Global Merchant Tips and News

April 2007 - Posts

  • POS (point-of-sale) Swipe Terminal

    Retail merchants must exercise extreme caution when applying for a merchant account or purchasing point-of-sale terminals. This is because a wrong choice made right in the beginning may catch you by surprise at a later and more crucial stage of business. The wrong merchant account provider can mean paying high priced leases on a terminal your business doesn’t need, and even paying high monthly fees. Thus, it’s crucial that during your process of getting a merchant account, you select the right terminal...
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  • Security in Online Credit Card Processing

    Online credit card processing is at a risk of online fraud. Security being at stake is a big issue for any business and its clients. Thus, your credit card processing service provider must ensure that you have no worries on the online credit card processing front as you get bigger in your operations in the online world. Following is a list of key security measures that credit card processing service must take: - Rigorous precautionary measures to guarantee that vitally sensitive information, such...
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  • Selecting Credit Card Terminal Receipt Printers

    With a credit card processing terminal, you also need either an in-built or an independent printer to print out receipts and slips for customers signatures. Just as is the case with the terminal, your choice of printer must be based on the factors of cost, reliability, need and speed. In addition, you need to choose between a thermal and dot matrix printer. Whichever you get for your business, make sure that it has the latest “drop-in” paper loading feature, making the sales process easy and hassle...
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  • Ways to Counter Chargebacks and Fraud

    Credit card fraud and chargebacks are a constant threat to any online business. According to the 2001 Online Fraud Report, conducted by Mindwave Research, 41% of merchants find online credit card fraud a serious threat to their business. There is a need for immediate measures to reduce and virtually eliminate chargebacks and fraud. A chargeback occurs when a transaction is reversed or a certain amount of money from your account is deducted. Chargebacks can occur for reasons such as, double-charging...
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