All Posts by Ursula Librizzi

Why Tokenization Is Better Than Point to Point Encryption

Why Tokenization Is Better Than Point to Point Encryption

Whether you’re a developer seeking an integrated payment solution or a business owner searching for a credit card processing partner, the security of cardholder data should be at the top of your checklist. When processing and storing credit card data via a terminal, the payment processing security standard can vary. Below, we compare the two current standards for securing cardholder data: point to point encryption and cloud-based tokenization. Point to Point Encryption vs. Cloud-Based Tokenization Point to point encryption (P2PE) encrypts data from point A, when a card is swiped or dipped in a terminal, until it reaches point…

How to Reduce Chargebacks With Remote Signature Capture

How to Reduce Chargebacks With Remote Signature Capture

Welcome to PJ University, where we teach you how to use PayJunction like a pro. Today’s lesson is how to capture remote signatures and reduce chargebacks. If you ever need to dispute a chargeback, you will have to show the credit card company your customer’s signature for the transaction. Merchants who use traditional terminals for card-not-present transactions have to fax forms to their customers to collect a signature, which is a hassle. But with PayJunction’s remote signature capture, it’s fast and easy. Here’s how to collect a remote signature. Let’s start by processing a…

7 Traits to Look for in a Smart Terminal

7 Traits to Look for in a Smart Terminal

In the wake of the liability shift, Smart Terminals have flooded the U.S. market. With the major selling point being EMV acceptance, many providers benefit as businesses continue to upgrade their equipment. However, a truly “smart” terminal goes above and beyond just accepting EMV. Here are seven attributes that make a Smart Terminal, well, smart. Recognition A Smart Terminal should not only accept EMV but should also recognize when a chip card is swiped. The smartest terminals have the ability to read all the magstripe data, which indicate whether the card supports EMV. The terminal will then reject the…

How to Read a PayJunction Merchant Statement on Tiered Pricing

How to Read a PayJunction Merchant Statement on Tiered Pricing

At PayJunction, we provide a detailed breakdown of our customers’ bills each month, which we’ll show you how to read below. For customers on Tiered pricing, transactions fall into three or four price tiers dictated by the risk or reward associated with the transaction — the higher the risk (e.g. keying in a transaction) or reward (e.g. an airline miles card), the higher the cost. The major benefit of Tiered pricing is its easy-to-understand structure. In the processing-details section of our merchant statements, you can see which tier each transaction falls into and the corresponding rate applied. Understanding…

How to Void or Refund Transactions With PayJunction

How to Void or Refund Transactions With PayJunction

Welcome to PJ University, where we teach you how to use PayJunction like a pro. Today’s lesson is how to void and refund transactions. To void or refund a transaction with a traditional terminal, customers would have to come to your business or you’d need to call them to get their credit card info. But, PayJunction has eliminated these steps – making it fast and easy for everyone. Here’s how it works. When choosing between voiding or refunding a transaction, voiding is usually the best option. Since it cancels the transaction before it becomes settled, it saves you…