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When looking for the best merchant services rates, most business owners mean that they want the lowest possible pricing to take credit cards. For lowest total cost, “rates” isn’t the full picture.
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First Data Global Leasing, or FDGL, is the equipment leasing arm of processing giant First Data, now Fiserv.
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In October 2018, Mastercard began a phased revamp to its chargeback process, calling it the Mastercard Dispute Resolution Initiative (MDRI).
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Customer service upgrades are often hassles that take time and money, but one of the more unexpected and simpler ways you can boost customer service quality is with the right point-of-sale system.
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EMV fallback refers to a transaction where a customer uses an EMV (chip) card in a chip-capable terminal, but the transaction doesn’t go through as a chip transaction. Instead it “falls back” on magnetic strip technology.
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Visa Claims Resolution (VCR) is a chargeback management system that Visa rolled out in 2018. It’s designed to streamline Visa’s chargeback process.
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In 20+ years of running his landscaping and pond business, George Ruiz had seen it all when it comes to credit card processing. High rates? Check. Negotiating lower pricing only to see it rise again? Check. Good reviews that seemed questionable? Check.
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Both new and seasoned business owners may come across confusing terms when it comes to credit card processing. One such term is “merchant services.”
