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The Big Business of Social Media

The Big Business of Social Media

by Dave | Jul 21, 2011 | Merchant Account | 0 comments

It seems that everything and everyone is turning to social media. Check out these unbelievable statistics about the growth or size of some social media platforms. The interesting part as well is how everything seems to be going mobile. The mobile advertising is...

Effects of the Durbin amendment

by Dave | Jul 18, 2011 | Merchant Account | 0 comments

Tempo Payments Inc is closing their doors due to the Durbin amendment. The company has already let go 60% of their employees. The company indicated the remainder of their employees will be laid off shortly. Tempo Payments appears to be solely in the debit card arena....

Will Google wallet take hold?

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

Google has introduced a new product that will allow merchants to accept credit cards through a cell phone. All a consumer will need to do is hold their phone close enough to a terminal in order to make their payment. I believe this technology will take off. How soon I...

Number of accounts hacked almost doubles

by Dave | Jun 21, 2011 | Merchant Account | 0 comments

Citigroup Inc. updated the number of accounts they had hacked from 200,000 to 360,000. Protecting your customers credit card information is critical in this day and age. Most merchants don’t realize that if they get hacked the fines from Visa & Mastercard...

Citigroup Inc. had about 200,000 accounts hacked

by Dave | Jun 14, 2011 | Merchant Account | 0 comments

Hackers aren’t letting down one bit! Citigroup Inc., one of the largest companies in the world was hacked. We have been warning for quite a while that it is important for merchants to become PCI compliant so they reduce their risk of being hacked. We will be...
The Big Business of Social Media

Who is Making all the Money with Credit Cards

by Dave | Jun 14, 2011 | Merchant Account | 0 comments

The Worlds Largest Credit Card Companies and Processors. This Infographic explores the top credit card companies and then the top bank card processors. We hope you enjoy seeing how all the different companies compare to one another, we thought it was very interesting...
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