You hear about it all the time. Maybe you’ve taken action to protect yourself against it, maybe you plan to or maybe you think it can’t happen to you. Whatever the case, this is a must read. In a 2013 report by Javelin Strategy & Research it was revealed that 12.6 million Americans were the [...]
Artisan Merchants and Craft Show Vendors; are you looking to add more shows and increase your sales this year? 1st National Payment Solutions has been providing merchant account services to your industry for over 10 years. As a result of our marketing we have become very familiar with the most popular media displaying the top [...]
If you are considering a mobile credit card processing solution for your smartphone or tablet, here is some useful information for merchants. Smartphone & Tablet Credit Card Processing Credit Card Processing for smartphones and tablets is facilitated through downloading an application into the device and then connecting the device to a mag stripe credit card [...]
According to a recent Security Metrics study, more than 70% of merchants store unencrypted credit card data on their business networks, unbeknownst to them. Are you one of them? It’s important that you know because smaller merchants are a prime target for cyber criminals. Visa claims that although many merchants to attempt to keep their [...]
If you are considering a mobile credit card processing solution here is some useful information for merchants regarding wireless credit card terminals. Wireless Credit Card Machine This is a credit card machine with built in thermal printer and a rechargeable battery. The terminal is connected to one of 2 wireless data networks either CDMA or [...]
Unfortunately, due to a stagnant, repressed economy and a high rate of unemployment the number of people on government assistance programs has increased exponentially over the last few years. Since 2008 the number of food stamp recipients has risen from 25 to 50 million people with the average monthly benefit peaking at $140 per month [...]
As a result of the $7.9 billion dollar class action lawsuit, the card issuers, Visa and Master Card, have been forced to lift their restrictions against merchants charging a surcharge on top of a purchase to offset their credit card processing fees. While this may seem like good news for merchants who are considering passing [...]
It was bound to happen and now it is closer to becoming a reality. The Marketplace Fairness Act of 2013, a bill introduced In February 2013, was passed the Senate in March. The bill is an attempt to level the playing field for retail, brick and mortar merchants by enabling them to compete more effectively [...]
Credit Card Fraud had increased dramatically over the years and as a result the card issuers, Visa, Master Card, Discover, American Express, and JCB among others, have taken aggressive action to combat this escalating problem; introduce the PCI Security Standards Council. Introduced in 2006, the PCI Security Standards Council is an open global form, developed [...]
Even though EMV standards have been adopted across the globe, here in the United States it sometimes seems like we are just getting started. But with various deadlines approaching, we are starting to note an increase in chatter about various target dates. The following is an article about the National ATM Council (NAC) regarding the [...]