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MasterCard Adding BIN

November 17, 2017 | 0 Comments

MasterCard has recently announced that it is creating a new BIN (Bank Identification Number) for their cards. They will start issuing cards beginning with the number “2,” to supplement the existing 5 series of BIN numbers.     This not only expands the number of available cards, by creating additional secure and unique numbers, but also meets the need […]

Point of Sale Evolving

November 3, 2017 | 0 Comments

Point-of-sale (POS) systems are evolving, and merchants are moving to these systems in droves as technology makes them more accessible and cost effective.   New tablet and mobile products have made POS technology even more affordable and easy to use. In the past, POS systems were so cost prohibitive that only big retailers could afford them. Units ranged from $10,000 to $100,000, making it impossible […]

Credit Card Chargebacks

October 20, 2017 | 0 Comments

The EMV chip is the biggest trend in credit card payments. Merchants have been trying their best to migrate to EMV since the liability shift in 2015. However, a major roadblock has existed in the certifications of their systems.    While many merchants had new payment acceptance devices installed by 2016, they couldn’t accept chip cards because they were still […]

Combat Credit Card Fraud with EMV

October 6, 2017 | 0 Comments

Fraud has been an ongoing problem with credit card payments since the beginning, and it’s likely not going away any time soon. The use of EMV is the first step in combatting credit card fraud.     Other countries have had EMV credit cards for several years and, as a result, experienced dramatically reduced rates of credit card fraud. Face-to-face fraud has decreased […]

Prepaid Cards

September 22, 2017 | 0 Comments

The use of prepaid cards as a payment method has grown exponentially over the past decade. This alternative form of payment eliminates the need for a bank account, because funds are connected directly to a card. Unlike other types of cards that require a credit check, income verification, or bank account, prepaid cards are more easily accessible. […]

Apple Announces a P2P Service Tied to Apple Pay and iMessage

September 8, 2017 | 0 Comments

Apple recently announced the launch of a new money transfer service that will allow iPhone and iPad users to send and receive money digitally using iMessage. The new feature will be automatically included with Apple Messages in the company’s newest operating system, iOS 11, which will be available this fall.   The money transfers will be funded with credit or debit cards, but […]

Our Newest POS; Vantiv Mobile Checkout

March 22, 2017 | 0 Comments

Meet our Newest Product Vantiv Mobile Checkout Vantiv Mobile Checkout, powered by NCR Silver, is an all-in-one point of sale (POS) solution that makes it easier for business owners to market to customers, track sales and profitability, manage inventory and process sales onsite or at any location. Vantiv Mobile Checkout is a tablet-based, cloud-connected POS […]

March Newsletter Regulatory Accounting Assistance Program (RAAP)

March 22, 2017 | 0 Comments

In response to government regulations and the needs of our merchants, in 2012, our company developed and released the RAAP program.  Since implementation, this program has provided a seamless reporting tool for our merchants.

Everyone is Talking about EMV

March 22, 2017 | 0 Comments

Everybody is Talking about EMV Europay, Master Card and Visa

Train your Staff to Check Receipts CAREFULLY!

March 22, 2017 | 0 Comments

The old saw about  “I have some good news and some bad news… which do you want first?” is alive and well in processing world.  PCI (Payment Card Industry) has made some changes that allow a transaction to complete for a partial amount instead of declining which was the way things happened in the past.  […]