven days every week. From large to small, getting [...]
Portable or wireless merchant credit card processing terminals can add a degree of flexibility to your business that wired models can have a hard time delivering. First, a little clarification: now that some mobile phones have the ability to perform credit card processing transactions, the term “wireless” might cause some confusion, so for the purposes [...]
In this latest round of reforms, there was no attempt to address interchange rates or other issues directly relating to merchant credit card processing. But, as a merchant, if not as a credit card user, you should still be aware of how credit card reform affects credit card issuers and subsequently credit card users so [...]
In today’s competitive business environment, it’s critical you give your customers many options to pay you for your products and or services. Setting up a merchant account so you can accept credit cards from your customers is one of the most, if not the most, important initial decisions you’ll make when you start a new [...]
When choosing a company for your credit card processing, there are three important questions you need to ask before signing on the dotted line.
1. Do they require a long term contract and charge cancellation fees? Most credit card processing companies require the merchant to sign a 2-3 year contract and will charge an early cancellation [...]
The time of online commerce has finally, fully arrived and along with it comes the issue of credit card processing. More and more businesses are going online, and more and more transactions occur through online commercial sites. But that means that more and more entrepreneurs are having to decide how they wish to handle order [...]
