Your Payments. Your Language.
Chances are you’ve heard of the cash discount program, but do you know how it can help your business? If you’ve ever wished for a way to lower your monthly fees, if processing fees are cutting your profits to nothing, the cash discount program may be just the solution for you! …read on to learn more.
The EMV (Europay, MasterCard, and Visa) chip and pin standards become mandatory on October 1, 2015 for all United States businesses that accept card payments. Businesses have less than two months to comply, and recent reports indicate that not only are businesses lagging to meet …read on to learn why.
The buzz surrounding the seemingly impromptu restoration of American and Cuban relations has been a constant, with the most recent update, as of April 2015, involving the official removal of Cuba from the US’s State Sponsors of Terror List. Businesses and consumers throughout the United States and Cuba are gearing up quickly to begin what is sure to be a mutually …read on to learn why.
All independent sales agents know the dedication and frustration that comes along with growing and retaining merchant accounts. You have to have thick skin, tenacity, flexibility, and stamina. But, while acquiring new merchant accounts or maintaining current accounts are challenges in and of themselves, the recent influx of sales reps, and even other payment service companies, into the market have made things more difficult by increasing competition. …read on to learn why.
With only several months until the mandatory deadline, the new Europay, MasterCard and Visa (EMV) chip and pin standards have been met with dismal compliance by U.S. merchants, and recent news reports that EMV could actually increase application fraud are not helping. The new EMV standards, which US businesses must comply with by October, are supposed to increase security against credit card fraud. …read on to learn why.
If you accept card payments, which
you most likely do, then you know you must file a Form
1099-K to the IRS; but what you may not realize is that
your payment processor can actually assist you with this
confusing document, as well as other mandatory tax
forms. Conversely, if you have a sloppy processor, you may find yourself in a world of hurt with the federal government…read on to learn why.