Host Merchant Services is proud to provide credit card processing for the Brandywine Festival of the Arts this weekend through our relationship with Barry’s Events. The festival was originally called the Brandywine Arts Festival when it was started in 1961. “Big” George Sargisson was the founder of the event that now brings over 20,000 visitors […]
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Credit and debit cards have become nearly universal accessories in modern life. The great majority of Americans now use these cards to expedite and simplify their financial activities. According to the industry analysts at Community Merchants USA, a mere 27% of all POS transactions are cash transactions. In spite of this, only 45%of U.S small
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The global economy is deeply affected by the rise of credit card use in emerging markets. As citizens of developing nations gain access to mainstream credit cards, they are empowered to participate more in their national economies and in the global marketplace. Since the world economy is increasingly connected, the growth of credit can produce
Emerging Markets and Credit Cards [2023 Update] Read More »
Throughout many industries, companies are feeling the effects of 2010’s Durbin Amendment. This much-vaunted amendment to Dodd-Frank was intended to protect consumers and businesses from unreasonably large interchange transaction fees. As finally implemented in 2011, the amendment protects one large class of businesses while doing measurable harm to firms specializing in smaller transactions. Though the
Service Impact of Imposing Credit Card Minimums [2023 Update] Read More »