by Scott Gibbens | Nov 11, 2022 | Credit Card Processing
If your business accepts payments from the government or other businesses, you are paying the highest interchange rates in the industry. By capturing additional information, a virtual terminal can recognize if a transaction qualifies for a lower rate, and...
by Scott Gibbens | Sep 17, 2022 | Credit Card Processing
On September 9th, 2022 it was announced that an international standards body has approved creation of a merchant code for gun retailers. This came following pressure from activists who say it will help track suspicious weapons purchases. This will allow banks that...
by Scott Gibbens | Apr 7, 2022 | Credit Card Processing
Changes to the Visa Utility Fee Program Visa is modifying the existing US Utility interchange fee program to provide differentiated rates for recurring bill payment utility transactions from non-regulated Visa consumer and Visa Business Debit and prepaid Products....
by Scott Gibbens | Mar 14, 2022 | Credit Card Processing
In recent years, reasons for not visiting the dentist has become more common among adults, for reasons that are less fear-based and more financial in nature. Of course we all want a bright, beautiful smile and healthy teeth, but the reality in the United States...
by Scott Gibbens | Feb 10, 2022 | Credit Card Processing
Picture this scenario: Every Friday, you go to your favorite pizza shop and spend exactly $20.00 for your favorite pizza. One week you arrive and the pizza now costs $20.70. The owner explains that the cost of doing business has increased over the years and adjusted...
by Scott Gibbens | Sep 14, 2020 | Credit Card Processing
As of April 30, 2020 the Verifone VX520 is considered end of life in the credit card processing world. It’s hard to believe that this machine, once considered the tank of the industry, will be obsolete in a few short months. I remember when these machines first...