3 Essential Things to Know About Chip Cards

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In the results of a telephone survey that collected data from 932 credit card holders, it was found that 70 percent of American credit card holders today shop with EMV technology-based chip cards. While it may have once just been a point of interest for proprietors with a penchant for keeping up with industry metrics, these days, being savvy about chip cards is highly important … Read More

Secure Your Business’s Online Transactions

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In an era where credit card fraud is prominent and an easier, more viable option for illegally obtaining money, it’s understandable that business owners are concerned about the security of their transactions. This is especially worrisome when a lot of your merchandise is sold online. With the integration of EMV chip enhanced credit cards, fraudsters are becoming more and more savvy with online credit card … Read More

ECommerce 101: Protect Your Business from Fraudulent Sales

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Fraud can happen to any business. It can lessen sales, decrease customer trust, and if it becomes a frequent issue, put a company out of business. However, there are a few things you can do to protect your business from fraudulent sales. Check out these helpful tips on how to prevent fraudulent sales within your business: AVS (address verification) When the shipping address for the … Read More

What is PCI Compliance and Why Do You Need It?

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For many of us, swiping our debit and credit cards is a simple task. We are able to make our payment for our merchandise and be on our way without a single thought after. However, have you ever considered the process the merchant has to go through for your payment to be made? Are you a merchant yourself? Do you understand what PCI compliance is … Read More

Scam – Flat Rate

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Bob’s new trick is an old one. His new rate is 1.69% and he says he won’t have any higher rates for keyed-in cards, rewards cards, or corporate cards (?). I think that Bob is either an outright liar or he is new to credit card processing and doesn’t have a clue what he’s talking about. Too bad the company he represents has such a … Read More

Scam – Is it Worth it to Switch?

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Bob’s favorite pitch still seems to be, “Let me do a comparison and I guarantee I’ll save you money.” Ask yourself if you want to save money if it is going to cost you more in other areas. Do you want to go through the hassle of doing a comparison, which will be in hieroglyphics instead of English, to possibly only save a couple bucks? … Read More

Scam – Rate Guarantee

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Bob’s new quote sheet has a guarantee. Let’s take a look. “We will not increase the qualified discount rate for 48 months.” Response to Bob – BS. How many cards are charged a qualified discount rate? Answer: not very many. Most cards today are debit cards and rewards cards, and then there are corporate cards, keyed-in cards… the list keeps going. Most processors have six … Read More

Scam – I Forgot to Read What was in Front of Me

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Bob from Brand X had written NO ETF (Early Termination Fee) near the signature line at a local car detail shop. But right above the signature line in the contract was the verbiage, “NO ALTERATIONS OR STRIKE-OUTS TO THE PROGRAM WILL BE ACCEPTED AND, IF MADE, ANY SUCH ALTERATIONS OR STRIKE-OUTS SHALL NOT APPLY.” And higher up on the page was a paragraph, “The Agreement … Read More

Scam – Your Machine is Out of Date

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This is a typical opener for Bob. But is your machine really out of date or does Bob just want to sell you a new machine or sign you up for an expensive new lease? Give us a call and double check Bob’s story before you get suckered into a lease on a new machine when your current machine is working just fine for you … Read More