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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

January 31, 2018

What Exactly is a Merchant Services Provider


Recently one of our merchants had his Merchant Account frozen.  Needless to say he was very angry in his call to Chosen Payments.  He demanded we release his funds and put them in his bank account at once.  The only problem with the request is that Chosen Payments didn’t have control of the money.  However, Chosen Payments did work behind the scenes to get the money released from the sponsoring bank as well as getting the account back to good standing within 24 hours.  That’s one of the things that a Merchant Services Provider (MSP) does.  We represent merchants in...Read more

January 26, 2018

Friday Fun Facts


Man Breaks Into Waffle House – Cooks His Own Meal When a South Carolina man had a 3:00am craving for some Waffle House food, he wasn’t going to let anything stop him.  Alex Bowen said he walked over to the West Columbia restaurant because he couldn’t sleep. After seeing no workers on the premises, except one that was sleeping, he entered the kitchen and whipped up a late-night snack.  He documented his adventure with a Facebook video.  “Got hot on the grill with a double Texas bacon cheesesteak melt with extra pickles”.  Bowen took the time to clean the grill...Read more

January 24, 2018

American Express SafeKey – An Anti-Fraud Tool

amex safekey logo

All of the major card brands offer advanced anti-fraud tools for merchants who are willing to implement them.  American Express offers a tool called SafeKey. SafeKey provides an addition layer of protection for online transactions made with an American Express card. What Exactly is SafeKey? SafeKey is American Express’ version of a 3D Secure authentication tool that protects both the Amex cardholder and the merchant to avoid unauthorized Amex transactions performed online.  Cardholders are automatically enrolled in the Amex SafeKey program with no additional action required on their part. When making an online purchase with a participating merchant, the cardholder...Read more

January 19, 2018

Friday Fun Facts

friday fun facts

Man Blows His Throat Out With A Sneeze A man’s attempt to contain a sneeze put him in hospital for a week after he ruptured his throat.  The 34-year-old man found himself unable to swallow or speak when he held his nose as he sneezed, causing a spontaneous perforation of the pharynx.  It’s an unusual condition that occurs after trauma such as vomiting or heavy coughing.  He had to spend seven days in hospital, being fed through a tube and given antibiotics through an IV drip, as doctors were concerned about complications that could arise. Snakes On A Bus A...Read more

January 19, 2018

NHRA Features Chosen Payments on Fox News

NHRA partners with national credit card processor Chosen Payments. Funny Car champion Tony Pedregon will serve as an ambassador of Chosen Payments MOORPARK, CALIF. (PRWEB) JANUARY 17, 2018 Chosen Payments CEO, Jeff Brodsly was recently featured on FOX Sports. Chosen Payments was featured on the national network as the preferred credit card processor of the NHRA, its members, fans and vendors. The national processor was recently named one of the Top 10 credit card processors in the United States by Retail CIO Magazine. Chosen Payments handles credit card processing at all NHRA tracks including ticket sales, concession stands and other ancillary...Read more

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