As a way to combat the longer transaction time associate with EMV (chip) transactions, Visa has been leading the charge to release a new technology called Quick Chip.
As a way to combat the longer transaction time associate with EMV (chip) transactions, Visa has been leading the charge to release a new technology called Quick Chip.
Chip cards seem to be a common point of frustration for businesses and cardholders. From the longer transaction time which lead to staring awkwardly at the customer, to the frustration of pulling the card out too soon, it’s no wonder that people aren’t taking too kindly to it. In the video below that was posted […]
For your business to accept payments via debit and credit cards, you will need to have a merchant account. But first, get to know what a merchant account is before getting one. What is a merchant account? Merchant accounts are online bank accounts programmed with independent payment processors. It means that your business bank account […]
Anyone who’s worked retail has likely made a mistake while charging a credit card. This can create a headache for customers, staff, and management. For most people the first reaction is to simply void the transaction and start over. The problem with this approach is you’re usually left with the customer asking why they were […]
A payment gateway is needed to accept debit or credit cards payments for online merchants and small or big businesses. The gateway manages these transactions by encrypting all the data and sending it to a specific payment portal, bank or front-end processor. A payment gateway accepts, processes, and authorizes all debit and credit card transaction.
