Today’s Official Merchant Services Blog post will wrap up our on-going series comparing Host Merchant Services and Square. In part 1 of our series, we reviewed how the two companies differ in how they set up merchant accounts. In part 2, the different pricing schemes offered were analyzed, as well as the time differences between […]
HMS Versus Square: Part 3 Read More »
Today the Official Merchant Services Blog will begin the second segment in our three-part HMS versus Square matchup. Yesterday we briefly reviewed aspects of both companies, as well as delved into the differences between the merchant accounts they set up. If you missed Part 1 of this series, check it out here. In part 2,
HMS Versus Square: Part 2 Read More »
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 »
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: we deliver personal service and clarity. So we’re going to take some time to
Industry Terms: Visa International Service Assessment (ISA) Read More »
It’s been a little while since the Official Merchant Services Blog touched on the increasingly sensitive topic of the Credit Card Interchange Settlement. We first talked about the possibility of ‘The Big Cash Comeback’ when the settlement was first announced, and later we discussed the opposition to the settlement. Seven years after the first lawsuits
NRF Opposes Interchange Settlement Read More »
The Official Merchant Services Blog continues its far reaching and ongoing coverage of the Durbin Amendment and the aftermath of what this legislation brings. Just a quick recap of what the Durbin Amendment did: On October 1, the legislation put in place a cap on interchange fees from debit card usage. Prior to the legislation
Durbin Aftermath: Banks Go Ninja Style Read More »
With the Holiday Shopping Season fast approaching –– Black Friday is 11 days away, Cyber Monday is 14 days away –– the payment processing industry is still getting the last pieces in place for a brisk rush in the use of credit and debit cards. The Official Merchant Services Blog continues its series focusing on
The Allure of Credit Cards for Holiday Shopping Read More »
The Official Merchant Services Blog continues its in-depth look at an interesting opinion article we found on Practical E-Commerce. We recently did a 2-part series on the differences between Tiered Pricing plans and Interchange Plus pricing plans. And in it we heralded Interchange Plus and explained why Host Merchant Services uses what we feel is the superior pricing plan to benefit its merchants. Phil Hinke’s
More Durbin Amendment Follow Up [2023 Update] Read More »
The Official Merchant Services Blog looks at an interesting opinion article we found on Practical E-Commerce. We recently did a 2-part series on the differences between Tiered Pricing plans and Interchange Plus pricing plans. And in it we heralded Interchange Plus and explained why Host Merchant Services uses what we feel is the superior pricing
Interchange Plus Follow-Up Read More »
The people in Washington aren’t exactly popular these days, and mostly for good reason. Unemployment is high, the so-called economic recovery is weak, and small businesses are hurting. However, another round of stimulus is on its way, and this time it might just work. Even better, this stimulus comes at the expense of banks that
Why the Durbin Amendment Got it Right [2023 Update] Read More »
Today is the day. October 1, 2011 the changes brought on by the Durbin Amendment take effect. The Official Host Merchant Services Blog has been running its Countdown to Durbin series leading up to today. We end our series with one last gallop through the media coverage of the law. Durbin Amendment Costs People Their
Durbin Amendment Is Here 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 »
The changes to interchange fees and debit card transactions brought on by the Durbin Amendment are just days away. The Official Merchant Services Blog is going to give its readers a quick hit of some of the chatter that is heating up the internet as we close in on the day the changes take effect.
Roundup of What Durbin Will Change Read More »
Host Merchant Services has been ahead of the curve on the Durbin Amendment, and its impact on the merchant services industry. The amendment takes effect on October 1, 2011. Between now and then The Official Merchant Services Blog is going to link to and analyze a new article from an outside source that discusses the
The Countdown Begins Read More »