Switching merchant services providers may seem like a hassle if you are switching to save money it’s worth it and your new provider should make it as painless as possible. However, there a few important items to consider when making the switch. Credit card processing is a commodity, companies usually switch for a few main reasons; to get better rates, enhanced integration, superior support and/or to ensure PCI compliance.
If you understand that “change is the only constant in life,” then it’s no surprise Visa introduced the new Visa Claims Resolution (VCR) on April 15, 2018 to simplify the credit card processing chargeback process. In business, change is often painful but required to adapt to the rising cost of doing business. Merchants are now figuring out how to adjust to this recent change that Visa made to the rules. We hope this blog helps assist you in your transition to the new rules in handling Visa credit card processing chargeback disputes and the new time-frames allowed to process those disputes.
There is no easier way to become PCI Compliant than working with the experts at APS Payments. Back in the old days, criminals would rob banks and trains full of cold hard cash. These days, criminals try to steal credit and payment card data from exposed networks among other modern-day tactics that leave companies and card holders vulnerable. They are constantly searching for victims. Thankfully, the Payment Card Industry Data Security Standard (PCI DSS) was developed in accordance to credit card processing PCI Compliance standards with several layers of protection against theft. Here are 12 steps you can take to protect your cardholder data and facilitate the broad adoption of consistent data security measures on a global scale.
Processing a partial down payment or splitting a bill among several credit cards on an order may seem like a hassle if you don’t do it every day. If you’re in the business of making it convenient for your customers to do business with you, then you’ll most likely encounter one or both of these requests often. In fact, one of the most popular questions our Acumatica integrated payments customers ask is, “How do I apply a down payment or a split payment to an Acumatica sales order?’ Click below to watch a video with step by step instructions for processing split payments and down payments.
PC Charge has now been unsupported for over 2 years, and yet certain companies have still been using PC Charge to process cards through their accounting software. On April 6th, 2015, Verifone announced they will no longer support their credit card application PC Charge. Many companies have continued to use this software, since they have heavily customized their ERP system. Newer versions of ERPs and payment integrations have better security features and protocols (Hint: APS!) that are PCI Compliant.
PC Charge, a server-based credit card processing middleware, is installed on a business’ local server to process credit card and store information on-site. Even though PC Charge has stopped working for most merchants, several companies have found a way to piece their systems together to keep it running. This, however, will likely come to an end in 2018. PCI
Whether you need the ability to process payments in the field, at a tradeshow, or on the sales floor, with American Payment Solutions mobile credit card processing solutions, you can accept payments anywhere using your Android and iOS devices.
Multicurrency billing is one of the strongest differentiating factors between SAP Business One and other leading mid-market ERP systems. To maintain this strong differentiating feature, SAP Business One credit card processing functionality MUST enable users to accept accounts receivable payments in multiple currencies.
International companies who need the ability to process payments in multiple currencies will be able to do so using American Payment Solutions credit card processing SAP B1 integration. APS also allows this feature through a single database, using a single gateway, which simplifies this process regardless of your native currency.
PC Charge is discontinued middle ware that is no longer supported. It stores credit card information on the local server. For this reason, it is possible the local server can be hacked, compromising the credit card data. If you are still using this discontinued solution you should be looking for PC Charge alternatives. Companies using PC Charge may be held accountable for any credit card data theft in the case of a data breach.
In 2015, Verifone announced the retirement of PC Charge. Since it is no longer supported, users are not able to validate PCI DSS compliance. In order to validate PCI DSS compliance you must find a PCI DSS compliant solution. We receive many calls from companies exploring options to PC Charge. If you are looking for a credit card processing replacement, you have come to the right place!
Payment Card Industry Data Security Standards (PCI DSS) were first introduced in 2004 and have tightened ever since. The standard was created to increase controls and reduce credit card fraud. In short, PCI compliance is a set of industry standards used to measure the security of businesses that accept, process, store, and transmit credit card information. If a company is PCI compliant they are less likely suffer data breaches that could expose customers to identify theft. If a company has a merchant ID and accepts credit cards in either their physical or virtual business, then they are subject to PCI DSS industry standards. . It is important to find a credit card processing solution that is PCI compliant.
After paying merchant processing fees, how much of each transaction do you actually get to keep? How much of a difference would it make to your income if you could lower your merchant processing fees by as much as 1.50%?
Now you can. Today’s handy guide helps you discover how Level 3 Processing increases your profits, without any extra work.
