Small Business Loans Vs. Merchant Cash Advance
Many small businesses today need a solid amount of capital to expand and it is here that many businesses fail to achieve the desired results because they are unable to come up with the required amount of capital. However, with so many options available for merchant services today, it is not difficult to borrow a…
How To Enroll Visa/MasterCard Settlement Claim
In a recent court case, a group of merchants objected to the processing rates set by Visa and MasterCard, and issuing banks. In the lawsuit, it was claimed that merchant services end up paying a lot more fee for processing Visa and MasterCard payments because of an alleged conspiracy. However, in a 55 page long…
EMV Basics and Terminology
Euro MasterCard Visa (EMV) chip technology defines a global standard for credit card and debit card payments. The EMV technology makes use of embedded microprocessor chips which hold cardholder data and keeps it secure. In comparison to magnetic stripe technology, a cardholder’s data is more secure on a chip-enabled payment card. This is because chip…
Why Choose Cloud Based POS System?
Cloud based point of sale (POS) systems have become increasingly popular with various businesses including retail, restaurants, fast food, etc. The major reason of their popularity is that a cloud based POS system can be accessed from multiple devices and platforms such as smartphones and tablets for both iOS and Android devices. Whether you run…
How Do Chip-based Credit Cards Enhance Your Security?
EMV or chip-based cards provide added security for credit card processing and merchant account services. Modern point-of-sale devices will most likely remain with us for some time, and these devices require more secure credit card processing. Businesses such as those providing merchant services need to offer their customers easy modes of payment. Ideally, merchant account providers…
An Overview of Credit Card Processing Services
Credit card processing solutions are required by individuals, merchants and small and large businesses alike. Many banks and financial companies provide merchant services using EMV, wireless and dial-up terminals to merchants. The services can be availed by various businesses including credit card merchant services, merchant account services, and other such services. The technology used in…
EMV Benefits: It’s Not Just Security Benefits; it’s Much More than That!
EMV credit cards use an electronic chip that is built inside them. EMV provides superior security features for credit card processing and credit card merchant services. EMV uses advanced cryptography and digitally-signed payment data which makes the transactions secure. Advantages of EMV go beyond Better Security Aspects While EMV is mostly known for the advanced…
A Quick 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…
EMV Technology: Answering Some 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…
MerchantService.com Ranks Third Best Mobile Processing Firm
(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…
MasterCard Supports Smaller Businesses with Greater Transparency in Payments
PURCHASE, N.Y.–(BUSINESS WIRE)–March 19, 2014– MasterCard (NYSE:MA) today announced a new initiative to help smaller merchants create efficiencies in their operations by accepting electronic payments. The effort combines changes to the company’s U.S. region rules with best practices and insights developed from conversations with smaller merchants.
Doubts Emerge About Small Merchants’ EMV Readiness
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…
