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Mastercard Upping the Standards for Businesses with Advanced Sales
Tyler Kattre
President
Effectively managing this higher level of risk takes a disciplined approach, one that the major card brands, such as Mastercard, are bringing to the forefront. In one of its latest bulletins, Mastercard addressed the situation by releasing revised standards for deferred delivery merchants.
Embedded Payments
Merchant Payments
Featured
The Cost of Cash on Your Business
Tom Kelly
Merchant Sales Manager
Most businesses are actively looking for ways to reduce their operating costs these days. There’s been some growing buzz about encouraging cash payments over credit card payments as a way to cut credit card transaction fees. The logic being that it costs nothing to accept cash. This may sound appealing,...
Merchant Payments
Why HVAC Needs Integrated Payments
Matt Tomlinson
Consumer standards have changed and they demand more convenience, particularly when it comes to payments. For HVAC software providers, the time has come to review and consider these changes. This means moving beyond simply enabling payments in your software. It means integrating your payment capabilities with your customers’ ERP, field...
Embedded Payments
What are Integrated Payments?
Matt Tomlinson
At its most basic level, an integrated payments program allows your customers to accept and process card payments through your software. It is a convenience for your customers as well as an opportunity for you to earn additional revenue for your company.
Embedded Payments
Why You Should Consider Integrated Payment Systems
Matt Tomlinson
Even if you already have integrated payments in your platform, you likely will need to revisit those capabilities in light of the recent shift in customer preference and expectations. The payment world has changed of late, and you’ll want to make sure your software is prepared for the change.
Embedded Payments
How to Prepare for the New Mastercard TIC Requirement
Dave Faliski
Merchant Systems Analyst, CPP
Mastercard’s plan is to begin requiring the exact TIC code from the transaction authorization to be captured and included in the settlement process. If the TIC code is not passed during settlement, merchants’ interchange fees can increase anywhere from 50 to 100 basis points.
Merchant Payments
Why ACH Should Be Added to Integrated Payment Solutions
Dan DeBraal
To answer the call for expanded integrated payment options, Wind River recently teamed up with fellow Wisconsin-ite and ACH payment expert, iStream Financial Services to create a seamless, multi-payment experience for customers.
Embedded Payments