The Official Merchant Services Blog

National Small Business Week Guide

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At Host Merchant Services we know that while Fortune 500 companies may get the national spotlight and most of the media attention, small businesses are what really powers our communities and helps grow our nation. A recent stat showed that two out of every three new jobs created in the US is generated by small business. That is why since 1963 the U.S. Small Business Administration has celebrated National Small Business week. This year the event runs from June 17-21 and has events spanning from coast to coast to highlight the contributions of hard working entrepreneurs. The official cities for this year’s event are Seattle (June 17), Dallas (June 18), St. Louis (June 19), Pittsburgh (June 20), and Washington, D.C. (June 21). If you are lucky enough to live in or near one of these cities it is worth your time to check out the on-site conferences. These will feature experienced speakers providing knowledge and advice to running a successful small business. There are also networking opportunities with other like-minded business owners in the area. If you cannot make it to one of these sites in person, Google is hosting a series of online events that will cover essential business skills for keeping up with the competition in today’s competitive environment. The topics that will be covered are Getting Started with Social Media, Managing your Business’s Online Reputation, How a Mentor Can Help Your Business, and Ho …Read full story
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Should Nonprofits Accept Donations on Credit Cards?

Larger charities such as the American Red Cross and the American Cancer Society are easily recognizable. People like to donate to charities that have a reputation for doing meaningful work and spendin …Read full story
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Steps Can Help Merchants Meet Visa CPS Requirements

Every merchant who accepts Visa debit or credit cards is subject to transaction and processing fees. The determination of what those fees, known as custom payment services (CPS) fees, will be follows …Read full story
 
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Eleven-letter Dirty Word: Chargebacks

If you surveyed everyone in the payment processing world, both merchants and processors, what they wish they could do away with for good, I would venture a guess that 8 out of 10 would say chargebacks …Read full story
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The ERR Pricing Trap

In recent weeks I have personally spoken with numerous merchants who want to try and understand their monthly statement better. It seems like some providers of credit card processing have come up with …Read full story
 

Top 5 Myths About Credit Card Processors

It’s no secret that credit card processing is not a favorite topic of my business owners. Yet in the current economy consumers are trending toward more of a “cashless” society. Even more, most c …Read full story
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bPay Gaining Momentum in Newark, Wilmington

In the last update regarding the bPay mobile wallet initiative we covered the fact that Host Merchant Services is now partnered with Barclays to grow the adoption of this very innovative and versatile …Read full story
 
Mobile Payment Processing

Square amends terms of service, bans gun sales

In a surprising move, Square card reader updated their terms of service agreement that every user must agree to before processing to include the ban of all sales of firearms, firearm hardware, and amm …Read full story
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Thieves use ATMs in multi-million dollar heist

Late last week prosecutors unsealed Federal court documents that charge eight men with stealing $45 million dollars from numerous global banks to pay for high-end watches, expensive cars and other lux …Read full story
 
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PCI Compliance Fee

Many businesses that accept credit cards wonder what the PCI compliance fee is and why they have to pay it. It all starts with the information that a retailer gains when a customer purchases a product …Read full story
 
 
 
 
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