All Posts by Ursula Librizzi

How to Get an Online Merchant Account

How to Get an Online Merchant Account

With the exception of choosing a credit card terminal, getting an online merchant account is no different from setting up a standard merchant account for brick-and-mortar use. The process is exactly the same, comprised of an application process and the submission of supporting documents. Acquiring an online merchant account is one thing, but its components and how they fit into the overall structure of online processing differ significantly from those related to a standard merchant account. Before we jump into the disparities, let’s do a quick review of the mechanics behind online merchant account processing. Online Merchant Accounts: How…

Are EMV Chip Readers Mandatory?

Are EMV Chip Readers Mandatory?

In the wake of the liability shift, many businesses that process credit cards and providers in the payments space scrambled to become EMV compliant. Since the introduction of EMV chip readers, there has been much back and forth on whether EMV chip readers are mandatory and whether they have any implications for certain parties. Below, we set the record straight for those still confused about EMV chip readers and their related requirements. EMV Chip Readers and Businesses Businesses that process credit or debit card transactions are not legally required to have a functioning EMV card reader in their store. So,…

How Accepting Credit Cards Can Benefit Your Business

How Accepting Credit Cards Can Benefit Your Business

Whether you’re just starting out or have been in business for years, you may be toying with the idea of accepting credit cards. Sure, getting started may seem daunting. You have to apply for a merchant account, purchase a card reader, possibly add on some additional software and, on top of all that, hope you have customers who want to pay by card. If you’re on the fence, we can say with confidence you’d be doing your business a disservice by not giving your customers the option to pay with a credit card. Coming from a Merchant…

PCI DSS Compliance Checklist For Businesses

PCI DSS Compliance Checklist For Businesses

Below, we outline the 12 items the Payment Card Industry Security Standard Council (PCI SSC) recommends, in addition to our own best practices, to meet PCI DSS compliance. We recommend thoroughly reading through the official quick reference guide from the PCI Security Standards Council for even more details. Some of these items may not apply to your business, depending on its breadth and size, but in a world where hackers are only getting smarter and technology is advancing daily, it's important to stay on top of safeguarding your business. PCI DSS Compliance Checklist 1. Install and maintain a firewall configuration…

How to Choose the Best Merchant Service Provider

How to Choose the Best Merchant Service Provider

Are you just starting your business? Do you want to expand to have an online presence? Does your business have multiple locations? No matter your current business size or the future you see for it, there’s a Merchant Service Provider that will fit your business. The challenge is how to choose the best one. In this post, we will discuss the ideal pricing plans and features you should get out of your Merchant Service Provider based on your business size. Merchant Service for Small Businesses Whether you’re just starting out or you run a mom-and-pop shop, it’s…