EMV is here, and it isn’t going way. Do you know all you need to know in order to successfully offer EMV transactions at your business? Here are 5 common questions and answers about EMV, courtesy of MasterCard:
As business owners, we know you’re busy and time is precious. That’s why we are here to help you keep track of interchange rate changes. If you are wondering, “what is an interchange rate?” then read on for a quick explanation of interchange rates and how they work. As a PayAnywhere Storefront merchant, you will be notified of any changes at the bottom of your monthly statement.
It can be difficult and overwhelming when trying to select a point of sale (POS) system for your business, especially when there are so many options available that make similar claims and offer comparable rates. Identifying features that are key to your business and watching out for hidden fees is critical.
As the mobile payment industry continues to grow, small businesses of all industries need to get on board and upgrade their credit card machines. A deadline has now been set in place. As of October 1, 2015, any small businesses that are not EMV card reader accessible are prone to fraud and loss of sales.
You did it! You've leased some building space, registered your new business and started bringing in inventory, but how will you process payments?
Picking the right mobile credit card processor for your business can be difficult, especially with all of the processors now available on the market. To help you narrow down your options and help you choose a trusted processor, a processor like PayAnywhere, Business News Daily has pulled together these questions you should ask before signing up with a processing company: