Archives: August 2018

August 29, 2018

About Venmo and Privacy


You may remember last week that Chosen Payments shared information with you about the risk of using peer-to-peer networks such as Venmo for making payments. We strongly suggested that you know who you are exchanging money with because each transaction carries a significant risk that is much greater than simply using or accepting credit cards. While the cost of using a company like Square to accept credit cards is significantly higher than using a traditional processor like Chosen Payments, the transaction is much more secure and private and virtually anyone can accept credit cards using an aggregator. Venmo not only...Read more

August 23, 2018

Friday Fun Facts


Move Over Uber – Scooters Disrupting the Ride Business First there were shared cars. Move over Uber and Lyft! Shared scooters are taking over short city rides. But, not without problems. Because of errant crashes, collisions with pedestrians and leaving them in places they shouldn’t be, the poor scooters are being torched, jammed into toilets, tossed off balconies, hurled into garbage bins and decorated with dog poop. Scooters hit cities like Venice Beach, San Diego and Cleveland. The posh city of Beverly Hills has banned them. Denver police impound them when spotted. Pages dedicated to the destruction and mutilation of...Read more

August 22, 2018

Hazards of using Venmo


Using money exchanging apps like PayPal, Venmo and Zelle have become commonplace in our electronic society. They are great for transferring money between friends, family members and complete strangers. All one needs is a bank account, email address or phone number. But, how safe are these apps? The Federal Trade Commission added online payment systems to its complaint database last year as more scams appear on social media sites. An example of a scam is someone pretending to have concert tickets they are selling with a promise to mail them or provide an electronic code once the money is received....Read more

August 17, 2018

Friday Fun Facts

Friday Fun Facts - Man Spanks Hippo at Los Angeles Zoo - Charges Likely

Unique Items Left in Uber Sometimes things get left behind in Uber vehicles as people are in a hurry, intoxicated, distracted or perhaps they just don’t want the item anymore. Some of the more unique things left with Uber drivers include divorce papers, gold (teeth) grills with diamonds, a 1.3-carat round diamond, a marriage certificate, a box full of hair extensions, a bulletproof vest, a leaf blower, laundry hamper, a tuxedo, a college diploma and Super Man’s red cape.   Man Spanks Hippo at Los Angeles Zoo – Charges Likely A man hopped a fence at the Los Angeles Zoo...Read more

August 15, 2018

Online Merchant Reports

Online Reporting System

Every day, our call center receives calls requesting information or assistance for things that can easily be handled with our free Online Reporting system. The system is full of many bells, whistles and power features that can simplify many of the jobs associated with handling credit cards.   Setting Controls Account owners can set up multiple logins for employees so each can have their own unique password and the owner can define what access each employee has and what tools they can use. For instance, perhaps you don’t want an employee issuing refunds or credits without approval. They can be...Read more

August 9, 2018

Friday Fun Facts

Friday Fun Facts 081018

Funeral Business Using Questionable Ads Beyond, a funeral price comparison site has released a holiday-style ad showing a couple running to the beach carrying surfboards shaped like coffins. Another ad features a mock flu medication ad and asks “Headaches?”, “Aches and pains?”, “Sore throat?”, and adds, “better write your will then”. Another one shows a young woman planning her funeral in the style of preparing for a wedding, and features the caption: “For that perfect look on your big day.” A statement about the campaign on Beyond’s website reads: “So, these advertisements are a tad… edgier. And, that’s deliberate. You...Read more

August 8, 2018

We Are Mobile Payments

We Are Mobile Payments

What is a Mobile Payment? When you hear the term, “Mobile Payments”, what does it mean to you? Is it when you use your mobile phone to make a payment with Apple Pay? Does it mean you can wave your phone near a reader to pay? Does it mean you are buying something online using your mobile phone and paying for purchases in your eCart? In summary, it means all of these things and more. If you are not accepting mobile payments, you need to be and we will explain why you should accept mobile payments.   NFC Mobile Payment...Read more

August 3, 2018

Friday Fun Facts

Idaho Troopers Issue “Too Slow” Tickets Idaho State Police are enforcing a new law targeting slow drivers using the passing lanes of highways. Since the law took effect July 1, two drivers have been cited for driving too slow. Police gave warnings to three other drivers. People expect general traffic to stay in the right lane and leave the left lanes open for passing. The law doesn’t specify how much time it should take for slow cars to move over to the right lane. Drivers who hold up traffic by going below the speed limit in the left lane face...Read more

August 1, 2018

Interchange Rates


Interchange Rates – Who Gets the Money? There is no doubt that accepting credit cards costs money. Money that comes right off your bottom line profit. There is also no doubt that Merchant Services Providers or more simply known as Credit Card Processors want your business. It’s a very competitive market out there. When any kind of vendor competes for your business, it results in favorable pricing for you, the “consumer” of the product or service. As the competition tries to undercut the price of competitors, this results in lower pricing for you. However, not all pricing can be negotiated...Read more