Costco Switches from American Express to Visa

Millions of Costco members are finally ready to get rid of their American Express credit cards (aka Amex cards) to shop at Costco, the giant Seattle based Wholesale warehouse. Costco has about 81 million members worldwide, and the company has recently started accepting Visa cards instead of Amex cards. The move is a major advantage…

AmEx To Refund $85 Million To Customers

For this edition of the Official Merchant Services Blog, we take a look at yet another case of troubling consumer card practices.  Last week, we covered the news that Discover had been hit with a $200 million dollar fine by the U.S. Government for deceptive practices. Just today, American Express entered into a settlement with…

Host Merchant Services Knowledge Base

Industry Terms: AVS

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. Host Merchant Services promises: the company delivers personal service and clarity. So we’re going to take some time…

Host Merchant Services Knowledge Base

Industry Terms: CVV

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 will eliminate any and all confusion merchants might have about how the industry works.  At Host Merchant Services, we promise to deliver personal service and clarity.  So we’re going…

Merchant Services Featured Image for Small Business Saturday

Don’t Overlook Small Business Saturday

For the past couple of weeks The Official Merchant Services Blog has been preparing you for the Holiday Shopping Season. We’ve discussed a lot of different strategies and services that merchants can use to boost their businesses on Black Friday and Cyber Monday. Much of what we’ve covered also applies to going forward through the…

Countdown to Durbin

Durbin Amendment Almost Here

The Official Merchant Services Blog once again takes up the task of analyzing the media reports revolving around the Durbin Amendment and the changes it will bring to how banks do business with their customers because of its cap on debit card swipe fees. We continue to use Host Merchant Services‘ own analysis as the…