An ongoing legal battle over fees with credit card payment processors saw some new developments this week.
Month: May 2013
The process known as Dynamic Currency Conversion can be confusing to consumers and requires honesty on the side of the business owner.
The changing nature of information technology may suggest new solutions for payment processor security.
A store-based card can be a way of encouraging business for those that are regularly using payment processing. However, such offers should be handled carefully.
An ongoing settlement against major card companies has taken a new wrinkle with the formation of another lawsuit by some of the original suing parties.
Although there may be forces preventing them from doing so, merchants should consider upgrading their credit card payment processing units on their own to guard against future fraud attempts.
Accepting credit card payments can help shops engage young people and others who still make it a point to visit physical stores.
As merchants consider which POS solution will best promote a better customer experience, they also need to seek payment processing software that will adapt to any hardware solution.
Adhering to the correct guidelines when it comes to card fees can be the best route for both sides to follow.
Another breach should have POS store owners on the alert to address the possibility of attacks before they happen.