Credit Card Processing 101
Four Reasons Fuel Retailers Should Debrand in 2024
For years, fuel retailers have relied on big-name brands like Shell, ExxonMobil, Chevron, BP, and Phillips 66 to build credibility and attract customers. These major oil companies provide brand recognition, a uniquely blended fuel with additives, and support through long-term contracts. However, as retail dynamics shift, many fuel retailers are questioning whether the benefits of…
Business Owners: Beware of EMV Chip Card Scams and Misleading Sales Tactics
The transition to EMV chip cards has been challenging for many businesses, with issues ranging from the need for new equipment to delays in certification and confusion among customers. Unfortunately, such confusion often attracts scammers and unethical companies. Here are some common chip card scams you might encounter, even if you’ve already upgraded your systems….
Personal Finance: The Rise of Cash Discounts
Key Points An increasing number of businesses are providing financial incentives for customers who pay with cash instead of credit cards. Consumers can save between 2% to 4% on purchases by opting for cash, with debit cards also offering potential savings. Higher costs associated with credit card processing fees are prompting businesses to encourage cash…
Credit Card Processing: Scams and Fraud
Merchant services representatives often use a range of tactics to secure your business, some of which are quite deceptive. For instance, a pre-recorded sales call might claim that your pricing has gone up, stating that failing to contact the company implies your acceptance of the increase. The catch? This call isn’t from your actual merchant…