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Navigating Visa’s New Surcharge Rules: Understanding the Impact on ISVs and VARs

Navigating Visa’s New Surcharge Rules: Understanding the Impact on ISVs and VARs

by Robert Copeland | Mar 9, 2023 | Industry Trends, Uncategorized

Surcharging is the practice of adding a fixed fee to a credit card transaction to cover the cost of processing the payment. Merchants may find surcharging appealing because it allows them to recoup some of the processing fees charged by credit card companies, which...
Part II: History and Future of Contactless Payments

Part II: History and Future of Contactless Payments

by Robert Copeland | Jul 6, 2021 | General Merchant Processing, Industry Trends

  Read Part 1: The History and Future of Contactless Payments Here WHAT MAKES CONTACTLESS UNTOUCHABLE? Formerly known as “card machines,” terminals have provided the general public with a reliable payment system that is both undervalued and overlooked. History’s...
Part 1: The History and Future of Contactless Payments

Part 1: The History and Future of Contactless Payments

by Robert Copeland | Jun 22, 2021 | General Merchant Processing, Industry Trends

TRANSPARENT TRANSACTIONS YOU CAN’T TOUCH. As with all elements in this evergreen society of progression, every evolutionary idea eventually runs its course. Within the financial sector, the 21st generation is spectating as paper currency hits the iceberg and sinks...
COVID’s Effect on PAX and Dejavoo Terminal Shortage

COVID’s Effect on PAX and Dejavoo Terminal Shortage

by Robert Copeland | Apr 15, 2021 | General Merchant Processing, Industry Trends

COVID’S EFFECT ON TERMINAL PROCUREMENT  Due to the effects of COVID-19, the shipments for the PAX S300 and several Dejavoo devices appear to be on hold until May 1st, if not later. In this blog, we shed some light on the situation at hand, and share insight on...
Information about PAX Technologies’ Plans for Terminal Replacements in 2021

Information about PAX Technologies’ Plans for Terminal Replacements in 2021

by Robert Copeland | Jan 25, 2021 | Industry Trends

As a continuation of the recent post about VX terminal replacements, Robert is bringing you additional information on PAX Technologies’ Plans for 2021. WRAPPING UP 2020 Toward the end of 2020, PAX Technologies held their annual conference and discussed their road map...
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VersiTech, LLC is a registered ISO/MSP of each of Wells Fargo Bank N.A., Concord, CA; Synovus Bank, Columbus, GA; and Axiom Bank, N.A., Maitland, FL.