10|2016
The National Institute of Standards and Technology (NIST) has determined that Secure Hash Algorithm (SHA) 128 encryption no longer meets sufficient security standards. By year end all merchants’ systems/solutions/POS devices operating with SHA-1 certificates will no longer be able to process. Subsets of your clients have been identified as having a terminal/software that is set… Read more »
10|2014
1. What is Apple Pay™? What does it mean to merchants and their customers? With the new iPhone® 6 release, Apple® is poised to accelerate the growth of mobile commerce and catalyze the “card-less” environment in an unparalleled manner. It provides a digital “wallet” in the device, in which consumers can store payment options that… Read more »
02|2014
Electronic check conversion is a process in which your check is used as a source of information, for the check number, your account number, and the number that identifies your financial institution. The information is then used to make a one-time electronic payment from your account, an electronic fund transfer. The check itself is not… Read more »
02|2014
Stay away from a High Risk Merchant Account. There are many merchant account service providers around and you need to settle for the best one. The underlying principle is not to settle for less than what you need and not to allow service providers to give you more than you want. This will help you… Read more »
01|2014
Here we need to have a basic understanding of what Third party credit card processing is and what it implies. Why do we need these third parties? We all know that a key to online business and e trade or ecommerce is accepting cards as a mode of payment. Without this it is very difficult to… Read more »
01|2014
Before any business can trade online they must have the ability to accept payments through credit cards for their goods and services, they must first have fully functioning web site. Merchants should then apply for a merchant account. In order to accept credit cards at your online store, you need to have a merchant account… Read more »
01|2014
Having a merchant account is an essential part of accepting credit cards. Get a merchant account fast and allow your business to go smooth. Merchant accounts consolidate all of your business accounts into one big account, and also boost your business revenue at no extra cost. Broadly speaking, merchant accounts do all the money-managing work for… Read more »
