by Chris | May 14, 2019 | General Merchant Processing
There are a number of reasons a merchant can experience a credit card hold/reserve. There are also a number of things merchants can do to prevent this headache. Knowing the basics of credit card reserves and holds can save merchants quite a bit of frustration and...
by Robert Copeland | May 2, 2019 | General Merchant Processing
As POS and credit card technology changes, so do the requirements from Visa, MasterCard, Discover, and American Express. Merchants rely on their merchant processor more than ever for information on how to remain compliant with bankcard regulations. Doing so can help...
by Chris | Apr 18, 2019 | General Merchant Processing
The topic of EMV is not new among the POS and merchant processing industry. But while the discussion has lost a bit of steam, the opportunity for merchant processing and point-of-sale vendors hasn’t. It is no secret that the adoption rate for EMV has been slower than...
by Chris | Apr 4, 2019 | Bold Benefits, General Merchant Processing
THAT IS WHY PRIORITY I.S. AND CONTROL SCAN ARE HERE TO HELP As an added benefit for your merchants, Priority I.S. offers FREE Self Assessment Questionnaire (SAQ) support and Quarterly Network Scans through our ControlScan app. Below are the steps your merchants can...
by Chris | Mar 13, 2019 | General Merchant Processing
Even the best POS systems go down. It is not a matter of if, but when. Preparation and practice for this type of event is key. The best thing a business can do is to get ahead of the situation to mitigate the damage and reduce the financial impact. Rather than...
by Chris | Feb 26, 2019 | General Merchant Processing
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...