EMV & Smartcards: Modern Credit Card Technology
EMV chip cards were commonplace in Europe well before they made the leap to the United States. Nowadays, they’re ubiquitous.
EMV chip cards were commonplace in Europe well before they made the leap to the United States. Nowadays, they’re ubiquitous.
GoPayment is a mobile credit card processing service from Intuit that allows a user to process credit card transactions from an Apple or Android-powered device.
Square credit card processing isn’t a good fit for every business. It’s best suited for individuals orĀ businesses with low or sporadic sales volume or a low average sale amount.
Processors use PCI non-compliance fees as an expensive monthly reminder to prompt businesses to become PCI compliant.
PCI compliance is a set of rules for the security of credit card transactions. It’s split into 12 basic requirements grouped into 6 categories to help businesses and payment processors create and maintain a reliable, secure processing system.
Visa, Mastercard and several of the nation’s largest banks settled an antitrust suit with a group of seven million retailers.
Contrary to popular belief, PIN debit transactions incur more than just a flat fee, often making signature debit transactions cheaper to process. Understanding the ins and outs of debit card transaction fees will ensure you’re not losing hard-earned money pennies at a time.
A pos wats or pos wat fee is a communication fee that is charged each time a business’s credit card equipment dials the processor’s toll-free 800 number to get or give information.