How Credit Card Processing Works for Veterinary Offices
The last thing anyone wants to worry about when their pet needs medical care is a lack of payment options. Most people don’t carry the cash on them to pay for more expensive procedures, and it can cause even more stress on both sides if payments are tough. The average cost of vet care for […]
Four Major TRANSACT 2018 Takeaways
ETA estimates that 4,000 industry professionals converged on TRANSACT 2018 seeking innovative payments technologies, the latest security and regulatory developments, and of course, networking opportunities. National Merchants Association (NMA) recently sifted through the wealth of information TRANSACT 2018 generated to list four key takeaways from this year’s conference. 1. International commerce is shattering barriers Cross-border transactions […]
Expectations Run High For ETA TRANSACT
Every year, major stakeholders in the payments industry become laser-focused on one event: ETA TRANSACT. It’s the place for established players who want to expand their footprint and for newcomers who want to experience every aspect of the payments space. ETA TRANSACT boasts one of the busiest exhibit hall floors of any payments conference –– […]
7 surefire ways to sink your new business
According to Forbes, a new business has an 80% chance of failing within the first 18 months. Here are seven mistakes to avoid if you want your business to beat the odds: 1 Being overly optimistic about your new business Optimism is essential for success, but if an unrealistic sense of confidence is preventing you […]
Chargeback Relief Policy Ends April 2018
In 2015, Visa and American Express initiated chargeback policies designed to decrease fraud liability for merchants and acquirers during the EMV chip migration. The policy (which blocked all counterfeit fraud chargebacks of less than $25 and limited issuers to 10 chargebacks per account) was enacted in July 2016. The primary goal of the policy was […]
Ecommerce Storefronts Open a New Window
Ecommerce giants like Amazon are experiencing exponential growth while brick-and-mortar retailers continue to close physical locations. Why, then, would savvy online merchants attract customers by using brick-and-mortar window dressing techniques? The short answer is: because they work. We accept the following: Nearly every brick-and-mortar store’s front window displays a sign telling patrons which types of […]
Will mPOS Outgrow Micro Merchants?
Mobile point of sale systems (mPOS) are designed to be a good fit for micro merchants that don’t currently accept credit cards. These inexpensive credit and debit card readers integrate easily with smartphones and tablets and can perform transactions at hard-to-serve locations such as farmers markets, sports and concert venues, and school campuses. They not […]
7 Big Reasons to Shop Small
In between the frenzy of Black Friday and mania of Cyber Monday, Small Business Saturday stands out by offering customers unique products and a more relaxed shopping experience. American Express started the Small Business Saturday tradition on November 27, 2010. Since then, the Shop Small movement has gained considerable momentum – and there’s a good […]
Cyber Monday Shoppers Want Payment Options
Cyber Monday, a bonanza of online bargains offered by retailers ranging from big box stores to mom-and-pop merchants, racked up a whopping $3.39 billion in sales last year. Busting Black Friday’s $3.34 billion internet sales record, Cyber Monday 2016 was the busiest online shopping day in history, according to Adobe Digital Insights. Black Friday’s web-based […]
Upgrade Your Encryption Protocol Now or Risk Losing Business Later
Support will end for TLS 1.0 encryption protocol For millions of merchants, the path to compliance recently took a sharp turn when the Payment Card Industry Security Standards Council announced it would no longer support Transport Layer Security 1.0 (TLS 1.0) as of June 30, 2018. For merchants with stand-alone payment terminals, adopting the TLS […]