A Quick Guide to Credit Card Machine Buying

June 16, 2014, by admin

A Guide to Credit Card Machine Buying

Credit card machines allow businesses to offer their customers with versatile and easy payment options. With multiple payment options, customers can make payments without any hassle. Credit card machines can support both credit and debit card payments.

Before purchasing a credit card machine, price details and specifications need to be taken into consideration. Going through the available photos and user reviews, if any, can help you immensely in making the right choice.

Choose Machines According to Your Business Needs

There are various factors that need to be taken into account before purchasing these machines. The credit card machine specifications need to be compatible with your current system and supported by your merchant account provider.
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EMV Technology: Answering Some FAQs

June 9, 2014, by admin

 

EMV Technology FAQs

EMV is a standard set of specifications for smart card payments and acceptance devices. The cards consist of built-in microprocessors which enhance the security of merchant credit card processing and other merchant account services.

EMV technology enhances security features of retail credit card processing services to a great level. We answer some common queries about EMV, the technology used in it, and other aspects.

Who introduced EMV?

EMV was introduced jointly by the card associations, namely, EuroPay, MasterCard and Visa. This was done for the standardization of credit card processing technologies across the globe.
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MerchantService.com Ranks Third Best Mobile Processing Firm

May 2, 2014, by admin

(PRWEB) May 02, 2014

topcreditcardprocessors.com Reports MerchantService.com as the Third Best Mobile Processing Firm for the Month of May 2014

 

The independent authority on credit card processors, topcreditcardprocessors.com, has named MerchantService.com the 3rd best mobile processing service for the month of May 2014. MerchantService.com was chosen based on their impressive performance in an in-depth analysis of the solutions they offer. While there are thousands of agencies offering a variety of solutions, the rankings consist of the best highlighted based on the results of the rigorous evaluation process.
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Doubts Emerge About Small Merchants’ EMV Readiness

February 27, 2014, by admin

Digital Transaction News
Feb. 14th, 2014

 

As Key Chip Deadline Looms, Doubts Emerge About Small Merchants’ Readiness

By John Stewart

 

With Visa Inc. and MasterCard Inc. digging in their heels on a key chip card deadline, payments executives are expressing doubts that all U.S. small businesses will be ready. “The short answer is no,” says Henry Helgeson, chief executive of Merchant Warehouse, a Boston-based merchant processor. “We still have a lot of work to do as an industry.”

 

In October 2015, the major card networks will shift liability for card fraud to the party that isn’t equipped to handle chip card transactions on the Europay-MasterCard-Visa (EMV) standard. While Visa and MasterCard appeared to some observers to be willing to back off somewhat on that deadline recently, both networks have confirmed the date in the wake of the massive data breach at Target Corp. and other retail chains.
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