Contactless Payments for Retail During Coronavirus Just as the U.S. lagged behind other countries like Europe, Australia, and Canada in our adoption of EMV secure standards for many years, so are we way behind in our adoption of the use of contactless payments for retail during coronavirus. Due to the Covid-19 pandemic, the EU is […]
Payment Processing During Coronavirus – A Brave New World, Same Trusted Steps Brick-and-mortar is hurting right now. Having to shutter doors to help curb the spread of a global pandemic isn’t easy. Regardless, companies are finding ways to conduct business, even in adverse times. But, they may have forgotten to update their merchant account to […]
In these tumultuous times, the Bankcard Brokers team is doing our best to share what we know to help you weather the storm. Our focus is always on providing the tools and information to make your business better and more profitable. This week there have been 2 significant developments for businesses. The Payroll Protection Program. […]
Payment Processing for FFL and Gun Shops Firearms dealers, also known as Federal Firearm Licensees (FFLs), need a firearms merchant account that is both affordable and dependable – now more than ever. Lately, we have seen a significant uptick in firearms and ammunition sales, comparable only to the months preceding the 2016 election. While it […]
For many retailers, the upcoming holiday season will bring the biggest sales opportunity of the whole year and along with it, a ton of stress. The main goal for most retail business owners is to maximize their sales opportunities during this time of the year and close out the year with a bang! The good […]
With so much talk in the news regarding recent high profile data breaches and cybercrime attacks, there is one equally as dangerous type of cybercrime that tends to get overlooked by business owners and their employees. BEC or Business Email Compromise is a type of hacking that involves a fraudster infiltrating office communications for the […]
SMBs should be using their data to drive business. These days it is common knowledge that big data is a humongous resource for businesses, and with that it is also well known that large corporations are utilizing the data they collect, and even buy, to their advantage to market more effectively to consumers and achieve […]
Why do some businesses still not want to accept Discover cards? Past perception is mostly responsible for many SMB owner’s hesitance when it comes to accepting Discover Card as a payment form. Both Discover and American Express operate on their own network, while Visa and MasterCard operate through the Visa Interchange Network. This gives them […]
PSD2’s Strong Customer Authentication (SCA) requirement goes into effect on September 14th, 2019. In this day of global eCommerce, any new security measures that are mandated for payment transactions can affect merchants and consumers, regardless of where the business is operating. Last year the EEA-European Economic Area experienced new security measures go into effect for […]
For a millennia it seems, B2B payments have been facilitated through writing out and mailing paper checks every month to suppliers. While the rest of the world is embracing new forms of faster payments and digital payments the B2B world has been hanging out in their comfort zone doing things the old fashioned way. There […]