New Mastercard Rules Applying to Negative Option Billing
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New Mastercard Rules Applying to Negative Option Billing

If you want the long and short of it: All the new Mastercard rules really do is ensure transparency in offerings like free trials. For merchants whose business practices are one hundred percent transparent and up-front, the changes probably aren’t going to affect your business at all. But there is a tendency for merchants to...

Posted by November 14, 2018November 14, 2018
Good Business Analytics And Reporting
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Good Business Analytics And Reporting

Business analytics and business reporting are your road map. You can afford to wing it on a road trip, sure. You can just see where the highway takes you, but the thing is you can get maybe fifteen, twenty, thirty miles on four dollars of gas depending on what kind of car it is that...

Posted by October 31, 2018October 30, 2018
MLS and Merchant Planning with CRM for the Holiday Shopping Boom
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MLS and Merchant Planning with CRM for the Holiday Shopping Boom

In the retail business, for more companies than not, the holiday season is a very busy time of year. The period stretching from Thanksgiving to Christmas accounts for about eleven percent of the average retailer’s annual earnings, while making up less than eleven percent of that retailer’s business hours for the year. And that eleven...

Posted by October 24, 2018October 23, 2018
Poynt Smart System Review
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Poynt Smart System Review

The point of sale eco-system is a strange beast. There is constant innovation. Every day they are developing new ways to pay, and every day, the rollout is encumbered by any number of things. It could be legislation and regulation that wasn’t ready to adapt to this new technology and it needs to be corrected...

Posted by August 8, 2018August 31, 2018
Limited Acceptance Merchant
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Limited Acceptance Merchant

Limited Acceptance: managing debit-only card acceptance for businesses with specific compliance restrictions.  Certain industries, such as collection agencies, consumer lending, auto finance, and others, are subject to accept debit cards only. For debit-related payments, the card brands mandate the debt to be paid without accruing more debt, such as using a credit card. Limited Acceptance...

Posted by August 1, 2018August 25, 2018
Visa Debt Repayment Program: What You Should Know
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Visa Debt Repayment Program: What You Should Know

  Visa’s Debt Repayment Program allows qualified lenders to benefit from lower interchange. We don’t really think of credit cards as a lending program, but that’s what a credit card is. You buy something by taking a little money from a third party, and then a month later, you pay it back with interest. That’s...

Posted by July 25, 2018August 25, 2018
Mastercard Consumer Loans Program
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Mastercard Consumer Loans Program

What is a credit card company but a lender? We don’t really think of them that way, we think of a credit card account as something like a debit account, just one that we pay later, after we’ve made our purchases. Or like delayed spending, we pay an extra little fee so that we don’t...

Posted by July 18, 2018August 25, 2018
Signature Requirement Changes
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Signature Requirement Changes

Signing for credit card purchase seems like something from an earlier time. Your transaction is all digital, but it’s not complete until they hand you a little scrap of paper for you to write your name on like a contract? It feels a bit odd that this is still how we’re doing things in the...

Posted by July 11, 2018July 30, 2018
Benefits of ACH Payments
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Benefits of ACH Payments

The most obvious reason to offer eCheck payment processing at your place of business? Because it’s just one more way of accepting payments. Some customers swear by their Paypal card, others like carrying cash, and there are those that like the eCheck system. We all have our personal favorite way of paying for things. Maybe...

Posted by July 4, 2018July 24, 2018
eCheck Payment Processing Offers a Flexible Payment Option
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eCheck Payment Processing Offers a Flexible Payment Option

A lot of business owners who get into legal trouble, they weren’t trying anything sneaky, they weren’t up to no good or knowingly breaking the law. More business owners than not are honest, hard working people. It’s not hard to find examples of people who are just trying to make a quick buck and don’t...

Posted by June 27, 2018July 24, 2018