Month: July 2012

Industry Terms: EMV Cards

This is the latest installment in The Official Merchant Services Blog’s Knowledge Base effort.  We want to make the payment processing industry’s terms and buzzwords clear.  We want to remove any and all confusion merchants might have about how the industry works.  The Host Merchant Services promise, we deliver personal service and clarity.  So we’re going …

Industry Terms: EMV Cards Read More »

Don’t Call it a Comeback

Today The Official Merchant Services Blog is here to update our readers on the latest development in the  lawsuit against Visa Inc., MasterCard Inc. —  the largest antitrust settlement in U.S. history. We broke the story last week when we revealed that the card companies agreed to pay more than $6 billion to settle lawsuits from retailers claiming that the card issuers …

Don’t Call it a Comeback Read More »

Global Data Breach: Update #3

For today’s installment of The Official Merchant Services Blog, we are bringing you the most recent developments of the now infamous Global Payments Data Breach. Back in March When we first reported the breach, it had supposedly affected 50,000 cardholders and revolved around a taxi and parking garage company in the New York City area. …

Global Data Breach: Update #3 Read More »

Industry Terms: Near Field Communication

This is the latest installment in The Official Merchant Services Blog’s Knowledge Base effort. Well we want to make the payment processing industry’s terms and buzzwords clear. We want to remove any and all confusion merchants might have about how the industry works. Host Merchant Services promises: the company delivers personal service and clarity. So we’re going to take …

Industry Terms: Near Field Communication Read More »

Mobile Payment Options

Yesterday, The Official Merchant Services Blog reported that the Mobile Payment market was predicted to expand exponentially over the next few years. Analysis by research firm Juniper has been heady and bold since 2011. A second research operation, Gartner, recently reported that worldwide mobile payment users increased 38 percent in 2011 — jumping from just …

Mobile Payment Options Read More »

Keepin’ it Mobile

Today The Official Merchant Services Blog brings an update on Mobile Payment Technology. The Mobile Payments Technology sector has been the topic of overt optimism for quite some time now. We’ve reported multiple times that industry analysts have predicted large gains in Mobile Payments profits over the short- and long-term future. Our article from 2011 …

Keepin’ it Mobile Read More »

The Big Cash Comeback?

Today, The Official Merchant Services Blog is going to tackle a big picture topic in the world of credit card processing. Two weeks ago there was a proposed settlement of a lawsuit against Visa Inc., MasterCard Inc. Lawyers involved in the case claim it is the largest antitrust settlement in U.S. history. The card companies agreed to pay more than $6 …

The Big Cash Comeback? Read More »

Hello From HostingCon!

HostingCon2012 is in full swing, and Host Merchant Services is in the thick of the action. Here’s a picture from today: That’s our very own dynamic duo Ken and Justin Hemmel working the booth with our partner OpenSRS. This partnership — which began in April — brings Host Merchant Services, the premier provider of payment …

Hello From HostingCon! Read More »

Industry Terms: Cloud Hosting

This is the latest installment in The Official Merchant Services Blog’s Knowledge Base effort. Well we want to make the payment processing industry’s terms and buzzwords clear. We want to remove any and all confusion merchants might have about how the industry works. Host Merchant Services promises: the company delivers personal service and clarity. So we’re going to take …

Industry Terms: Cloud Hosting Read More »

HMS will be at HostingCon 2012

HostingCon 2012 is right around the corner. And The Official Merchant Services Blog is pleased to announce that Host Merchant Services CEO Lou Honick will be there to participate in a panel discussion on the topic of Best Practices for Payment Processing. The discussion, scheduled for 9 a.m. Wednesday July 18, offers hosting providers tactics for reducing payment …

HMS will be at HostingCon 2012 Read More »

Industry Terms: Transaction Integrity Fee

This is the latest installment in The Official Merchant Services Blog’s Knowledge Base effort. Well we want to make the payment processing industry’s terms and buzzwords clear. We want to remove any and all confusion merchants might have about how the industry works. Host Merchant Services promises: the company delivers personal service and clarity. So we’re going to take …

Industry Terms: Transaction Integrity Fee Read More »

FANF Reminder

Today The Official Merchant Services Blog wants to review the details of VISA’s new Fixed Acquirer Network Fee (FANF). On April 1, 2012, Visa began charging this new fee. But it has taken about this long for it to catch up to merchants and their statements. The process sort of knocked its way down like …

FANF Reminder Read More »

HMS Partners with ServInt

Today The Official Merchant Services Blog has learned of a new partnership agreement between Host Merchant Services and cloud hosting services provider. With HostingCon 2012 right around the corner, this partnership announcement is well-timed. Credit card processing firm Host Merchant Services has announced that it has entered into a strategic marketing partnership with ServInt. Servint is the latest provider …

HMS Partners with ServInt Read More »