One of the most integral parts of the operations and a factor in client satisfaction for eCommerce businesses are offering a credible and trustworthy payment process. Customers need to know that they are dealing with legitimate businesses that will keep their money and personal details are secure. Businesses need to utilize platforms and services that […]
Category: Payment Processing
Q&A with C9PG: Future Proofing Payments Strategy The payment toolkit can either power or significantly restrict the scalability of an enterprise. Zorrik Voldman is a Co-Founder of C9PG, a 25-year-old Payment Gateway company. Mr. Voldman co-founded SIVA Corp (sold to PARTech) and M Gateway (sold to Merchant Online), in addition to five other companies in the payments, […]
Finances Online has reviewed Cloud9 Payment Gateway and awarded it Great User Experience and Rising Star 2020 Awards as part of its’ Verified Quality Program. User satisfaction was calculated based on the positive to negative ratio of media mentions Read the full Cloud9 Payment Gateway review by FinancesOnline here
Visa Interchange Rates Postponed Until April 2021 Visa recently announced that the majority of their interchange rate changes previously announced for April and October 2020 in the U.S. are now deferred to April 2021, with two exceptions: Visa will move forward with consolidating downgrade categories such as EIRF and Standard into a new Non-Qualified interchange […]
Payroll Protection Program (PPP) is live for businesses and will go live on April 10th for Independent Contractors (1099). To apply for the forgivable loans, business owners have to contact their bank. Independent contractors have to wait until April 10th. Note, that the assistance loan link on SBA web site is for non-forgivable loans ONLY.
In a prescient move, Visa has dramatically increased their fees for online processing, effective April. Mastercard also raised rates on two of their buckets. Discover and America express have increased the assessment fees by a point each. Businesses switching to or already processing most of their transactions online, may see up to 40pts hit on […]
Eddie Bauer customers may have been compromised in a 2016 POS malware attack.