An ongoing legal battle over fees with credit card payment processors saw some new developments this week.
Month: May 2013
Using credit processing software with foreign currency conversions
The process known as Dynamic Currency Conversion can be confusing to consumers and requires honesty on the side of the business owner.
Keeping credit card processors secure in the future
The changing nature of information technology may suggest new solutions for payment processor security.
Constructing store payment incentives with an eye for fairness
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.
Department stores file lawsuit against Visa and MasterCard
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.
Basic steps to reduce instances of fraud in business
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.
Knowing the shopping habits of certain demographics
Accepting credit card payments can help shops engage young people and others who still make it a point to visit physical stores.
Does mobile POS improve the customer experience?
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.
Choosing credit card payment processors with an eye for correct policy compliance
Adhering to the correct guidelines when it comes to card fees can be the best route for both sides to follow.
Building up processor confidence to prevent against POS scams
Another breach should have POS store owners on the alert to address the possibility of attacks before they happen.