Blog Archives

The 4 Things Your Business Needs to Know About Chip (EMV) Cards

The cardholder will insert the chip (above) into the merchant's terminal.

The magnetic stripe on the back of your credit card is hardly new technology. In fact, it’s been around for decades. And, a lot has changed in the last four years—not to mention the last four decades. We don’t still

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Posted in Business Banking

Does your business want to take Apple Pay? Here’s how.

Apple Pay Passbook - Featured Image

If you’ve watched TV recently, chances are you’re aware of Apple’s new venture into the payments landscape. And, you might be wondering not only how Apple Pay works, but also how your business can start accepting Apple Pay payments. How does Apple Pay

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Cracking the Confusion: How Credit Card Processing Fees are Determined

Confusing Calculation on Blackboard

Perhaps the most confusing part of credit card processing involves the fees paid by the business. If you’ve ever spent any time trying to read a merchant statement, chances are you didn’t experience any particular revelations of clarity. How exactly

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Why your business might should dump Tiered Rate for Interchange Plus

Dumpsters - Web

There are two prevailing schools of thought when it comes to credit card processing fees. And, chances are that—if your business accepts credit cards—you’re set up under one of these fee structures: Tiered Rate or Interchange Plus. Knowing the difference

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What is “PCI compliance”? And, does it concern my business?

You may have recently received some information in the mail regarding “PCI compliance”.  Or, perhaps you just noticed a “PCI Validation Fee” on your monthly merchant processing statement.  Or, maybe a sales representative for a merchant processor called to inform

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Five things you can do right now to save on credit card processing fees

For many businesses, accepting credit cards is a necessary method of collecting payments. And unlike cash, credit card payments cut into the profitability of a sale. It’s left many businesses wondering what they can do to keep their fees as

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Good sense & credit cards

We live in a plastic world. And by plastic, I’m not referring to plastic surgery. I’m talking about the 54 mm by 86 mm piece of plastic we carry with us at almost all times — our credit cards. According

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