PayJunction Blog

Real solutions to streamline your business.

Featured Resource: Assess Your
Merchant Statements

Why You Should Get Online Statements

If you’re still receiving your monthly merchant statement by mail, you’re doing yourself (and the environment) a disservice. Technological advancements have improved the transfer of information, yet so many business owners still opt for paper merchant statements.
Ursula Librizzi 10/25/2018 READ MORE
What Are E-Commerce Payment Systems?

E-commerce payment systems are softwares that facilitate the authorization of online payments. These systems are typically comprised of a shopping cart provider, a Payment Gateway and a Merchant Service Provider that work together to provide a fully functioning e-commerce platform.
Ursula Librizzi 10/18/2018 READ MORE
How Retailers Can Reduce Risk and Ease PCI DSS Compliance

The retail industry is one of the most targeted industries for cyberattacks and data breaches. In fact, research shows that retail suffers more data breaches than the financial services, insurance and hospitality industries. Cybercriminals and hackers target retailers because they know they can easily get their hands on consumers’ personally identifiable information (PII), especially payment card data.
Tim Critchley 10/9/2018 READ MORE
Understanding Credit Card Authorization

Cardholders ultimately give businesses credit card authorization to request funds from their accounts. Authorization requests start when cardholders key in, swipe or insert their debit or credit cards through traditional credit card readers or Virtual Terminals. After waiting three to 22 seconds, depending on the business’s card reader speed, the transaction will either be approved or declined.
Ursula Librizzi 10/8/2018 READ MORE
4 Tactics to Increase Your E-Commerce Conversion Rate

If you sell products or services on your website, there’s probably one question that’s always at the forefront of your mind: “How can I get more people to buy my products?”
Sam Bocetta 10/4/2018 READ MORE
How Swiping an EMV Card Cost One Business $5,368

The 2015 liability shift transferred the financial responsibility for chargebacks resulting from incorrectly processed EMV transactions away from the card brands and onto businesses. Although this shift occurred a few years ago, many businesses still use non-certified EMV terminals or rely on outdated swipers due to cost constraints, antiquated providers and lack of pressure to adopt new technology.
Christina Lavingia 10/2/2018 READ MORE