PCI DSS Compliance Takes Year Round Commitment from Your Payment Processor

PCI DSS

Share this Article Payment card industry compliance gives your consumers confidence that your business follows security measures. Consumers need to know that every time they make a credit card payment, their card number is secure. When you purchase something online or on the phone, you have the same expectation. While it’s an often overlooked (or ignored) piece of the compliance …

Payment Processing Software Merchant Onboarding: What to Expect

Payment Processing Software

Share this Article Shopping for payment processing software can take a while. After considering a product’s security features, reviewing the front-end for its customer centric properties, ensuring it allows you to accept multiple payment methods, and learning how it will impact your office operations, you may be ready to dive in and start taking payments. Unfortunately, there’s one more step …

Why Omnichannel Payments are Valuable to ISOs and their Merchants

Omnichannel Payments

Share this Article What are omnichannel payments, and why should every merchant be using them? “In the case of payments, omnichannel — literally meaning multiple channels —  refers to the ability to take payments in a variety of ways without a jarring difference in convenience, service or even branding,” according to business.com.   Offering your merchants an omnichannel payment hub can …

Soar Payments Launches Paypod Payments Podcast

Paypod Payments Podcast

Share this Article Merchant service provider Soar Payments has officially launched “Paypod: The Payments Podcast.” The show will center on all things payments, and feature interviews with experts in digital payments software, fintech, security, mobile development, eCommerce and beyond. The host of “Paypod,” Scott Hawksworth, is a tech entrepreneur based in Chicago, IL. After founding a number of businesses that …

How Visa’s New Credit Card Chargeback Rules Impact Merchants

credit card chargeback

Share this Article In recent years, processing the growing number of credit card chargeback claims among consumers has become a burden for Visa. The time and money associated with processing all of these claims has led the company to overhaul the old model and rollout a new process to address chargebacks. The proposed changes went into effect just last month, …

Confused About How To Comply with Regulation E for Accounts Receivable? Legal Experts Explain

Comply with Regulation E

Share this Article Regulation E is a well-known, but often confusing regulation found within the Electronic Fund Transfer Act (EFTA). Although most accounts receivable departments fall under its scope in some way or another while accepting payments, many ARM professionals don’t fully understand what is required of them to comply. Some might even think it is too much trouble, and …

PDCflow Announces Patent on Technology for Secure Payments

Technology for Secure Payments

Share this Article Ogden, Utah — PDCflow announces partnership with US Patent owner Zukunftware, LLC for management and licensing of newly patented technology. The patent (US patent no. 9,799,029), specifically written with credit card payments in mind, allows companies using the technology to greatly reduce PCI compliance requirements by removing the credit card information from the company’s environment and storing …

How a Payment Management System Improves Office Operations

Payment Management System

Share this Article All office managers are looking for ways to save money and make operations run more smoothly. However, spotting ways to improve can be tricky. One overlooked area that can cut expenses is your payment management system. The value of a good solution is hard to quantify just by the price tag. After all, efficiency in your processes …

How To Add Value For Merchants with Built-In Payment Compliance

Built-In Payment Compliance

Share this Article There are many ways a merchant must adhere to payment compliance throughout the transaction process. What’s more, they often have little or no knowledge of the requirements they are expected to follow, even when violating this compliance could lead to litigation or crippling fines. When choosing a payment management suite to offer to your merchants, are you …

What a Merchant Should Know About Credit Card Declines

Credit Card Declines

Share this Article Accepting credit cards for your business has many advantages. One of the most convenient aspects is knowing instantly whether a payment was approved or declined. Rather than waiting days and dealing with a returned ACH payment, your business can know within seconds whether a card has gone through. When a card has been declined, the most common …