by TScholl | Aug 7, 2015 | eCommerce, Electronic Payments
 What’s Next for PayPal? Finally, PayPal has split from eBay to become a single entity, which the former says had blocked its revenue potential and masked PayPal’s value. After the split, PayPal will face some tough challenges from strong competitors – Amazon...
by TScholl | Jul 30, 2015 | Credit Card Processing, Electronic Payments
Reduce Credit Card Processing Costs When Shopping for a Merchant Account Provider. A processing fee is charged when you accept credit cards in your business, from setup to processing. Unfortunately, the processing fee is not the same for all providers. While...
by TScholl | Jul 23, 2015 | ACH Processing, Industry Changes
Same Day ACH Rolling Out in Phases in 2016, 2017, and 2018 At the moment, most ACH (Automated Clearing House) payments are settled on the next business day. There are many scenarios where businesses and consumers could benefit from same day ACH...
by TScholl | Jul 16, 2015 | Credit Card Processing, Electronic Payments, Industry Changes
Point of Sale (POS) is Changing; Here are the Details. Point of sale (POS) is evolving, with a number of very interesting changes taking place in the payments industry. With cannabis sectors, as well as others, implementing this system, which they can find more out...
by TScholl | Jul 9, 2015 | ACH Processing
Merchants Can Reduce Payment Processing Costs by Using eChecks (ACH) Instead of Debit Cards. There has been a significant change in the way we used to make payments, with the introduction of new ways to pay bills, from paper checks to ACH and eChecks to credit...
by TScholl | Jul 2, 2015 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, Electronic Payments
Improve Business Cash Flow With e-Payments Using Commercial Cards A business can benefit significantly with the integration of a commercial cards program into its electronic payments strategy. Besides improving processes, a business can experience lower payment...
by TScholl | Jun 25, 2015 | Credit Card Processing, Credit Card Safety, PCI Compliancy
Payment Tokenization Has Significant Benefits for Merchants and Retailers. Payment tokenization is the process of securing online payments and safely processing them. It is an efficient solution to secure credit and debit card data at different points in the...
by TScholl | Jun 18, 2015 | eCommerce, Electronic Payments, Industry Changes
EMV Will Lead the Way to Electronic Payments Security Come October 2015 and the much touted EMV liability shift will come into force. The liability shift will make issuers and merchants using non-EMV compliant devices liable for any fraudulent transactions made...
by TScholl | Jun 11, 2015 | Credit Card Safety, Electronic Payments, Industry Changes
 Recently, Google launched its new payments system called Android Pay on mobile to compete with Apple Pay. The new system, which is more like a re-branded Google Wallet, resembles Apple Pay in its working and sobriquet. Android Pay and Apple Pay are both basically a...
by TScholl | Jun 4, 2015 | eCommerce, Electronic Payments, hot news
Did Deceptive Advertising Cause PayPal to be Fined $25 million The Consumer Financial Protection Bureau (CFPB) has slapped PayPal with a fine of $25 million for allegedly illegally signing up customers to its credit service, without seeking their...
