Recent Posts | Page 10

Hypercom End-of-Life Notice for Optimum L4250 Payment Terminal

April 9, 2015July 1, 2011 by G Jason Schnellbacher

July 1st, 2011 – Hypercom released an end of life notice for the Optimum L4250 payment terminal. Hypercom will cease taking orders and end development on October 31st, 2011. The end of service date was set at January 31st, 2015 when service and repair support will be discontinued. Hypercom recommends customers to begin planning migration strategies to L5000 series multi-lane payment terminals. See Hypercom EOL Letter L4250.

New Interchange Regulations Announced

April 9, 2015July 1, 2011 by G Jason Schnellbacher

Searching for an update on the new interchange regulations just announced? Get the skinny here. If you are a merchant, this is what you need to know.

On June 29, 2011, the Federal Reserve Board (FRB) approved the final regulations for section 920 of the Electronic Fund Transfer Act as amended by section 1075 of the Dodd-Frank Act.

Although all parties have yet to determine the complete costs of both Signature Debit, and Pin Debit interchange, we would like to share the information provided to date.

Get Approved – Explain Your Billing Policies

August 16, 2022June 13, 2011 by G Jason Schnellbacher

Merchants that accept upfront payments with future delivery can be considered high risk. These merchant types can be exposed to significant chargeback risks. If you are seeking a merchant account you should be ready to explain your billing policies. Be ready.

New Terminal to Accept MasterCard PayPass

August 16, 2022June 13, 2011 by G Jason Schnellbacher

Looking for a new payment terminal to accept MasterCard PayPass? You’ve come to the right place. We give away free MasterCard PayPass compatible contactless NFC readers to qualified merchants that switch merchant accounts.

What Merchants Need to Know About Chargebacks

April 9, 2015June 9, 2011 by G Jason Schnellbacher

The rules for chargebacks. Information for merchants about how to fight chargebacks.

Alternative Funding Cash Advance Loans for Retail Businesses

April 9, 2015May 31, 2011 by G Jason Schnellbacher

Bank not giving you a loan? Need cash to expand your growing retail business? When traditional funding is not available alternative funding loans like merchant cash advances may be worth exploring. If your retail business accepts credit cards, you can get a cash advance on your future credit card sales. The merchant cash advance gives business owners a hassle free alternative to conventional business loans. It is a simple, convenient way to get the cash you need into your business today.

FREE Datawire Micronode for Petroleum Merchants

December 24, 2020May 29, 2011 by G Jason Schnellbacher

Buy a Datawire MicroNode or Get One Free?

Petroleum Merchants – Looking for where to buy a Datawire Micronode Secure Transport device that is certified and supported on the First Data BUYPASS platform to consolidate all your POS devices into one IP connection so you can get rid of the dedicated analog phone lines for each terminal? Instead of buying one, how about getting one FREE?

As an First Data Independent Sales Representative agent, we offer FREE Datawire Micronodes and competitive pennies over interchange pricing for petroleum merchants that own non-branded gas stations.

Battle for the Secure Element – MicroSD & NFC/Bluetooth Stickers

December 13, 2021May 21, 2011 by G Jason Schnellbacher

The epic battle over the secure element that enables NFC contactless mobile payments is taking shape and the corporate armies are building their positions and preparing for war. The spoils of victory are substantial; by 2014, analysts expect mobile payments to reach $633 billion annually, with 490 million customers using their phones to move cash around. The GSMA mobile operators favor the secure SIM card (both removable and embedded) while the banks appear to favor MicroSD cards fitted with NFC capabilities and stickers with combined NFC/Bluetooth chips.

PCI Compliant Merchants Less Likely to be Victims of Breach

September 20, 2022May 21, 2011 by G Jason Schnellbacher

Merchants that are compliant with Payment Card Industry Data Security Standards (PCI DSS) are less likely to be victims of cardholder data breaches according to a new 2011 PCI DSS compliance trends survey.

Fraud and Chargeback Reduction Tips

February 25, 2019May 7, 2011 by G Jason Schnellbacher

Looking for information on how to reduce fraud and chargebacks? Check out these fraud prevention and control best practices for risk management and e-commerce security. Doing the little things can make a big difference.

The Chargeback Process