Monthly Archives: August 2016

Cruise Line Payment Processing Practices & Strategies | Transaction Services

Cruise Line Payment Processing: Best Practices & Strategies

August 30, 2016/0/0/

The potential for fraud is always present, but there are ways to minimize the risk. When it comes to paying for a cruise or even paying for purchases while on a cruise, clients like to know that the cruise line makes use of important safety features that protects them and their financial information. Here are […]

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Mobile Payments: Securing the Future of Millennial Spending | Transaction Services

Mobile Payments: Securing the Future of Millennial Spending

August 24, 2016/0/0/

Earlier this month, contributor writer Ryan Jenkins reported: that by 2020, Millennials will control an estimated amount of $7 trillion in liquid assets, and are expected to generate nearly 46 percent of all U.S. income by 2025. Research shows that in terms of consumer spending, Millennials are credited for spending more money online in a given year than any […]

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Merchant's Role in Payment Fraud Prevention & Detection | Transaction Services

A Merchant’s Role In Payment Fraud Prevention & Detection

August 23, 2016/0/0/

It’s exciting when a new customer places a large order and the credit card goes through without a hitch. Things aren’t so wonderful the following day when a chargeback takes place because an unauthorized individual used credit card data that was obtained by fraudulent methods. In order to protect yourself and others from this type […]

Blog, Payment Processing
Self-Service Payment Terminal Info for Parking Industry Newbies | Transaction Services

Self-Service Payment Terminal Info For Parking Industry Newbies

August 18, 2016/0/0/

Congrats on purchasing a parking garage as an investment! Assuming the garage is in a part of town that has little in the way of street parking available, you’ve got the chance to make a hefty net profit each month. You can maximize those profits by thinking about installing self-service payment terminals at the exits. Here […]

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Benefits of Small Business Credit Card Acceptance | Transaction Services

The Benefits Of Small Business Credit Card Acceptance

August 10, 2016/0/0/

When it comes to accepting credit card payments as a small business, there are many gains. Some of these benefits, as listed by Small Business Trends, includes (but is not limited to): 58% of small businesses are asked by customers to accept credit cards, on a regular basis. By 2017, credit card purchases are expected to rise […]

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FinTech: From Virtual to Reality | Transaction Services

Fintech: From Virtual To Reality

August 8, 2016/0/0/

Fintech, that term that is a hybrid of financial services and technology, is rising up to transform the way of how we think about and use money. As a financial services sector that emerged earlier this century, it originally was concerned new technology that was utilized to the back end operations of established financial institutions. […]

Blog, Payments Industry News

MasterCard Consumer Chip Cards Surge In The U.S.

August 4, 2016/0/0/

MasterCard released their latest EMV data earlier today. Since the EMV liability shift in October of 2015, nearly 80 percent of U.S. consumer credit cards are currently chip-enabled. And, there are also roughly 1.7 million active EMV terminals in their network, which accounts for 30 percent of the U.S. merchant population, resulting in a 374 […]

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POS System Basics for Retailers | Transaction Services

POS System Basics for Retailers

August 1, 2016/0/0/

Numerous services are out there to help make your retail shop run more smoothly. One of those services is a point-of-sale (POS) system. This is software that works with your receipt printer, cash drawer, and credit card reader. It automatically updates your store’s inventory so that everything is up-to-date, and you never have to wonder […]

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