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Merchant Statements
Find yourself tapping your foot impatiently, attempting small talk with the cashier or darting your eyes anywhere but at her? Sadly, awkward interactions while waiting for a card reader to complete your chip-card transaction are now expected at checkout.
READ MOREAccepting EMV payments is tough enough. But when your customers are businesses that use your software and need to accept credit and debit card payments, it’s even trickier. You have a long road ahead to marrying the two and meeting PCI DSS requirements. These are mandatory benchmarks for all merchants that accept, transmit and store cardholder data, regardless of transaction volume.
READ MOREDid you know the first credit card reader was created in 1979? The majority of terminals today still use that original technology. They simply run a transaction and print a paper receipt — that’s it. If you’re using an old school credit card swiper, your billing practices are decades old and, frankly, bad for business.
READ MOREPreviously, the only time businesses received credit card chargebacks was when a customer was unhappy with a product or service. Most business owners have, understandably, never had a chargeback. It has always been understood that if you provide good service and quality products, your customers will be happy.
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