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16 May 2016, 4:00 am by John Gregory
The traditional “huge but bounded” closed contractual universe of credit card companies, banks and merchants is not easily replicable for competing and technologically incompatible payment mechanisms launched by telecoms, device manufacturers, social media giants, innovative merchants and garage-based startups. [read post]
18 Sep 2023, 5:00 am by Julian Morris
   Specifically, by limiting withholding requirements to card payments (and—in some cases—only to credit cards), tax authorities are effectively providing merchants with incentives to give preference to other payment methods, including cash and P2P payments. [read post]
26 Aug 2021, 8:58 am by Kristian Soltes
” A credit-card interchange fee, also known as a transaction fee or a processing fee, is the fee the merchant — the business — pays to be able to accept credit cards. [read post]
26 Aug 2021, 8:58 am by Kristian Soltes
” A credit-card interchange fee, also known as a transaction fee or a processing fee, is the fee the merchant — the business — pays to be able to accept credit cards. [read post]
11 Sep 2012, 9:47 pm by BGrimm
The 2012 version of THE DAVIS STIRLING ACT IN PLAIN ENGLISH is currently available on the website and the 2013 version will be available in 2013.Right now you have to call me if you want to use a credit card because the merchant credit card people and website people are not working together for me right now and I don’t have time to dive in and fix it. [read post]
4 Feb 2010, 10:05 pm by lawmrh
Lower cost online providers seriously undercut the overpriced merchant. [read post]
29 Nov 2010, 8:15 am
These rules “impede merchants from promoting or encouraging the use of a competing credit or charge card with lower acceptance fees,” he explained.MasterCard and Visa were willing to resolve these antitrust concerns at the time the Division filed the compliant, agreeing to allow merchants to offer consumer discounts and rebates; express a preference for a particular credit card; promote particular cards through communications to customers; and… [read post]
17 Dec 2021, 11:17 am by Kristian Soltes
When It Comes to Fraud Online, Merchants Need to Be Wary of Friendly Fraud TooDigital Transactions News – December 15, 2021 The Covid-19 pandemic has proven to be a huge boon for e-commerce, but it has come at a cost for merchants in the form of higher chargebacks. [read post]
17 Dec 2021, 11:17 am by Kristian Soltes
When It Comes to Fraud Online, Merchants Need to Be Wary of Friendly Fraud TooDigital Transactions News – December 15, 2021 The Covid-19 pandemic has proven to be a huge boon for e-commerce, but it has come at a cost for merchants in the form of higher chargebacks. [read post]
13 Mar 2009, 2:09 am
It would probably be best if attorneys have two credit card merchant accounts...one for earned legal fees and costs and a second for advance fees and expenses.6. [read post]
11 Feb 2021, 8:10 am by Kristian Soltes
But scores of small community institutions are also listed, along with large and small processors with roots in the banking industry, including Fiserv Inc., FIS Inc., and Jack Henry & Associates. [read post]
25 Oct 2018, 12:33 pm by David S. Reidy and Anthony Q. Le
  SB 1235 covers “commercial financing,” defined to include commercial loans, commercial open-end credit plans, factoring, and merchant cash advances, for transactions less than $500,000. [read post]
12 Jan 2024, 6:00 am by Michelle
 While retailers, merchants and consumer advocates seek to rein them in, bank card issuers and partner networks are poised to push back, promising an escalation of tension over credit and debit fees. . . . [read post]
27 Aug 2020, 8:07 am by Kristian Soltes
Visa International Service Association (Visa) is a global leader in electronic payments. [read post]
11 Apr 2011, 10:40 am by Harley Geiger
The upside, though, is that the security of NFC-enabled phones could be quite good, or at least no worse than a credit card. [read post]
29 Jun 2009, 1:46 pm
Butler admitted Monday that he began hacking banks, merchants and other hackers to steal credit card numbers, then sold them to Aragon. [read post]
14 Jul 2017, 10:28 am by jmalcolm
You can still buy pharmaceuticals online using a credit card, but these tend to be from unregulated, rogue pharmacies that lie to the credit card processors about the purpose for which their merchant account will be used. [read post]
5 Apr 2009, 1:58 am
Nevertheless, if your business is taking credit cards, you want to be careful so there is no identity theft and so you do not have to refund the money or have your merchant services affected adversely by any credit card fraud perpetrated by a customer or client. [read post]