Visa QR Codes for Payments

Visa QR Codes?… A Blast from the Past?

Visa QR Codes... A Blast from the Past? Visa announced this week, that they're working on releasing new payment technology. While Visa QR Codes are now available in certain parts of the world, it's not in the US.  QR codes are a 2 dimensional barcode. Think 2002, when you used to see square barcodes that would take you to a webpage. Visa is going to harness these codes to make a
Cheaper than credit card processing

ACH Processing vs Credit Card Processing

ACH Check Processing vs Credit Card Processing Recently I was talking to a colleague in the payment industry, and he was telling me about ACH Processing. And after a few minutes of talking with him, I couldn't help but wonder why more small businesses don't use it?   Let's look at a specific example. John is an electrician. He takes most of his payments as either checks, or credit card
cayan partners with aldelo
Payments POS News Restaurant

Cayan Partnering with Aldelo?

Cayan partnering with Aldelo POS Payment giant Cayan, partnering with Aldelo POS?  In an release last week on Cayan's website, they detailed the new deal.  This partnership will offer a huge technology boost to Aldelo.  A handful of new features, as well as a seemless EMV integration, now that Aldelo is EMV certified with Cayan. EMV technology is often overlooked in restaurants. It's exceedingly rare that you'd key in a PIN at
processing fees

Processing fees… What should you be paying for?

How to choose a payment processor based on processing fees? There are many credit card processing companies out there. And processing fees are based on a lot of different criteria.  From tiered rates, interchange rates and flat rate pricing. The best place to start, is to read reviews and search the BBB to to get a better idea. Merchants need to be aware there are many hooks processors make their
Mastercard BIN

Mastercard BIN Ranges Expand to a 2 series

Mastercard BIN Ranges Expand to a 2 series Credit card giant Mastercard has recently received approval to use a 2 series BIN number. Mastercard has traditionally used a 5 series BIN, and this will be their first expanse into a new BIN range.  Cards issued as early as this year will come with the new 2 series BIN. But what is a BIN range? A BIN range, or a "Bank
card payment technology
Payments POS News

Newest Trends in Card Payment Technology

In October, the EMV Liability shifted. Which, to you and me, means that most of us are using debit and credit cards with an embedded chip these days. The embedded chip adds new security features. It's an attempt to circumvent fraud.  But card payment technology doesn't stop evolving there. You probably didn't know, is that EMV technology has been around since the 90's. Most European and Asian countries have been