Why the gap between your processing statement and actual interchange tiers is costing you real margin Learn how enhanced data programs reduce interchange on corporate purchasing cards — and why processors have little incentive to explain the difference. A clear look at what eCommerce operators are missing on every statement. TL;DR Your processing statement hides […]
Category: Merchant Services
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Enhanced Data Programs: What Processors Won't Explain
We all know that the chip, or EMV, POS is becoming the new standard for card-reading technology. But what is the difference between the original magnetic stripe and the new EMV? And which one is better?
Making a sale is always great, but it’s irritating to have to wait for the money from the transaction to hit your account. Even worse, the delay can make it hard to run your business in an efficient way, especially if your company is smaller or has a drop-ship arrangement with its suppliers. Eliminating this […]
Over the last few years, many credit and debit card issuers have added the EMV chip to their cards. These are the little golden spots on cards that look somewhat like mini circuit boards. Inside them, microprocessors are embedded that encrypt data and make it more secure during transactions. There are many upsides to enabling your point-of-sale (POS) equipment […]
If you have a business that sells a product or service and you don’t have an eCommerce processing site, you are leaving money on the table and growth to your competition. The advantages of having eCommerce stores are immediate and essential for a small or growing business. If you need more convincing, consider the following […]
