Visa, Mastercard Announce Changes to Chargeback Monitoring Programs
Visa and Mastercard recently outlined new changes to their chargeback monitoring programs. A chargeback monitoring program is a specialized program for merchants who experience a high number of chargebacks, with the purpose being to help these merchants reduce the number of chargebacks filed against them. It’s critical you choose a payment processor that will monitor […]
3 Ways to Protect Your Retail Business from Theft
Imagine walking into your business on a Monday morning…only to find your front window shattered, your POS system missing, and your inventory in disarray. Awful feeling, right? Now imagine going to sleep at night, not a single worry in mind, because you know your retail business is fortified with powerful security technology. Great feeling, right? […]
In Need of Merchant Processing? Watch Out for These Three Deceptive Practices
Let’s be real: you don’t care about merchant processing. What I mean is that you don’t care how credit card information travels from your POS terminal to the banks and back. You don’t care about what the credit card companies are doing, or about the latest regulations they put in place – unless they directly […]
Here’s How You Can Prevent Credit Card Fraud Before It Happens
Your customers value nothing more than their own security. Unfortunately, most credit card users feel anything but secure. With the advent of technology, hackers are slipping passed firewalls and security checks with ease. Some people even distrust these security systems enough to avoid using credit cards altogether. Enter you, the merchant – the one whose […]
5 Things to Take Away from Target’s Customer Mishap
Last weekend, customers at Target stores across the country saw their worst nightmares come true as the stores’ checkout stations broke down. Angry customer after angry customer flooded the store while Target staff members could only stand by until the problem was fixed. While Target attributes Saturday’s outage to an “internal technology issue”, they believe […]
What Should You Look for in a Payment Gateway?
There’s one section of your business’s website that you can’t afford to mess up. You guessed it…the checkout page. It doesn’t matter if a customer wants to buy every single item available on your online shop; if their payment gateway doesn’t read their credit card or works too slow, the customer will take their business […]
A Letter from CEO Jerry Lai – Taking Over the Payment Processor World
Dear Business Owner/ Entrepreneur / Go-Getter, Don’t you want to take your money back from the banks? The credit card payment industry is a daunting and confusing world to navigate. You’ve got the banks, your customers, payment processors, and credit card companies all looking out for themselves – and it’s often the hard-working merchant that […]
Is Apple Pay Worth Your Business’s Time?
Quantum Electronic Payments is an authorized Apple Pay dealer that helps you transform the way your business accepts payment transactions. With the release of the new iPhone iOS system, payment transactions have never been more simple. You can now process payments without manually swiping a credit or debit card. For the merchant, not much […]
