PCI Compliance? It's an annoying term you've probably heard any time you're talking about your payment processing. You might see a PCI compliance fee on your payment processing statement, or even a larger charge for PCI Non-Compliance. So why should you care? Being PCI compliant means that a business has taken the necessary steps to protect customers' credit card information, in accordance with the Payment Card Industry Data Security Standards (PCI DSS). These standards ar

In our last post, we explained what Interchange means. That's the basis of all the ways that Merchant Processors charge. So let's do a quick review and explain the other types of programs as well. Interchange (aka Cost, Pass Through) is the cost of the card being run through the system. The rate is set by whoever issued the card. The average currently sits around 1.81% (10/11/2022). For more detail, please go to our previous post for a more in depth explanation. The reas

Most merchants have payment processing. It's sort of a necessity if you want your business to grow. What do all those terms mean? We will be explaining them over the next few weeks. Most payment processors actually gloss over them because they don't really want you to know or go too much in depth...they're hoping you don't dive too deep because that way they can throw in fees that aren't necessarily legitimate (FYI...we don't do that, if you ever want an explanation of you

In today's day and age, one of the new standards for websites is if you're ADA compliant. What does that mean? It means that your site is designed, developed, and edited so all users have equal access to the information and functions. We're working on ours too so don't worry if you're not up to speed on it yet. According to Forbes here's what you should do to avoid legal risk: Access your current level of compliance and perform accessibility audits of your website usage. (Y

What is carding? And why is it a danger to your business? Carding is when criminals test the validity of a credit card by attempting small purchases across the web on shopping cart payment pages. Carding can create an additional expense to your Merchant Service Account as every transaction or attempt causes a transaction fee. This going unmonitored can be quite expensive to the Merchant and possibly lead to THOUSANDS of dollars in a single month. Yeah...thousands. What to