Google has officially launched its online payment system Google Checkout. You can register for it at https://checkout.google.com/. Google Checkout offers some interesting “extras” that make it stand out a bit from its competitors. Basically, they’ve tied promoting their new checkout service with their Adwords program. With Google Checkout and Adwords you get: A cart icon [...]
Accepting tips is a customary practice at restaurants and salons. But it is not as simple as it may seem. Both Visa and MasterCard have guidelines as to how tip adjustments (adding the tip after the card has already been processed) are handled. Their guidelines do differ in some respects and they will be outlined [...]
Just because you have a merchant account doesn’t mean you can do anything you want with it. Visa and MasterCard has guidelines governing their use. Here are some things you cannot do: Personal Use – Visa and MasterCard do not allow their services to be used for personal reasons. All accounts must be established for [...]
The Match File is a database file used by MasterCard and Visa processing banks to identify specific merchants and owners who have had their merchant accounts terminated. Once a merchant is on this list it is highly unlikely that future merchant account applications will be approved. The Match File is essentially a BLACKLIST from which [...]
Visa and MasterCard’s July 1st deadline for implementing credit card number truncation is only two weeks away. On this date all credit card terminals must be compliant or risk fines starting at $5,000 per violation. The first phase of this new security initiative was implemented on July 1st, 2003 and required all new terminals to [...]
Subscribe (RSS)