PayJunction Blog

Real solutions to streamline your business.

Featured Resource: Assess Your
Merchant Statements

Ursula Librizzi

Three Types of EMV Non-Compliance Fees to Avoid

EMV or “chip” cards have become the US industry standard for credit and debit transactions made in-person at a business. There are now more than 1 billion EMV cards in circulation in the US, and in 2020, 73% of card-present transactions involved an EMV card being read by an EMV-capable terminal, up from just over half two years earlier. As a result, in-person fraud rates for counterfeit cards have plunged. According to a May 2019 report from Visa, merchants that accepted EMV chip-enabled cards saw a 76% drop in card-present fraudulent fraud.
Ursula Librizzi 7/27/2021 READ MORE
Interchange Downgrades: What They Are and How to Avoid Them

Many Merchant Account Providers charge unnecessary fees or have unfair contract terms and conditions, as reported in our unethical practices blog series. Some providers take it a step further by failing to educate business owners about how to qualify for the best transaction rates, which unfortunately results in “Interchange downgrades” that can really add up. Worse yet, some providers make so much money from these downgrades that they hide them in confusing line-item details on statements.
Ursula Librizzi 7/15/2021 READ MORE
Spotting Padded Interchange in Your Merchant Statements

Unfortunately, many Merchant Account Providers practice unethical billing and lie about the fees they charge you. Billing statements are intentionally complex to keep customers from finding hidden fees.
Ursula Librizzi 6/29/2021 READ MORE
Contactless Payment Rules: What Your State Mandates

There is a lot of information being thrown at U.S. business owners and operators right now. Despite the amazing efforts of these groups to quickly adapt so they can continue to serve their communities and customers in the wake of this pandemic, there is more to be done.
Ursula Librizzi 6/4/2020 READ MORE
EMV Card Reader: Why Yours Should Take Contactless Payments

In 2015, the United States saw a major shift in consumer payment methods from traditional magstripe cards to EMV-chip cards. This transition is referred to as the EMV liability shift. With the majority of U.S. consumers now paying with chip cards, the next wave of technology has rolled out and adoption is rising: contactless payments.
Ursula Librizzi 5/21/2020 READ MORE
Going Paperless: The Secret to Better Veterinary Business Management

As a practice manager, you care about maintaining a clean and orderly office so clients and patients have a comfortable experience and all practice records are accurate.
Ursula Librizzi 1/28/2020 READ MORE