December 20, 2016
Visa, MasterCard and Discover are children compared to one of the oldest companies here in the United States. True as a merchant you may not accept it but it is an important part of our history and it is a […]
December 13, 2016
While what we know today as the credit card is a recent modern invention, the idea behind it of extending a line of credit for a purchase to be paid later is nothing new. Like us today, our ancestors were […]
November 22, 2016
As a merchant, you accept Visa cards every day. How much do you really know about the company? Today we will profile one of the giants of the credit card industry. The company that we know as Visa, traces its […]
November 1, 2016
Think of the great financial centers of the world: New York, London, Frankfurt, Tokyo, Hong Kong, etc. Some of the largest cities in the world. None of them can really call themselves the credit card capitol of the world though. […]
October 11, 2016
We all know that the changeover to the new EMV cards is taking a long time. Many merchants are dragging their feet over the costs of upgrading despite the liability shift that has already occurred. If you still haven’t upgraded, […]
October 4, 2016
We read a lot in the news about credit card fraud. It is a sixteen billion dollar a year problem here in the United States alone. Yes, that was billion with a b. Part of the reason for the high […]
September 20, 2016
Magnetic stripes have had their day. At one time they were top of the line technology. They were used to store data on early computers and to store audio recordings dating back to the days of World War II. If […]
September 6, 2016
What makes the new chips in the new EMV cards more secure? After all your going from a magnetic strip to a chip, it shouldn’t be that big of a deal, should it? It is. When credit cards were first […]