Softening Your Merchants’ Impact of an Interchange Rate Increase
As expected, Visa and Mastercard have confirmed an April 2019 increase in interchange rates, the fee charged by banks that covers the cost of handling and credit risk inherent in a bank credit or debit card transaction. While they have not announced the amount of the...
Why Transparency Should be Important to ISV/VARs and Their Merchants
There’s little doubt that today’s technology is complex, and ISVs and VARs must embrace the ever-changing POS and Merchant Processing Industry to stay relevant. Dig a little deeper and one can quickly see that there are other elements at play. There is an increasing...
Chargebacks: Knowing, Avoiding, and Fighting Them
Chargebacks…the bane of many small to medium size businesses. Chargebacks have run rampant in the merchant processing industry. Many business owners feel helpless as the chargeback process has evolved into an unwinnable process to fight a form of fraudulent disputes....
Using Priority’s Free MX Express Mobile Processing App as a Backup
If your merchants need to be out and about while transacting or are looking for a powerful backup processing solution, MX Merchant offers a mobile Android/iOS app built to suit their needs. MX Express is an easy to use application that allows merchants to...
Visa: Why Target’s Tap-And-Pay Leap Will Ignite Contactless Cards
After many years as a holdout in the world of near-field communication (NFC) payments, Target grabbed a lot of headlines yesterday (Jan. 22) with its announcement that it is embracing contactless payments. Target will enable this feature at checkout at all 1,800 of...
Five Keys Choosing the Right Merchant Processor
Selecting the merchant processor that’s best for your business is not an easy task. Too many merchants fall into the trap of simply looking for the provider with the lowest quote only to find themselves paying more after exposing hidden processing fees. Over time,...
The Seven Benefits of Partnering with BOLD
Control What Matters the Most—Your Ability to Succeed! It doesn’t really matter what business you are in today—everyone is looking for ways to be in control of data. Companies want to make a significant impact and stay in-step with advancing technology and do it...