by Joan Winnington | Oct 3, 2020 | Frequently Asked Questions
How do merchants keep customer credit card data safe from prying eyes, those of potential hackers and company employees? The answer is the PCI-DSS, or Payment Card Industry Data Security Standard. The PCI-DSS is a massive set of rules that were written to maximize the...
by Joan Winnington | Sep 23, 2020 | Credit Card Processing, Frequently Asked Questions
Whether you own a business or not, you’ve probably wondered about the tax-deductibility of credit card fees. It’s a subject that comes up at nearly every corporate taxation conference, personal finance seminar, and budgeting webinar. Why is this seemingly...
by Joan Winnington | Sep 11, 2020 | Credit Card Processing, Frequently Asked Questions
The letters “ACH” stand for “automated clearing house” and are commonly used in the banking and financial industries to describe a specific type of transaction. Simply put, when you use an ACH-type transaction to move money, you are sending it...
by Joan Winnington | Sep 4, 2020 | Credit Card Processing, Frequently Asked Questions
Point of sale (POS) systems, sometimes called POP systems (point of purchase) are highly sophisticated, computerized components of hardware and software that record the amount, place, and time that a given transaction takes place. In addition, POS systems have the...
by Joan Winnington | Apr 17, 2020 | Business Success, Frequently Asked Questions, Merchant Industry News, Uncategorized
Opening Up America Again – Guidelines On April 16, 2020, President Trump rolled out his “Opening Up America Again” guidelines. He said that the reopening of the US would be done “one careful step at a time” but instructed governors to...
by Joan Winnington | Apr 16, 2020 | Business Success, Credit Card Processing, E-Commerce, Frequently Asked Questions, Merchant Industry News
1099/Sole Proprietors & Covid-19 If you are looking for funding for your business / 1099 / sole proprietorship, CLICK HERE to visit the COVID-19 Page at SBA.GOV Visit SBA.GOV We covered 4 key ways that you can get funding as an agent / ISO. Here they are with the...