PayJunction Blog

Real solutions to streamline your business.

Featured Resource: Assess Your
Merchant Statements

What’s Better? Monthly vs. Daily Discount

When searching for a Merchant Account Provider, you’ll want to consider your billing cycle options. Sometimes it's personal preference, but more often providers ultimately decide the frequency of your billing cycle for you. It’s important to understand your options and the impact they may have on your business. For your convenience, we compare monthly vs. daily discount.
Ursula Librizzi 4/11/2017 READ MORE
What Is an API?

The adage, ‘Don’t reinvent the wheel’ is simple. If the work has already been done, don’t waste your time duplicating it. That very idea is the core reason why APIs are so successful today. Many software companies are very good at what they do, and offer APIs so other companies don’t have to replicate the same work.
Ursula Librizzi 4/6/2017 READ MORE
AVS Downgrades Increase Your Fees

Address Verification System (AVS) is a common fraud-prevention measure for card-not-present transactions. AVS checks that the purchaser is in fact the cardholder by requesting the address and ZIP code for the card and comparing it to the bank’s records. Presumably, a fraudster would not know this information and would be prevented from making an e-commerce or over-the-phone purchase.
Christina Lavingia 4/4/2017 READ MORE
Chip and Signature vs Chip and PIN

When the United States finally embraced EMV, the major card issuers favored chip and signature as the authorization method. However, as security measures to prevent credit card fraud advance, chip and PIN is the natural progression. Below, we discuss each verification method and best practices to prepare for what’s to come.
Ursula Librizzi 3/30/2017 READ MORE
Amex OptBlue vs. Amex Direct

Why don’t businesses accept American Express as commonly as Visa and MasterCard? Traditionally, a huge profit driver for Amex was its high Flat-rate processing, making it more expensive and less appealing to businesses. True to form, Amex also operated a bit differently than Visa and MasterCard when it came to the configuration of its merchant accounts until now.
Christina Lavingia 3/28/2017 READ MORE
MasterCard Announces New Merchant Location Fee

MasterCard announced a new assessment fee that will be billed per business location that accepts its cards.
Ursula Librizzi 3/28/2017 READ MORE