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What do you get when politicians try to regulate fees of credit card processing companies?

by Dave | Oct 13, 2011 | Merchant Account | 0 comments

Higher fees for the customers that can afford it least. The Durbin amendment put a cap on the fees that credit card processing companies can charge for debit fees. What was the response? Bank of America instituted a $5 a month fee for anyone who uses a debit card. So...
History of the USA and National Debt

History of the USA and National Debt

by Dave | Aug 15, 2011 | Merchant Account | 0 comments

This infographic displays the History of the USA National Debt. We hope you enjoy it. Let us know what you think. [CLICK IMAGE TO ENLARGE] To put this graphic on your website, just highlight, copy and paste the HTML code below: <a...

Could Gas Really Cost Me $11.70 a Gallon in 2020?

by Dave | Aug 11, 2011 | Merchant Account | 0 comments

With all that is happening in the economy today we thought it would be interesting to further explore Inflation. Inflation is the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. As Inflation...

Square credit card processing might not be so secure

by Dave | Aug 9, 2011 | Merchant Account | 0 comments

I just read an article where a couple of researchers found it pretty easy to commit fraud using the square dongle card reader. Square is now working on a encryption system. I have no idea how they are allowed to process credit cards with out even doing something as...

Here is a Saturday Night Live skit the Government could learn from…

by Dave | Aug 8, 2011 | Merchant Account | 0 comments

I think most of the politicians think our problem is really complex.  I’m not so sure… Go here to check it out.

Visa looks to speed up NFC payment technology

by Dave | Aug 1, 2011 | Merchant Account | 0 comments

Visa is starting to speed up the implementation EMV contact and contactless chip technology.  This will allow merchants to use NFC technology to accept credit cards.  Whether you are ready or not, the time is quickly coming where you will be able to touch your phone...
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