Archives: February 2018

February 28, 2018

Does Your Credit Card Processor Help Your Business?

credit card processors

There are credit card processors and there is Chosen Payments, Your Partner in Success.  While most credit card processors simply process your transactions and take your money, Chosen Payments is committed to your success.  That means promoting your business, supporting your business and participating in the growth of your business. We take our profits and reinvest them into the growth of your business.  Whether you operate a limousine company, a jewelry store, a hotel, a funeral home or another  type of business in our vertical specialties, you will find us supporting you by not only attending your trade shows –...Read more

February 23, 2018

Friday Fun Facts


Police Dog Bit by Suspect – Bites Back A New Hampshire man was arrested for biting a police dog.  The incident unfolded when police responded to a reported shooting at a house.  Two people at the home were wanted on warrants and tried to flee.  “Both of them resisted arrest and one of them bit the police dog and then the dog bit him back.  The suspect, who was not identified, was charged with resisting arrest and assault on a police dog.  The dog, identified on the New Hampshire Canine Trooper’s Association Facebook page as K9 Veda of the New...Read more

February 21, 2018

Choosing A Credit Card Processor – Top 5 Considerations

credit card processor

Credit card processors are a dime a dozen.  You probably received a phone call from a processor soliciting your business within the past thirty days. Before you consider jumping ship for what sounds like a great offer, research the Top Five matters before selecting a new processor. Credit card processing is a utility for your business, much like your electricity, telephone and internet, credit card processing is a must-have in today’s cashless society.  Just as you expect the lights to come on in a room when you flick the switch, you have expectations of your credit card transactions going through...Read more

February 16, 2018

Friday Fun Facts


7.2 million Pounds of Trash After Mardi Gras The colorful beaded necklaces of the Mardi Gras celebration have left the city with a big mess. 7.2 million pounds of trash was pulled from clogged catch basins along a five-block stretch of the downtown parade route and 93,000 pounds was from beads alone. Olympic Size Mistake At Olympics Tore Ovrebo, chef for the Norwegian Olympics team ordered eggs for his delegation of 121 people.  Instead of receiving 1500 eggs, he received 15,000 eggs!  That amounts to 124 eggs per person. Chef plans to serve  egg sandwiches, bacon and eggs, egg salad,...Read more

February 14, 2018

The Very Basics of Credit Card Processing – Explained

credit card processor

If you are thinking that your bank is your best option for credit card processing, you are mistaken.  In fact, banks are the worst choice for your credit card processing. We will explain the difference between an “issuing bank” and an “acquiring bank”.  Without a middle man credit card processor, they can charge anything they want and merchants are none the wiser.  As a side note, credit card processing is also known as “merchant services”.  A credit card processor and a merchant services provider are the same thing and both names are commonly used. The Five Parties There are four...Read more

February 9, 2018

Friday Fun Facts


Dog Lost for Ten years Returns Home A family dog returned home 10 years after becoming lost.  Debra Suierveld mourned the loss of her dog Abby when she ran away from her home in Apollo, Pennsylvania.  Despite being microchipped, they never heard from Abby again until last Saturday when Abby turned up on the front porch of George Spiering, some 10 miles away from her home.  He took her to have her chip read and then got in touch with Debra.  Despite seeming to have been called a different name for a decade, Abby still answers to Abby. Knocked Out...Read more

February 7, 2018

Authorization vs. Pre-Authorization – What’s the Difference?


The term, “Authorizations” in credit card processing can mean different things to difference merchants.  There are pre-authorizations, purchases and captures.  We will explain the difference for you in easy to understand terms. Pre-Authorization Also commonly referred to as a “pre-auth” or “auth-only”, is a pre-authorization that places a hold on your customer’s credit card for a specified dollar amount based on a projected sale amount.  This guarantees you access to their credit limit for the specified amount.  This is important for you to know to avoid an unpleasant experience for your customer.  Let’s say your customer has a $1000 credit...Read more

February 2, 2018

Friday Fun Facts


Couple’s Wedding Held in Courthouse Bathroom Brian and Maria Schulz were about the get married at the Monmouth County Courthouse when the groom’s mother had an asthma attack.  Police officers administered oxygen in the women’s bathroom and waited for an ambulance.  The couple would need to wait 45 days for a new marriage license to be processed.  A quick thinking officer had a better idea — have the wedding in the courthouse bathroom.  While not the best venue, the couple agreed as did Judge Katie Gummer who performed the ceremony.  The couple later said they were touched that Sheriff’s Officers...Read more