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!
The Remedy Payment Solutions Chargeback Assistance Team has noticed an increase in telephone fraud over the summer months. In an abundance of caution, we urge you to educate yourself and your employees today some of the schemes used to perpetrate crimes against merchants. A Recurring Retail Store Scheme: Fraudsters choose a particular product to examine […]
Credit card fraud is at an all-time high. Statistics say that online fraud is up more than 750% from where we were just one year ago today. With more and more companies utilizing ecommerce, thieves are looking to use ecommerce too as a way to steal from you. We recently saw an erroneous comment on […]
As a merchant, you likely have a love/hate relationship with credit cards. Most merchants do. You love the fact that your client can pay you so easily. You love that your client can make a large purchase with you because they have credit and can pay off the charge over time. You love the convenience […]
Shopping for a credit card processor can be a daunting task if your understanding of merchant account pricing is subpar. Here are a few tips to assist you in the process. 1) Interchange pass through pricing is the best pricing structure for businesses! The pricing model known as interchange pass through (also called interchange plus […]
Given the current COVID-19 situation, we have seen a rise in contactless payments. To prevent the transmission of the virus, consumers are using mobile wallets to reduce contact with credit/debit card processing terminals. Mobile wallets are apps on your phone that store payment information from credit or debit cards that allow you to use your […]