The last couple of years have seen a lot of changes in the merchant industry for card processing. If you look back 10 years ago, things were pretty basic. You called an Acquirer for a merchant account… usually an Acquirer that’s associated in some way to your bank. They gave you one rate for your [...]
Depositing – How Does it Happen and What Can Go Wrong
As a merchant, one of your primary goals is probably to get paid at the end of the day. But did you ever wonder how those transactions you process through your terminal end up as funds in your bank account? Probably not… the logistics behind transaction processing is hardly what would make up good coffee [...]
Is My POS Terminal Chip Ready? (Questions You May Want To Ask)
Point of Sale machines have been used in business for almost more than 20 years at the point in time. Up to now, the actual physical terminal has undergone very few physical changes. With the exception of different functions, software, applications, the actual physical terminals themselves have had no massive difference or change in the [...]
