Credit Card Processing | High Risk Credit Card Processing | Card Processing Fees

Credit card processing and accepting credit cards is becoming safer with the latest technology but the criminals are always trying to game the system. If you run a business and you accept credit cards you have probably heard about PCI Security EMV etc. These are terms and phrases that have come into our daily conversations due to increased threats from outside sources. These threats aim to steal customers credit card and payment info. This information is then used by the criminal themselves or sold to other criminal with the intent of using the information to make purchases typically online. We mention this again because it is important to be up to date and know that there are systems in place to help you make your business payment systems more secure. If you have not bought new equipment in say the last 3-4  years you may be looking at an card processing equipment upgrade depending on how you accept cards. Lets look at a couple of features of the new security standards. ...

What Does It Mean for Your Business? As identity theft and information security breaches become more common, credit and debit card companies are taking action and shifting to EMV chip technology. EMV smart chip credit cards (Europay, MasterCard, and VISA, or smart cards/chip-cards) are a safer, more effective way for EMV Card Processing consumers to pay with their credit or debit accounts without compromising the security of their sensitive information. It’s an attractive option to buyers, and now with the shift in fraud liability from the processing of magnetic stripe data, it is becoming necessary for sellers as well. So what are EMV chips, and how do they work? EMV smart chip credit cards rely on a two-step authentication process. First, the chips, which cannot be cloned, send a unique, one-time code before the card can be processed . The pin entry by the user provides the second step. Combined, the security precautions reduce fraudulent charges and stolen ...

In these days many small & medium size businesses take orders paid for with credit cards. Some are successful and some are not. As with any other business venture, the companies that do their homework typically have a better chance at being successful.     That homework, will start at taking a look at the advantages of accepting credit cards for your business. The heavily researched and known benefits of Accepting Credit Cards: Credit Card Processing Makes You Money 1. Convenience - accepting credit and debit cards make it easier for people to purchase your goods and services. Thus increasing your sales and profits. Some studies say by 75% or more . 2. Increase Credibility -  Advertising your businesses acceptance of credit and debit cards increases your credibility 3. Increases Average Sale and amount of goods and services sold per transaction. When we are ready to make a purchase and we are paying with a credit card we are more inclined to purchas...

Credit Card Processing has become a very large and complicated industry.  If you operate a business you are a lot better off if you accept credit cards , many studies bear this out. A company that accepts credit cards is likely to have 75% more revenue than those that do not. That is an incredible figure.  Professional Credit Card Processing Companies Having said that, it's easy to understand with so many businesses utilizing credit card processing services there would be many opportunities out there for unscrupulous  business practices. Why do so many bad companies work in the credit card processing space? It is still surprising to me that you have to be licensed to clip someones toenails or cut their hair but to work directly with that salons money you don't even need a high school diploma. That may be an discussion for another day. Companies like Quantum strive every day to train and prepare our sales agents to follow a best practices philosophy. What doe...