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...
by TScholl | May 28, 2015 | Credit Card Processing, Industry Changes
 Stiffer Competition Forces Credit Card Companies to Bank Hard on Consumer Brand Loyalty Cards While consumers seem to have a greater liking for brand loyalty cards, credit card companies are clamoring for such consumers. Branded cards offer consumers a greater deal...
by TScholl | May 22, 2015 | ACH Processing, Credit Card Processing, eCommerce
A Brief Introduction to Electronic Payment Systems As a small business owner (who may be selling online too), it
by TScholl | Dec 27, 2013 | Credit Card Fraud, hot news, PCI Compliancy
The Target Data Breach Low Down Who was affected? 40 million credit and debit card customers who had used their cards at any U.S. Target store between November 27 and December 15 2013. Target’s online website was not affected. What information was taken? Hackers...
by TScholl | Jul 24, 2013 | Credit Card Processing, hot news, Industry Changes
Are You Saving on the new Debit Card Interchange Rate? As of October of 2011 the new debit card interchange rate was implemented by the Federal Reserve as a result of what is called “The Durbin Amendment”. This amendment was tagged to the Dodd/Frank...
