Payment Processing

Err on the Side of Caution: Nonprofits and Virtual Credit Cards

A jarring amount of 17.6 million people (7% of Americans) had at least one incident of identity theft in 2014, according to the Bureau of Justice Statistics. Unfortunately some of that identity theft can come from third parties, including criminals accessing business accounts to get information about consumers. Nonprofits, small businesses and large corporate companies …

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Visa and MasterCard Sued by Home Depot over Chip Card Security

Around the world, 80 countries have added EMV chips to their credit cards. These chip cards are more secure than credit cards with only a magnetic strip and have helped to reduce credit card fraud in many places. As a result, these cards are now being introduced in the United States. Many retailers, however, are …

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5 Signs Its Time To Upgrade

Your technology is outdated. Although upgrading your payment hardware every time a fancy new solution arises isn’t necessary, your technology has an expiration date. Since updating to the new iPhone or Android seems like an annual occurrence for most consumers, your business’ technology has the shelf life to be in use a little longer than …

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Special Interchange Rates For Your Nonprofit

Interchange rates, pricing models, payment gateways, integration software, the list drags on. Establishing a trusting credit card processor for your nonprofit organization can be overwhelming and often times complicated. With fixed rate programs, hidden fees, monthly minimum, cancellation charges, and equipment leases, there are many ways a merchant can fall into a trap of simply …

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EMV is Coming – Does it Spell the End of the Swipe?

The Advent of EMV and What It Means for You —  EMV stands for Europay, Mastercard and Visa. It is a system which incorporates technology that will standardize the means by which credit and debit cards (collectively “chip cards”) will communicate with card readers and provide a way for customers to buy products from the …

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