Visa’s EMV (Europay, MasterCard and VISA) merchant incentives are expanding to other countries including the United States. The new technology was initially introduced in regions such as Europe, Asia and Canada. The new “chip-and-PIN” technology is popular because of its convenience and security when authenticating debit and credit card transactions. Not only is the technology [...]
Visa
A Guide to Visa’s EMV Merchant Incentives
Guide to Interchange Rates
It is important for every small business to take the time to understand what Interchange rates are and how to best negotiate these rates with your merchant. What industry you are in, what methods of cards you accept and the type of card that you accept determine interchange rates. Interchange fees are paid to the [...]
How to Compare Merchant Accounts
As a merchant or small business owner, one of the things that we should scrutinize deliberately is the credit card processor or merchant service provider that we should choose. Comparing merchant account providers can be exhausting as we have to take consideration of so many factors, like the tables that compare merchant account fees, rates, [...]
Are You Ready To Accept Credit Cards?
Accepting credit cards from your customers can be an exciting phase in your business, because this is where the profits will really start to come in fast. This is also where you need to be careful about your actions, because you are now dealing with very sensitive information. Unlike regular money transactions, your job isn’t [...]