Everything You Need To Know About American Express Serve
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Everything You Need To Know About American Express Serve

American Express recently announced that they’re selling the Serve platform that they developed to InComm, giving InComm distribution rights for the prepaid card platform. The reports are saying that the deal should go through sometime in the first part of 2018 (it may have even been completed by the time you read this). So, if...

Posted by December 21, 2017January 15, 2018
What Are Chargeback Reason Codes?
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What Are Chargeback Reason Codes?

When you’re looking through your point of sale system, you will find that every card will have its own chargeback reason code and its own names for codes. However, they’ll all more or less cover the same concerns. If you’re looking for a handy resource for chargeback reason codes, the information we’ve provided below should...

Posted by December 14, 2017December 30, 2017
Stripe vs Paypal : Which Is Better?
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Stripe vs Paypal : Which Is Better?

Stripe vs. Paypal. Today we explore the differences between the two payment platforms. Which one’s right for you? Well, the short answer is Paypal. Paypal is used by just about everybody, it’s a long-established brand, it’s what most of your customers are carrying in their wallets. If you want the no-brainer option, go with Paypal. You’ll...

Posted by December 5, 2017December 24, 2017
A Look At First Data’s Clover POS System
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A Look At First Data’s Clover POS System

For many businesses, First Data is the brand for credit card processing.  First Data serves more than six million locations around the world. The second best in the industry, Chase Paymentech, serves just one million. First Data has been around since 1969, and they really are the no-brainer option if you just want to use a...

Posted by October 4, 2017December 28, 2017
A Look At POSLavu
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A Look At POSLavu

When you have young children, they tend to have their own way of talking when they’re still learning how the English language works. Today we will look at the system POSLavu. That’s where Lavu’s quirky name comes from: Developer Andy Lim’s child coined the term, a toddler’s abbreviation of “I love you.” Lim probably chose the...

Posted by August 30, 2017December 28, 2017
How to Choose a Reliable Merchant Account Service Provider
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How to Choose a Reliable Merchant Account Service Provider

Before starting any online business, owners need a merchant account service provider to be able to accept certain payment methods. Very well, but what is a merchant account exactly? A merchant account is a special type of bank account allowing people to send and receive funds through certain means of payment (bank card, credit card,...

Posted by August 16, 2017January 2, 2018
Does Your Business Need High Risk Card Processing?
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Does Your Business Need High Risk Card Processing?

There’s no shortage of problems when you’re running a business. Not being able to process your customer’s credit cards can cost you so many sales that you’re driven out of business. Almost no one carries checks or more than a modest amount of cash. Many people rely on using their debit or credit cards to...

Posted by April 12, 2017December 28, 2017
High Risk Credit Card Processing: What Every Merchant Needs to Know
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High Risk Credit Card Processing: What Every Merchant Needs to Know

Banks and credit card processors retain the right to determine which merchants they wish to work with. Some merchants find they are deemed high risk by these organizations, and this may occur for a number of reasons. The bank or credit card processor may label them high risk due to poor credit or because of...

Posted by April 5, 2017December 28, 2017
Interchange Charges and Card Fees
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Interchange Charges and Card Fees

Most people have a pretty clear understanding of how credit cards work. By putting items on a card they can have more purchasing power by paying the balance later. In essence, it’s a small loan from a bank and several other financial entities. Banks and other creditors charge fees for processing these transactions. There are...

Posted by February 16, 2017December 28, 2017
MCC Code Rewards Points
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MCC Code Rewards Points

Consumers today are searching for the best ways to save money on the products they buy daily or weekly. Credit card rewards programs are an excellent way they can do that. Companies also realize that rewards programs create loyal customers and are willing to pay shoppers for the purchases they make that they might otherwise...

Posted by February 14, 2017December 28, 2017