This week, the Official Merchant Services Blog will delve into a three-part comparison of the services offered by Host Merchant Services and Square. We will begin by giving a basic overview of both and then compare how the two companies set up a merchant account. We will then move on to a comprehensive look at […]
HMS Versus Square: Part 1 Read More »
The Official Merchant Services Blog tackles the topic of Debit Card processing today. While the blog has extensively delved into the Durbin Amendment and the affects the legislation is having on merchants, one topic we’ve overlooked is Debit Card processing –– specifically PIN Debit vs. Swipe Debit. Difference Between Credit, Debit, and Check Cards First
Merchant Services: PIN Debit vs. Swipe Debit Read More »
The Official Merchant Services Blog brings you a breaking news story following the ongoing aftermath of the Durbin Amendment legislation. Yesterday, Bank of America announced it was going to cancel its $5 monthly debit card fee plan. This falls in line with similar announcements from Sun Trust, Regions Financial Corp., JP Morgan Chase & Co.
Durbin Saga: Banks Reconsider Fees [2023 Update] Read More »
On the last day of September, Durbin Amendment Eve if you will, The Official Merchant Services Blog is about ready to end its Countdown to Durbin Series. Today we take a look at the big news that has the media buzzing. Bank of America Reacts to Durbin Bank of America, the largest bank in the
Durbin Amendment About To Be In Effect Read More »
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
Durbin Amendment Almost Here Read More »
The Official Merchant Services Blog continues to keep its finger on the pulse of the Durbin Amendment media buzz. The legislation that marks regulation that caps debit card swipe fees begins to take effect on October 1, 2011. And there’s still a lot of scrambling from various media sources to try and predict how banks,
Durbin Amendment Ready To Go [2023 Update] Read More »
Many of the features you find at Host Merchant Services are designed specifically to appeal to small business owners. A service oriented Merchant Services solution that lets the merchant know exactly what they are paying on their statement.
Payment Processing Changes and How They Effect Small Businesses Read More »