Chargeback Prevention Tips to Prevent Credit Card Fraud at Your Business! It is hard for customers who sign a receipt to win their chargeback.  The merchant has the advantage because the signature proves to the card processor that the customer did purchase the product or service.  Most credit card disputes or chargebacks are card-not-present transactions.  When you receive a chargeback, it is of utmost importance … Read More

Beware of an older credit card terminal called a Verifone Vx520 It has aged and is not comparable to newer technology.  It is being shut down as an end-of-life device by its manufacturer, Verifone. I am Gingergaye from Electronic Money Company Merchant Services.   What does End-of-life mean?  It means that it  will keep working until it experiences a glitch.  At that point, the terminal … Read More

Boost Your Bottom Line: The Power of Gift and Loyalty Cards In today’s competitive market, staying ahead means employing every tool at your disposal, and gift and loyalty cards are potent allies in driving revenue to your bottom line. Let’s unpack why these cards are indispensable assets for businesses of all sizes. Gift Cards Boost Sales: It’s a proven fact – customers tend to spend … Read More

Most merchants think getting a lower overall rate is the only way to save money on credit card processing fees. If you are one of those, listen up on how to become more savvy and beat the credit card salesperson at this game, especially if you are an auto dealer or a restaurant. First, the only rates you can negotiate are the percentage, the transaction … Read More

Signing up with a credit card processor marks a pivotal moment for any business. It’s a step towards convenience, efficiency, and accessibility in handling transactions. Square, among others, has simplified this process, allowing businesses to sign up online without the need for human interaction. But what lies beyond this seamless onboarding process? What happens when you need to speak with a real person? For many, … Read More

Reduce your credit card processing fees by 75%! I’m Gingergaye with Electronic Money Company merchant services. Surcharging is fast becoming the preferred program most chosen by merchants! Even more significantly, it is fast becoming the expected behavior that customers are used to when paying for products and services. Why? Because surcharging is the best program to reduce your rates and fees on payment processing. Here … Read More