09|2026

B2B’s Hidden Savings Opportunity: Level 2 and Level 3 Data

Understanding Wholesale Interchange for Commercial Transactions When selling products or services to enterprise clients, institutions, or government agencies, credit card processing expenses often represent one of the largest controllable operational overheads. Business-to-business transactions predominantly clear through corporate purchasing cards (P-Cards), commercial fleet cards, and government procurement accounts. By default, standard card-not-present processing treats these transactions… Read more »

Category: Uncategorized

03|2025

Comparing QuickBooks and Clover POS: Which Is Right for Your Business?

When it comes to managing finances and accepting payments, business owners often turn to tools like QuickBooks or Clover. While both are top solutions designed to streamline operations, they each serve a different primary purpose. QuickBooks boasts it’s industry-leading accounting software, while Clover is awarded Best in Class for POS Platforms. With the discontinuation of… Read more »

Category: Uncategorized

10|2024

Visa/Mastercard Interchange Fee Settlement

Did your business accept credit cards between January 2004 and January 2019? Keep reading to find out if you qualify for this class action settlement. Frequently Asked Questions What is the Visa/Mastercard Interchange Fee Settlement Recovery? A lawsuit was filed that claimed merchants paid excessive interchange or swipe fees for accepting Visa and Mastercard payments… Read more »

Category: Uncategorized

10|2021

PCI Compliance

What is PCI Compliance? PCI stands for Payment Card Industry. PCI standards were developed by the major card brands as a way to address potential vulnerabilities and guide organizations to maintain the integrity of cardholder data. All merchants are required to be compliant in order to accept credit cards. Why is PCI Compliance Important? PCI… Read more »

Category: Credit Card Processing, Security, Uncategorized

09|2021

What is PIN Debit?

PIN (personal identification number) debit is a debit transaction that’s routed through the debit network instead of the credit network. Debit transactions typically offer higher security and lower costs for merchants, but what is the difference between PIN and signature, and why does it matter? Signature Debit Signature debit is a debit transaction that’s being… Read more »

Category: Credit Card Processing, Features, Security, Uncategorized

06|2017

Commercial Card Interchange Service

At CardConnect Paradise we are always working to bring you the broadest and most innovative range of payment options to grow your business and maximize your revenue. We are pleased to introduce the Commercial Card Interchange Service, designed to save you money by reducing the interchange fees you pay on select Commercial Card Transactions. To… Read more »

Category: Uncategorized

10|2016

Critical Datawire Updates

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 »

Category: Uncategorized

10|2014

Apple Pay FAQ

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 »

Category: Uncategorized

02|2014

E-check conversion (Electronic Check Conversion)

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 »

Category: Uncategorized

02|2014

High risk merchant accounts

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 »

Category: Uncategorized