by admin | Aug 22, 2024 | Merchant Services, Security
PCI-DSS Compliance: Understanding and Implementation Introduction The Payment Card Industry Data Security Standard (PCI-DSS) is a set of security standards designed to ensure that all companies that accept, process, store, or transmit credit card information maintain...
by admin | Aug 22, 2024 | Merchant Services
American Express (Amex) cards are a type of credit card, but they have some distinct features and differences compared to other credit cards issued by banks like Visa or MasterCard. Here are some key differences: 1. Issuer and Network American Express: Amex is both...
by admin | Aug 22, 2024 | Merchant Services
Yes, many banks have their own payment processors or work closely with third-party payment processing companies to provide payment processing services to their customers. Here’s how it works: 1. In-House Payment Processors Proprietary Systems: Some large banks operate...
by admin | Aug 22, 2024 | Customer Service, Merchant Services
Increasing customer service through credit card processing can significantly enhance customer satisfaction and loyalty. Here are several strategies to achieve this: 1. Offer Multiple Payment Options Variety: Accept a wide range of credit cards (Visa, MasterCard,...
by admin | Aug 22, 2024 | Customer Service, Merchant Services
Yes, businesses can pass on credit card fees to customers, but there are important considerations and regulations to keep in mind: 1. Surcharging Definition: Surcharging involves adding a fee to a customer’s bill when they choose to pay with a credit card, to...
by admin | Aug 22, 2024 | Brick and Mortar Credit Card Processing, Merchant Services
Payment Processing for Retail Brick-and-Mortar Stores Introduction In the dynamic world of retail, brick-and-mortar stores face the challenge of meeting evolving consumer expectations while maintaining efficient operations. One crucial aspect of this is payment...
