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Credit card processing fees eat into restaurants’ bottom lines, and as owners look to lower expenses, many wonder, “Is it legal for employers to deduct the costs of credit card processing from servers’ tips?”
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Fleet cards go by a few different names. You may hear them called fuel cards, fleet cards, or a fleet-specific brand name, like Wright Express (Wex) or Voyager.
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Businesses using a Clover POS system have access to Main Street Insights (formerly Clover Insights) for detailed business analytics.
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A misleading diagram is becoming more popular on payment provider websites. It’s a “direct credit card processing” or “wholesale credit card processing” diagram, which shows two different options for securing a credit card processing solution.
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As ecommerce evolves and new threats emerge, one conversation in particular has started to dominate payment processing discussions: should a business outsource chargeback management responsibilities or manage issues in-house?
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Formerly called Charify, Maxio offers subscription billing services, allowing you to easily automate recurring payments if you can’t do so through your existing credit card processor.
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The first and most important thing many people fail to do when selecting a payment gateway is they don’t spend much time, if any, researching and evaluating gateways.
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Credit card skimming (or “shimming,” in the case of chip cards) is a form of theft by which credit card information is stolen with just a small bit of technology, typically installed at the credit card terminal. Thieves install “skimmers” or devices to read and save card information undetected.
