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 | May 20, 2015 | ACH Processing, Credit Card Processing, Electronic Payments, Industry Changes
Where is the Electronic Payments Industry Headed? The $5 trillion payments industry is growing at a fast pace. With the technological evolution, there has been a significant rise in online payments, allowing customers to pay anywhere anytime. Judging by the pace at...
by TScholl | Apr 30, 2015 | Credit Card Safety, eCommerce, Electronic Payments, Industry Changes
Retailers Must Be Ready for EMV by October 2015 or Risk a Liability Shift! The Payment Networks’ Liability Shift linked to EMV (EuroPay, MasterCard, Visa) is expected to come into effect in October 2015 in the United States. A great step for credit card...
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...
