New Scam to Steal Credit Card Info!

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Now that we have EMV chip cards to prevent fraud, the thieves have to come up with new ways to get our data. You may have heard about a skimmer, which pulled information off the mag stripe. Now the fraudsters have what is called a shimmer. And it is so thin that it becomes almost undetectable. A shimmer can be … Read More

Biggest Merchant Services Secret Scam – The “After You Sign Up” Scam

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Electronic Money Company has refused this increase for our entire portfolio of clients!!! The way 99% of processors out there play the game is to sign people up on a low rate and then once or twice a year increase rates and fees slightly and hope their clients don’t notice and don’t switch over to someone else. Eventually, the merchant … Read More

Have you heard about Amazon Go?

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Amazon bought out Whole Foods, so they are now in the grocery store business. They are beta testing a new concept called, “No Lines – No Checkout”. They have created technology where you, as the consumer, can sign up for the mobile app and enter your payment card information. When you enter an Amazon Go grocery store, you simply scan … Read More

A New Frontier for Merchants to Market and Capture Payments

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Payment Processing will be moving to the dashboard of your car. People spend on average 30 minutes driving or riding to and from work. Commerce is already conducted from people’s phones within their car while they are commuting to work. There is a huge market waiting to emerge, allowing payment processing from the car dashboard. Not only will we be … Read More

A chargeback scam every business owner should know about!

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The shift to EMV chip cards, designed to stop credit card fraud, happened in late 2015. To this day, consumers are still taking advantage of merchants who have not adopted this new technology, and winning chargebacks from unsuspecting merchants. “EMV chip technology has been rolling out to consumers and merchants in the United States. Visa chip cards protect in-store payments … Read More

Whatever it Takes

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“I am committed to doing whatever it takes. The die has been cast. I have stepped over the line. I am out of my comfort zone. The decision has been made. I won’t look back, let up, slow down or back away… I cannot be bought, compromised, detoured, lured away, turned back, diluted or delayed. I will not flinch in … Read More

A Difference of Attitude!

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A few years ago, I had the opportunity of attending a Chamber of Commerce meeting in Silver City, NM. It is a beautiful town of about 10,000 people nestled in the hills in southern New Mexico. Yes it was at one time a silver mining town and today the biggest employer is a copper mine, the third largest in the … Read More

Banks and Affiliate Partnerships for Merchant Services

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On the one hand a merchant services program is supposed to spin off a revenue stream to the bank. On the other hand the bank gets complaints from its customers regarding various merchant services issues ranging from: It makes the bank wonder if it shouldn’t just let their customers find their own merchant services solution? If your bank client goes … Read More