Credit Cards

MasterCard Earnings Surpass Expectations Driven by Consumer Spending

MasterCard Earnings Surpass Expectations Driven by Consumer Spending

Credit Cards, Credit Card Processing

MasterCard Inc. delivered results in the third quarter, beating expectations with earnings of $3.39 per share. The company’s positive outlook on growth remains intact despite the challenges posed by inflation. This growth can be attributed to consumer spending and a diversified business model that has efficiently navigated through uncertain global conditions. As one of the …

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Should You Give Your Employees Company Credit Cards?

Should You Give Your Employees Company Credit Cards?

Business, Credit Cards, Small Business

In today’s business landscape, the question of whether to give your employees company credit cards is one that requires a lot of thinking. On one hand, offering credit cards to employees can streamline expense management, increase operational efficiency, and simplify the reimbursement process. On the other hand, concerns about misuse, overspending, and potential security breaches …

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Credit Card Stacking an Option for Business Funding

Is Credit Card Stacking an Option for Business Funding? Tips and Tricks for Financing

Business, Credit Cards

In the world of business funding, entrepreneurs often find themselves in need of quick and accessible financing options to fuel their growth and cover essential expenses. While traditional lenders like banks and credit unions offer loans and lines of credit, their strict requirements can be challenging for startups or businesses with past financial setbacks. This …

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Business Credit Cards With No Personal Guarantee

Best Business Credit Cards With No Personal Guarantee in 2023

Credit Cards

Finding a good business credit card is critical for small business owners, especially those without a personal guarantee. Business credit cards offer unique benefits tailored to the needs of entrepreneurs, from purchase protections to travel rewards to flexible spending limits. With so many options to choose from, how do you determine the business credit cards …

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Regulatory Outlook for Credit Card

Regulatory Outlook for Credit Card Processing Fees in 2023

Credit Card Processing, Credit Cards

Credit card processing fees have been a topic of concern for merchants and consumers for a long time. The fees associated with processing credit card transactions have been a significant source of revenue for banks and payment processing companies. However, over the past few years, there has been a push for regulation to curb these …

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Credit Card Security Risks for Small Businesses

Credit Card Security Risks That Small Businesses Should Be Aware Of

Credit Card Processing, Credit Cards

As a small business owner, it is crucial to accept credit card payments to stay competitive and meet consumer preferences. However, doing so also exposes you to potential credit card security risks for small businesses. You can reduce these risks to avoid costly mistakes such as lost revenue, stolen customer information, and fines. One way …

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Do Not Honor in credit card processing

Do Not Honor: What Does This Mean in Credit Card Processing?

Credit Card Processing, Credit Cards

Many merchants may scroll through their merchant account statements to review their processed transactions and see unsuccessful payments with the code: ‘05: DoNotHonor.’ So why does the do not honor error code show up? Who’s to blame for the do not honor decline; the merchant, the banks, or the customer? Unfortunately, the answer is not …

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Pre Authorization Charge

What Is A Pre Authorization Charge? Understanding Preauths and Holds in Credit Card Processing

Consumer Credit Cards, Credit Cards

In today’s digital world, money rapidly evolves from cash to cashless, and vice versal. According to the Federal Reserve Bank of San Francisco’s 2021 Diary of Consumer Payment Choice report, 45% of all payments were with a credit or debit card. As a result, merchants need to be extra diligent with security and ensure that customers …

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credit card processing trends

Trends in Mobile Credit Card Processing for Fall 2021 and 2022

2021 Trends, contactless payments, Credit Card Processing, Credit Cards, Latest News, Mobile Payments, Payment Processing, Virtual Credit Cards

Over the last 12 months, almost every retailer felt the need to shift from the in-store traditional payment methods to the new-age digital methods. Businesses have also understood that this shift has a vast scope – it is not just a momentary reaction to the prevailing coronavirus pandemic, but a long-term trend. IBM’s U.S Retail …

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Lloyds Bank Credit Card Holders Can Use MasterCard’s Open Banking Connect

Credit Cards

Lloyds Bank Credit Card Holders Can Use MasterCard’s Open Banking Connect The MasterCard Open Banking Connect service provides support for managing payments the right way. With this system, users can start a PISP or Payment Initiation Service Provider payment and pay off their credit card balances. The user can create a credit card bill through …

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Differences Between a Credit Card Machine and POS System

E-commerce, Credit Card Processing, Credit Cards, EMV, ISO, Merchant Services, Point of Sale Systems

Starting out, many new business owners may feel baffled by a huge list of technologies and terms, especially in the payment industry, such as POS systems, credit card terminals, credit card processing, and so more. Many startups may feel confused when selecting the right device or technology for handling their day-to-day transactions and sales. Although …

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The Best Credit Card Offers for 2020 and 2021

Best Credit Card Offers, Consumer Credit Cards, Credit Cards, Latest News, Personal Finance

If you have a New Year’s resolution to get your finances in order, that may include finding the right credit card. If you have a high-interest card that doesn’t provide you with any rewards or benefits, you could be missing out. Here are the top credit card offers for the New Year. Discover-It Cash Back …

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Visa Looks to Make Plastic Cards Sustainable

Credit Card Processing, Credit Cards, Payment Processing, Visa

Visa has an ambition to improve the world and minimize its environmental impact. Thus, they are collaborating with the CPI Card Group to produce ‘Earthwise High Content Card’ for Visa cardholders. The credit card, made of 98% upcycled plastic, would enable both contactless and contact payments. Besides this, the aim is to make cards EMV compliant with dual-interface …

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