by TScholl | Oct 22, 2015 | ACH Processing, Checks, Electronic Payments
ACH, Paper Checks, eChecks, Electronic Payments? Confused Yet? The terms “ACH” and “eChecks” are mentioned quite a bit in electronic payment circles. They have lead to some confusion in what they really mean. Is there a difference...
by TScholl | Oct 14, 2015 | ACH Processing, Checks, Electronic Payments
Businesses Must Ditch Paper Checks to Save BIG on Transaction Costs. The high costs of check transactions are prompting finance professionals to steer away from paper checks for a majority of their business transactions. Recent research from the...
by TScholl | Oct 8, 2015 | Credit Card Processing, eCommerce, Electronic Payments
It’s Good to Check On Your Credit Card Processing Rates Before The Holidays! The Holiday Season is around the corner. It’s a time of increased sales and for many retailers, “it’s their best time of year!” Sales over the holiday season are crucial...
by TScholl | Oct 2, 2015 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, Industry Changes
Yes! EMV Will Cause Card Fraud to Move Online. October 2015 is going to be an important, eye-opening month for retailers. It’s the deadline for merchants to upgrade to EMV compliant card reading machines, or else they’ll be responsible for any...
by TScholl | Sep 24, 2015 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, Electronic Payments, Industry Changes
Faster Electronic Payments Could Help or Hurt Fraud. With newer payment technology, electronic payments have become much faster, more so for ACH and eCheck payments. Where ACH was taking 2 or 3 business days to process, it will only take a day at most starting 2016....
by TScholl | Sep 17, 2015 | ACH Processing, Checks, Credit Card Processing, eCommerce, Electronic Payments
Set up Your Business to Receive Payments, the Right Way! Do you have a Checklist to Setup My Business to Receive Payments the Right Way? Over the many years that I have been in the Payments Industry, many new business owners have asked me this question. Well, here is...
by TScholl | Sep 11, 2015 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, Industry Changes
EMV Liability Shift is Almost Here! What if You are Not Ready? The upcoming EMV deadline is almost here with October 1, 2015 about 3 weeks away. Big box retailers, such as Target and WalMart, have already made the shift in accepting EuroPay MasterCard...
by TScholl | Sep 3, 2015 | Credit Card Fraud, Credit Card Safety, Industry Changes
Is Stolen Customer Data Really a Huge Problem? With the rising incidents of hacking, you are forced to think if we are living in an epidemic of data breaches, with no safety for bank accounts and financial details. A number of laws protect consumers from any...
by TScholl | Aug 20, 2015 | ACH Processing, Checks, Credit Card Processing, eCommerce, Electronic Payments
Best Ways to Accept Payments From Your Customers When it comes to finding a solution for accepting payments from your customers, it is important to consider the type of your business and the way you conduct business operations. For example, are you a...
by TScholl | Aug 14, 2015 | Credit Card Processing, Credit Card Safety, eCommerce, Electronic Payments
What is a Chargeback and How Can you Reduce Chargebacks? In simple words, a chargeback happens when a customer disputes a credit card charge with their bank and instructs the bank to reverse the credit card charge. The customer disputes a credit card...
