Thanks to the constant digital advancements, making payments has never been easier. Instead of having to search for the closest ATM or scrounging for loose change, all we need to do is tap our credit card at the point of sale. Even at this level of convenience, though, there’s still a sense that things could be even easier, safer, and…
With millions of malware and phishing attacks reported in the world on a daily basis, many businesses are looking into ways to improve their digital payment security. One such technology that has made waves is called 3D Secure, a protocol designed to act as an additional security layer on online credit and debit transactions. Not sure whether you should invest…
Every growing business needs a way to keep its sensitive information safe and secure – particularly when it comes to online payments. This is where the Payment Card Industry Data Security Standard (PCI DSS) comes in. This standard, put forth by all the major credit card companies, serves as an essential security method to reduce costly data breaches. Want to…
S&S Volvo is a transportation company that has been in business for over 20 years. They offer a full line of new Volvo and Isuzu trucks, parts and service, leasing, and rental options. In recent years, they have seen a significant increase in the number of credit card payments they receive. This has led to an increase in their payment…
If you’re a small business owner, you likely have some passing resemblance with MOTO payments. These payments have been around for a while, and their original purpose was to serve as an alternative payment method for people who were unable to visit the physical store. Despite the rise in online shopping, MOTO payments remain in use today. Can your business…
At this point, it’s fair to say that digital wallets proved to be more than a passing trend. Over half of all U.S. adults now use digital wallets more than traditional payment methods, such as cash, debit cards, and credit cards. This trend is particularly noticeable with younger consumers, who are twice as likely to use a digital wallet app…
As the adage says, very few things in life truly come for free. Even something called “no-fee” credit card processing has a cost attached to it, but the promise alone still gets the attention of merchants. If you’re not sure what that cost is, read on to learn more about no-fee processing, the legalities of this practice, and whether you…
Time to Upgrade Your Credit Card Terminal
In this digital age, accepting online payments safely should be a priority for any small business. Unfortunately, this isn’t the case, as evidenced by recent studies showing that 58% of customers fail to complete an online transaction due to security concerns. Since most small businesses are operating with lower margins, this can have a major effect on their bottom line.…
If there’s one recent event that has transformed the payment processing industry, it’s the switch to wireless credit card processing. With more and more consumers trying to pay via contactless methods, accepting payments on the go is now a must-have feature for many merchants. Does all this terminology around wireless technology seem a bit overwhelming? If so, here’s a brief…