CreditCardProcessing.com

CreditCardProcessing.com
Share

Many cards in America today have magnetic strips at the back. When a customer makes a payment, the processing terminal reads the magnetic strip, using this information to charge the customer’s account. A new, more secure card, the EMV (Europay, Mastercard, Visa) card, has been introduced across the globe, with America a late player to make the...

These days, smartphones are more technologically advanced than ever. However, one of the most common features available in many devices over the past few years is NFC. Also known as near-field communications, this is a technology that allows a smartphone to be used to be paired up with another Bluetooth device for sharing content or mobile payments...

A critical component to credit card processing is the terminal that is used at the point of sale. While there are various types of terminals that you may have access to through your merchant accounts, the EMV terminal is a top choice because of its ability to limit fraudulent transactions. By understanding more about how this type of terminal works...

The modern credit card industry and credit card processing began in the 1950s, and the first credit cards were simply a platen upon which a number was stamped so it could be transferred to a carbon paper receipt through the use of an imprinting machine. These receipts were then “deposited” through merchant accounts to serve as records of...

Most recent and upcoming American credit cards feature a new form of security named EMV technology. Otherwise known as ‘Chip Cards’, EMV, which stands for “Europay, Mastercard, and Visa,” is believed to drastically affect how credit cards are used and perceived by both consumers and retailers. Part of the reason this is such a big development is...

When it comes to credit card processing, you have several options available to consider. An EMV terminal is one of the newer options, and it may be one of the more expensive options in some cases. However, there are clear benefits associated with using an EMV terminal, and you may want to consider seeking this type of terminal when you are setting...

If your business is like most others, you use merchant accounts to accept credit cards as a method of payment from your customers. Credit card processing is simply part of your business, and you may be using the same processing terminals and processes that you have been using for years. There have been wonderful innovations in credit card...

As a business owner, it is important to increase profits as much as possible. There are many ways to cut back, but your credit card processing is something you must have to stay in business. Without it, you would not be able to accept credit cards from your customers. However, you may find that it is beneficial to think about switching your...

Customer loyalty is one of the key indicators of business health. Losing even a fraction of your customers on a monthly basis may seem like a harmless, natural event but may suggest a more serious underlying condition. Here are 5 ways to increase the number of repeat customers and build a loyal consumer base. Establish a Connection Studies show...

For the typical business person who runs across fraudulent transactions involving credit cards, credit card processing with smart chip technology adds an extra security measure to purchases. When customers pay for purchases with credit cards featuring embedded chips, merchant accounts are protected because all purchases receive special validation...