Breaking News from The Official Merchant Services Blog: MasterCard and Discover have announced interchange increases and modifications to take effect October 2012. Specific association modifications such as these are beyond the control of payment processors like Host Merchant Services. They come directly from the big card associations themselves. These changes affect all merchant card processors […]
Changes to Interchange Fees Read More »
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 some
Industry Terms: Merchant Cash Advance Read More »
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 »
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 »
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 [2023 Update] Read More »
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 »
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: Loyalty Program [2023 Update] Read More »
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: Gift Cards Read More »
Payment processing can be confusing even for the experts in the industry. The system seems to be purposely designed to be difficult to understand even the most basic things, like what exactly your rate is and what fees are associated with accepting credit cards. But accepting credit cards has become a necessity for businesses today.
Evaluating Payment Processors Read More »
Today we just want to remind all of our readers and subscribers of the upcoming Host Merchant Services webinar. On Tuesday June 12, 2012, at 10 a.m., CEO Lou Honick will be giving a 30-minute presentation on the Host Merchant Services Partnership Program as well as a quick introduction on how credit card processing works. After the presentation
HMS Webinar Reminder [2023 Update] Read More »
The Official Merchant Services Blog has some breaking news to report. Host Merchant Services is offering its very first Webinar. On Tuesday June 12, 2012, at 10 a.m., CEO Lou Honick will be giving a 30-minute presentation on the Host Merchant Services Partnership Program as well as a quick introduction on how credit card processing
Host Merchant Services wants to take a quick moment to remind readers of The Official Merchant Services Blog, as well as its own merchants of a change that took place in 2011 with Hypercom — the company that manufactures one of the most popular brands of point of sale terminals that HMS provides. In October,
Reminder: Hypercom Name Change Read More »
Today we’re going to take a flight of fancy with The Official Merchant Services Blog. It is Friday after all, and with a long holiday weekend about to start, we figure it’s just the perfect time to do something silly at the blog. With the Avengers movie setting box office records, the mighty month of
Merchant Services Assemble! Read More »
Today The Official Merchant Services Blog is just going to offer a quick update on some services Host Merchant Services provides directly for its current customers. Today our site launched a page for our current merchants to go to in order to access online assistance services. There are currently two: TRUPCI We’ve pushed our PCI
HMS News: For Our Merchants [2023 Update] Read More »
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: Partial Authorization Read More »
Interchange Interchange is a term used in the payment card industry to describe a fee paid between banks for the acceptance of card based transactions. Usually it is a fee that a merchant’s bank (the “acquiring bank”) pays a customer’s bank (the “issuing bank”). In a credit card or debit card transaction, the card-issuing bank in a
Industry Terms: Interchange Read More »
Security is one of the defining internet issues of this decade. While there is not one distinct body of law that governs a company’s rights and responsibilities, there are methods to prioritize compliance efforts. This issue is relatively unique to the internet space since the laws and regulations that apply come from many different areas.
One constant struggle that we’ve seen with our customers is the ability to perform credit card transactions on their website. While there are plenty of credit card processing companies in the market, it always seems like you need a degree in finance in order to understand all the fees involved, not to mention the plethora of documentation to go through.
VexxHost Partnership Read More »