Blog

Stay up to date with the latest industry news, tips, and tools! We'll do our best to keep you up to date with any industry changes that may affect your business. Knowledge is power!

VISA’s No Debit Card Surcharging Policy: Avoid Fines and Stay Compliant

Jun 25, 2024

Managing expenses is crucial for moving businesses, and one of the significant costs is credit card processing fees. These fees can cut deeply into your profit margins, sometimes consuming as much as 50%. To alleviate this burden, many businesses consider adding a surcharge to credit card transactions. However, it’s vital to understand that Visa strictly […]

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Know Your Customer Laws (KYC) for Merchant Accounts

Jun 11, 2024

In the world of business, especially when it comes to accepting credit card payments, compliance with regulations like Know Your Customer (KYC) laws is crucial. KYC regulations have a significant impact on financial institutions, particularly in the context of merchant processing accounts. For business owners seeking to open such accounts to accept credit card payments, […]

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Understanding Consumer Financing: Benefits for Customers and Businesses

May 30, 2024

What are Consumer Loans? Consumer loans are financial tools designed to assist individuals making purchases or covering expenses that they may not be able to afford upfront. These loans are commonly used for buying goods like furniture, appliances, vehicles, and for moving businesses, services related to relocation or storage. The defining feature of consumer loans […]

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Comparing In-Person Payments vs. Keyed-In Transactions

May 9, 2024

Ensuring seamless and secure payment transactions is crucial for enhancing customer satisfaction and operational efficiency in the moving industry. As you navigate various payment processing methods, understanding the differences between dip (insert), tap (contactless), swipe transactions, and keyed-in transactions can empower you to make informed decisions tailored to your unique business needs. In-Person (Dip, Tap, […]

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What is data breach protection and why is it important for businesses?

Apr 16, 2024

Ensuring the security of sensitive data is non-negotiable for businesses like yours in the moving and storage industry. At Remedy Payments, as a trusted payment processor handling over $1 Billion in transactions annually, we understand the critical importance of robust data breach protection. Let’s explore what data breach protection entails and why it’s indispensable for […]

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