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Naples Merchant Services News and Tips: December 2010
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Naples Merchant Services News and Tips. People make the difference. Friday, December 3, 2010. How to Avoid Chargebacks. A chargeback occurs when a customer contacts their credit card issuing bank to initiate a refund for a purchase they made on their credit card. The reasons why chargebacks arise can vary greatly, but generally they are the result of either a customer not having received or simply being dissatisfied with their purchase. 1 Set Realistic Expectations. 2 Refunds, Refunds, Refunds. 9702;Care...
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Naples Merchant Services News and Tips: Credit Card Pricing Explained - 3 Tier Method
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Naples Merchant Services News and Tips. People make the difference. Saturday, February 5, 2011. Credit Card Pricing Explained - 3 Tier Method. The 3-Tier Pricing is the most popular pricing method and the simplest system for most merchants. In 3-Tier Pricing, the merchant account provider groups the transactions into 3 groups (tiers) and assigns a rate to each tier based on a criterion established for each tier. First Tier - Qualified Rate. Second Tier - Mid-qualified Rate. A mid-qualified rate is higher...
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Naples Merchant Services News and Tips: January 2011
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Naples Merchant Services News and Tips. People make the difference. Sunday, January 30, 2011. Some check verification services will use a Negative Check Database. A Negative Check Database contains a comprehensive list of people who either wrote a bad check at a retail location, paid a bill with a check that was returned, also called "bouncing a check.". This type of verification is usually linked to the person writing the check and runs the verification using their drivers license number. This type ...
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Naples Merchant Services News and Tips: October 2010
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Naples Merchant Services News and Tips. People make the difference. Sunday, October 10, 2010. E-mail is a convenient way to communicate. But, DO NOT send personal information, bank account, social security, or Credit Card Numbers as e-mail is not a secure method of communication. Most e-mail travels unencrypted over the Internet. If you must transmit personal information use a fax machine to deliver your information. Subscribe to: Posts (Atom). Naples, FL, United States. Naples Merchant Services' mission...
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Naples Merchant Services News and Tips: Merchant Funding / Cash Advance
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Naples Merchant Services News and Tips. People make the difference. Sunday, January 30, 2011. Merchant Funding / Cash Advance. Merchant Funding / Cash Advance. Merchant funding is a perfect alternative to a small business bank loan. It is ideal for small to medium sized businesses that do not want the hassle of monthly payments, high interest loans, and long-term debt. Open new locations, remodel or renovate existing locations. Debt Consolidation, Payroll. Seasonal or clientele cash flow fluctuations.
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Naples Merchant Services News and Tips: Credit Card Terminal or Credit Card Machine
http://naplesmerchantservices.blogspot.com/2011/01/credit-card-terminal-or-credit-card.html
Naples Merchant Services News and Tips. People make the difference. Saturday, January 29, 2011. Credit Card Terminal or Credit Card Machine. Credit Card Terminal or Credit Card Machine. Key functionality of a Credit Card Terminal. The credit card terminal of today has multiple facets. Depending on the needs of the merchant and the type of transactions processed by the card issuing bank, key operations and functions include:. 8226;Key Entry (mail and telephone order). 8226;Refunds and Adjustments. Naples ...
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Naples Merchant Services News and Tips: November 2010
http://naplesmerchantservices.blogspot.com/2010_11_01_archive.html
Naples Merchant Services News and Tips. People make the difference. Monday, November 8, 2010. What Is PCI Compliance? Should I be Concerned? The answer is YES! Even small merchants are being compromised and it is very important that you are protected. Maintain a secure network. Does your office network have a firewall installed and reasonable security measures in place? In short, whenever any personal information about a cardholder is stored on a computer (which is also connected to a network), that comp...
naplesmerchantservices.blogspot.com
Naples Merchant Services News and Tips: February 2011
http://naplesmerchantservices.blogspot.com/2011_02_01_archive.html
Naples Merchant Services News and Tips. People make the difference. Sunday, February 27, 2011. Credit Card Processing Methods. The earliest methods, submitting credit card slips to a merchant processing bank by mail, or by accessing an Automated Response Unit (ARU) by telephone, are still in use today but have long been overshadowed by electronic devices. These early methods used two-part forms and a manual device for mechanically imprinting the embossed card number information onto the forms. Is a stand...
naplesmerchantservices.blogspot.com
Naples Merchant Services News and Tips: Check Verification Service
http://naplesmerchantservices.blogspot.com/2011/01/check-verification-service.html
Naples Merchant Services News and Tips. People make the difference. Sunday, January 30, 2011. Some check verification services will use a Negative Check Database. A Negative Check Database contains a comprehensive list of people who either wrote a bad check at a retail location, paid a bill with a check that was returned, also called "bouncing a check.". This type of verification is usually linked to the person writing the check and runs the verification using their drivers license number. This type ...
