Today, The Official Merchant Services Blog is going to tackle a big picture topic in the world of credit card processing. Two weeks ago there was a proposed settlement of a lawsuit against Visa Inc., MasterCard Inc. Lawyers involved in the case claim it is the largest antitrust settlement in U.S. history. The card companies agreed to pay more than $6 […]
The Big Cash Comeback? Read More »
HostingCon2012 is in full swing, and Host Merchant Services is in the thick of the action. Here’s a picture from today: That’s our very own dynamic duo Ken and Justin Hemmel working the booth with our partner OpenSRS. This partnership — which began in April — brings Host Merchant Services, the premier provider of payment
Hello From HostingCon! Read More »
This is the latest installment in The Official Merchant Services Blog’s Knowledge Base effort. Well 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
Industry Terms: Cloud Hosting Read More »
HostingCon 2012 is right around the corner. And The Official Merchant Services Blog is pleased to announce that Host Merchant Services CEO Lou Honick will be there to participate in a panel discussion on the topic of Best Practices for Payment Processing. The discussion, scheduled for 9 a.m. Wednesday July 18, offers hosting providers tactics for reducing payment
HMS will be at HostingCon 2012 Read More »
Today The Official Merchant Services Blog wants to review the details of VISA’s new Fixed Acquirer Network Fee (FANF). On April 1, 2012, Visa began charging this new fee. But it has taken about this long for it to catch up to merchants and their statements. The process sort of knocked its way down like
FANF Reminder [2023 Update] Read More »
Today The Official Merchant Services Blog has learned of a new partnership agreement between Host Merchant Services and cloud hosting services provider. With HostingCon 2012 right around the corner, this partnership announcement is well-timed. Credit card processing firm Host Merchant Services has announced that it has entered into a strategic marketing partnership with ServInt. Servint is the latest provider
HMS Partners with ServInt Read More »
Yesterday, The Official Merchant Services Blog defined the term Mobile Payment Processing for its readers. We bring this topic up frequently because it’s one of the hottest trends in credit card processing. Today we’re going to update our coverage of the topic. We have been framing almost every discussion of the topic around a set
News for Mobile Payments Read More »
Payment processing can be confusing even for the experts in the industry. The system seems to be purposely designed to be difficult to understand even the most basic things, like what exactly your rate is and what fees are associated with accepting credit cards. But accepting credit cards has become a necessity for businesses today.
Evaluating Payment Processors Read More »
Today The Official Merchant Services Blog is updating its coverage of the Global Payments Data Breach. The big bomb Global just dropped is that apparently there was a second data breach. The story, initially broken by Ellen Messmer at Network World stated that Global Payments itself revealed this latest news. Data Breach II: Credit Card Boogaloo From the Global
Global Reveals More About Data Breach [2023 Update] Read More »
Today we just want to remind all of our readers and subscribers of the upcoming Host Merchant Services webinar. On Tuesday June 12, 2012, at 10 a.m., CEO Lou Honick will be giving a 30-minute presentation on the Host Merchant Services Partnership Program as well as a quick introduction on how credit card processing works. After the presentation
HMS Webinar Reminder [2023 Update] Read More »
This is the latest installment in The Official Merchant Services Blog’s Knowledge Base effort. Well 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
Industry Terms: Revenue Share Read More »
The Official Merchant Services Blog has some breaking news to report. Host Merchant Services is offering its very first Webinar. On Tuesday June 12, 2012, at 10 a.m., CEO Lou Honick will be giving a 30-minute presentation on the Host Merchant Services Partnership Program as well as a quick introduction on how credit card processing
Today The Official Merchant Services Blog is going to get a bit personal, for me at least. I’m going to take a moment to talk about print media, and its withering industry. Or, think of it this way: I’ll be talking about the rise to power of E-Commerce — the industry that has helped deliver
Print Media’s Death Knell [2023 Update] Read More »
Today The Official Merchant Services Blog is updating its coverage of the Global Payments Data Breach. The current update revolves around the expansion the duration of the breach as well as the number of cards potentially affected. It has been a virtual roller coaster ride in terms of narrowing down a number for the cards that were compromised.
Global Data Breach Update Read More »
Host Merchant Services wants to take a quick moment to remind readers of The Official Merchant Services Blog, as well as its own merchants of a change that took place in 2011 with Hypercom — the company that manufactures one of the most popular brands of point of sale terminals that HMS provides. In October,
Reminder: Hypercom Name Change Read More »
This is the latest installment in The Official Merchant Services Blog’s Knowledge Base effort. Well 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
Industry Terms: Point of Sale Read More »
Today we’re going to take a flight of fancy with The Official Merchant Services Blog. It is Friday after all, and with a long holiday weekend about to start, we figure it’s just the perfect time to do something silly at the blog. With the Avengers movie setting box office records, the mighty month of
Merchant Services Assemble! Read More »
This is the latest installment in The Official Merchant Services Blog’s Knowledge Base effort. Well 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
Industry Terms: Card-Not-Present Read More »