“Smart Terminal” Posts

EMV Liability Shift: Explained

EMV Liability Shift: Explained

The EMV liability shift refers to the 2015 transfer of responsibility for fraudulent losses from the card brands to businesses in cases when the fraud occurred on an incorrectly processed chip card. There is an entire underground economy powered by stolen credit cards. With traditional magnetic stripe cards, a fraudster could simply obtain one, make copies using a cheap machine and hire people to go shopping. The credit card issuers (MasterCard, Discover, Amex and Visa) were liable for these unauthorized transactions, resulting in losses that exceeded $16 billion in 2014, according to WalletHub. The staggering losses encouraged the card issuers…

Obtain Non-Payment Signatures With PayJunction’s Smart Terminal

Obtain Non-Payment Signatures With PayJunction’s Smart Terminal

Although the card brands have recently revised their requirements around signature authorization, signatures are still the best defense in the event of a chargeback dispute as long as you’re properly processing your payments. Additionally, there are numerous instances when businesses require non-payment signatures from customers. These include terms and conditions, disclosures, disclaimers, liability waivers, privacy agreements, HIPAA agreements, warranties, etc. In the medical industry alone, this can amount to dozens of forms related to billing, on-boarding, consent, prescriptions, lab reports and care agreements that must be physically stored or scanned and stored online. Paper management takes a lot of…

Rentopian and PayJunction Now Offer Integrated Payment Processing

Rentopian and PayJunction Now Offer Integrated Payment Processing

Event rental businesses have a ton to manage, from tracking the lifecycle of an order to optimizing inventory for maximum profit. It’s no wonder why so many event rental businesses are turning to Rentopian for a seamless software solution. Rentopian is a comprehensive software designed to streamline numerous business needs for event rental companies. In addition to its lengthy list of features, Rentopian recently integrated with PayJunction — an all-in-one Merchant Account Provider and Payment Gateway — to streamline payment processing for these businesses. We’ll dive into the helpful features Rentopian provides along with the benefits of using PayJunction as…

The Buyer's Guide to Shopping for a POS Terminal

The Buyer's Guide to Shopping for a POS Terminal

Investing in a POS terminal carries obvious benefits. A combined 75 percent of consumers prefer to shop with a credit or debit card, so accepting credit cards opens your business up to a wider market than businesses that only accept cash. Some modern credit card terminals can also process alternative forms of payment, such as mobile payments. One downside is that researching credit card processing terminals can be daunting. What do you really need to know about EMV, NFC and PCI DSS? Consider this guide your key to understanding some of the more technical credit card terminal features that could…

How Dr. Hrach Obtained Premier Merchant Services for Medical Offices

How Dr. Hrach Obtained Premier Merchant Services for Medical Offices

It can be challenging to manage patient payments, especially if you operate a membership or concierge model for your medical practice. Dr. Barbara Hrach is an internal physician with more than 20 years of experience. When shopping for a payment processing provider that could accommodate both her concierge model as well as her associate’s fee-for-service model, PayJunction stood out as a provider that could integrate both practice models. Along with maintaining its versatility, Dr. Hrach’s practice gained a wealth of payment features that boosted efficiency for her office manager, Jeneva Escalera, and gave her better insights into her…