COVID-19 Effects on Merchant Processing- Dealing with Daily ACH and Reconciliation

by boldpayments | Jul 24, 2020 | General Merchant Processing, Industry Trends

THREE SECTION SERIES: How COVID-19 Changed Merchant Processing How Your Merchants can reconcile daily discount using MX Reporting Best Practices for Boarding Merchants as a Result of COVID 19 HOW MERCHANT PROCESSING REQUIREMENTS AND GUIDELINES HAVE CHANGED Author:...

Four Ways Small Businesses are Finding Additional Revenue Sources During an Economic Shutdown

by Chris Venza | Apr 2, 2020 | General Merchant Processing, Industry Trends

The world has changed, and so has the restaurant and retail industry. Through no fault of their own, companies are scrambling to find ways to keep their business afloat. Many restaurants have had to completely shift their business model relying on ingenuity to...

The Best Replacement Terminals for the VX520, VX805, and iCT220

by Robert Copeland | Feb 6, 2020 | Industry Trends

The merchant processing industry constantly changes, and so do the set of standards for the credit card terminals that we have grown comfortable using. For years, workhorse machines like the VX520, VX805 and ICT220 have been the go-to terminal for agents, ISVs, and...

5 Ways POS Systems Are Changing (and Why It Matters)

by Chris Venza | Mar 23, 2019 | Industry Trends

Point-of-sale (POS) systems are advancing, providing businesses with greater flexibility, control and intelligence than ever before. Businesses have moved from traditional cash registers and stationary credit card readers to iPads and even mobile- or cloud-based POS...

Visa: Why Target’s Tap-And-Pay Leap Will Ignite Contactless Cards

by Chris Venza | Jan 28, 2019 | Industry Trends

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...