By
Using a tablet for a POS system provides mobility and a seamless platform for both sales and inventory management. You can take it with you on the go, or use it in a restaurant to take orders or payments tableside. Note that some tablet POS system makers offer bundles that include a tablet and the …
By
While credit card theft and other common types of fraud are decreasing because of EMV chip cards and new security technology, low-tech friendly fraud is on the rise. Remember, EMV cards don’t provide any additional protection for you or customers in ecommerce transactions. If you run an ecommerce website, it’s worth knowing about the tools …
The Rise of Friendly Fraud – and What You Can Do to Prevent It Read More »
By
This Braintree vs. Stripe review will cover a number of different facets of the two services to help you make the right choice for your online business. What are online payment gateways? A payment gateway is the technology that allows you to take payments online. Gateways are integrated into ecommerce stores to authorize card payments, …
Braintree vs. Stripe: Which is Better for Online Payments? Read More »
By
When is AVS used? Address Verification is used in all kinds of credit card scenarios. It’s common in ecommerce and other card-not-present transactions, as those transactions have fewer alternative means of verifying a cardholder’s identity. But AVS can be used in person, too. AVS is also one component in qualifying for enhanced data (level II …
By
Interchange downgrades aren’t exactly a fun topic, and they can be a little complicated to explain. However, there are very real costs associated with them, and too many downgrades means throwing money down the drain. Fortunately, downgrades are an avoidable expense. The issue is that a processor’s expertise is required to recognize and address downgrades. …
Credit Card Processing Downgrades at Interchange Read More »
By
Maybe it doesn’t even feel like a choice. You need money to make money; any aspiring small business owner knows this to be true. But who is going to give you a loan with less than stellar credit or no collateral? And, who has time to go through a loan approval process? Click, click, click …
By
CPS Rewards 2 is the Visa interchange category that is used to calculate the interchange fee for card-not-present transactions and keyed card-present transactions involving a credit card or regulated debit card that produces rewards for the cardholder, such as cash back, or airline miles.
By
Signature Preferred Retail is the Visa interchange category that is used to calculate the interchange fee for card-present transactions involving a credit card that produces rewards for the cardholder.
