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What Is Tokenization?
If you’ve been to an arcade, you’ve likely dealt with tokens. When you enter the arcade, you trade legal tender for tokens, which can be used to play at the arcade but have no value outside the establishment. If you win a game, you earn tickets to cash in on a prize of your choice. But you can’t use the tickets elsewhere, they have no value outside the arcade.
Christina Lavingia
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How to Key in a Transaction With PayJunction
Welcome to PJ University, where we teach you how to use PayJunction like a pro. Today’s lesson is how to process a credit card by keying it in.
Christina Lavingia
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5 Businesses Share Their Tips for a Paperless Office
Going green is about more than one’s self-esteem. For businesses, reducing their environmental impact and going paperless brings significant financial and efficiency benefits. It’s not surprising, therefore, that 49 percent of CEOs surveyed claimed sustainability ranked among their top three business initiatives, according to Nitro.
Christina Lavingia
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How to Process a Transaction Using the Smart Terminal
Welcome to PayJunction University, where we teach you how to use PayJunction like a pro. Today’s lesson will show you how to process a transaction with the Smart Terminal.
Ursula Librizzi
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What Causes Interchange Fluctuation?
If you’re on an Interchange-plus rate plan, you pay the wholesale cost to run a transaction (known as Interchange) plus a provider markup. The wholesale cost is determined by the card brands (Visa, MasterCard, Discover and Amex) and accounts for the risk or rewards associated with the card.
Christina Lavingia
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What Defines PCI Scope?
Whether you’re a player in the payments space or a business processing credit cards, you’ve heard of Payment Card Industry (PCI) compliance. With the intention to optimize security around credit and debit card transactions and protect cardholder information, all parties involved in facilitating a transaction fall within PCI scope. This includes any system components connected to the cardholder data environment (CDE).
Ursula Librizzi
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