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Debit card usage has been on the rise over cash payments in the past several years with adoption rates increasing significantly. According to a report by Euromonitor International, for the first time, globally in 2016 consumers spent more on debit and credit cards...
While most merchants are familiar with Chargebacks, there is something else called a Retrieval that, while less frequent, can lead to a chargeback.
We all use both debit and credit cards. It really is best to know the differences between them to better manage your transactions and financial future. And if you are a merchant, then you really need to know the difference! Debit Card used with Pin Every time you...
One question that we’ve been asked frequently by our merchants and their CPA’s is in regards to the 1099-K. The 1099-K reports all card transactions (Debit, Credit and prepaid cards) that are processed on your behalf by your credit card processing company. According...
A question we've received recently was whether Apple Pay, Samsung Pay, etc. (NFC) were secure, and where the liability fell. To explain this let's first explore how these payments work. Apple Pay and Samsung Pay are considered mobile wallets. On...