Many healthcare practices underestimate the need for HIPAA compliance in their payment systems. The main reason for that is that payment processing is exempt from HIPAA. However, your payment workflow may still include protected health information (PHI), and misusing this information can lead to a variety of so-called silent HIPAA violations. Want to ensure that your healthcare practice will remain…
In the payment industry, staying compliant is a core part of running a sustainable business. At the same time, the rules around data privacy, fraud prevention, and payment security are evolving constantly, and it can be hard to keep up with them. Over the past two years, 68% of merchants have had at least one payment-related compliance issue. Want to…
In a dynamic industry like trucking, many projects contain a variety of additional charges (also known as accessorials). Ideally, though, you still want to have the final invoice match the original quote as closely as possible. One way to do that is to be aware of the potential additional charges you may encounter and avoid them if you can. Looking…
Pretty soon, hydrogen fuel cell technology will be a key player in the transportation industry, and Canada is leading the charge. Earlier this year, Walmart Canada became the first major retailer to introduce hydrogen fuel cell electric semi-trucks to its fleet. In this article, we’ll aim to explain why most trucking companies in North America should soon follow in their…
As online payments are becoming the norm in most industries, healthcare businesses are moving toward them as well. If you’re a healthcare provider, however, you may find it challenging to ensure your online payment options comply with HIPAA regulations. Read on to learn more about what HIPAA involves and how to maintain HIPAA compliance. What Is HIPAA? HIPAA is short…
In the past decade, there’s been a notable growth in credit and debit card transactions worldwide. By 2021, 65% of Americans (about 168 million people) used credit cards. As a result, merchants today simply can’t afford not to accept credit card payments. The question is: which credit card payment solutions should you opt for? In this article, we’ll go over…
At MONA we take pride in our partnership with PIA and are honored to have been featured in their latest article. Here’s what they had to say about their latest experience with our team: MONA Payment Solutions, a merchant services and credit card processing company, has been a PIA Partner since 2018. During this time we’ve used them for our…
MONA Payment Solutions, a leading provider of merchant services, is proud to announce its partnership with the California Trucking Association (CTA). This partnership will provide CTA members with access to MONA’s innovative payment processing products, allowing them to streamline their operations and increase their efficiency. The California Trucking Association is the largest trucking trade association in the state of California,…
As online shopping continues to get more ubiquitous, payment APIs have become an essential part of the transaction experience. These tools allow merchants to process transactions safely and quickly while offering a smooth experience for the customers. If you want to know more about payment APIs, here’s how they work and how to select one for your business. What Are…
The U.S. credit card industry gets bigger every day, but there are still a few factors preventing it from reaching its full potential. One key factor is the prevalence of fraud. Studies show that credit card fraud and other forms of identity theft costs businesses $16 billion per year. In an attempt to limit the risk of credit card fraud,…