It’s 1, 2, 3 Swipes, You’re Out!

It’s mid-February 2014. The Mid-Atlantic, homebase to Host Merchant Services, has been mired in a series of snowstorms that makes the jaunty tune of “Take Me Out To The Ballgame” seem months and months away. Yet today, February 12, is the day pitchers and catchers report for Philadelphia Phillies Spring Training 2014. Six days ago…

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Host Merchant Services image of MasterCard for a feature article

MasterCard’s Code of Honor

MasterCard’s Position on Anti-Competitive Accusations MasterCard is a multinational corporation that consists of thousands of separate institutions. The organization gives consumers access to a large variety of payment options. However, MasterCard does not issue credit cards or sign merchants up to accept credit cards bearing its logo. Instead, merchants contract through a MasterCard association member…

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Durbin Debit Fees Revisited

Could Debit Interchange Be in For Serious Reductions? Two years after the Durbin Amendment became law, the consequences of this historic legislation are still unfolding. In the coming months, new developments in Durbin implementation could lead to historically low debit swipe fees for merchants. Last July, U.S District Judge Richard Leon ruled on a Durbin-related…

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Discover On Us Update

Discover is updating the Discover “On Us” plan yet again, in an attempt to entice more merchants to accept Discover cards. Originally, the Add Discover on Discover promotion from 2011, the plan was based on the incentive that merchants begin accepting Discover cards for the first time and as a reward for this bold new…

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Bitcoin: The Hidden Danger to Your Business

Bitcoins (BTC) are a growing new form of digital currency created in 2009 by Satoshi Nakamoto, who envisioned them as a peer-to-peer, electronic cash system. His goal was to create a decentralized currency, not backed by any central bank or country, therefore allowing the free market and determine the worth and pricing of the bitcoins.…

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Next-Day Funding Now Available

The Official Merchant Services Blog would like to announce that Host Merchant Services has now added next-day funding to their already impressive line of services. Merchant services customers appreciate getting their deposits the next business day, as this is critical for funding payroll and inventory purchases for the week. Merchants can now expect funding for MasterCard,…

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iPhones, NFC and Rewards Cards

Today the Official Merchant Services Blog brings NFC technology back into the spotlight, with a look at a pilot program U.S. Bancorp is running in two test cities. The company, one of the nation’s more tech-oriented big banks, is joining the ranks of companies testing near-field communication (NFC) technology by pairing a rewards credit card with…

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Host Merchant Services Knowledge Base

Industry Terms: E-Commerce

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…

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Interchange Settlement Update: Challengers Awaiting Final Approval

Today the Official Merchant Services Blog brings you another update on the ongoing Interchange lawsuit settlement. We began talking about the possibility of ‘The Big Cash Comeback’ back when the settlement was first announced in July, and later we discussed the opposition to the settlement. Last week a federal appellate court denied a retailer’s appeal to review part of the controversial settlement…

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‘Tis The Season, For Facebook Gifts

This holiday season, the Official Merchant Services Blog brings you the latest on Facebook’s newest venture, Facebook Gifts. On Tuesday, the company announced that any U.S. member can now send Facebook friends tangible gifts, which includes wine, digital gift cards and even charitable donations. Facebook Gifts The Facebook Gifts program, previously available only to some users of the…

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