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July 25, 2017

World’s Largest Credit Card Processor Recognizes Chosen Payments

nhra

The National Hot Rod Association (NHRA (http://www.nhra.com/melloyello)) has long been known for producing the fastest four seconds in motorsports. Traversing a quarter-mile in the blink of an eye, NHRA funny-cars leave clouds of smoke in their wake before blasting down drag strips at speeds approaching 350 miles per hour. But if the roar of a 10,000 horsepower engine, and the smell of smoldering rubber doesn’t get your gears turning…maybe this will: As a governing body with 60,000 members, the NHRA presents a huge business opportunity to First Data that extends far beyond the race track. And thanks to the work...Read more


July 21, 2017

Friday Fun Facts

friday fun facts

Police Arrest Man – Set Him On Fire Manitowoc police arrested Travis Tingler for standing in the street naked. Tingler resisted officers during the arrest causing them to use a stun gun. Tingler managed to retrieve a lighter from the ground during the struggle.  The probe of the stun gun hit the lighter which burst into flames setting Tingler’s beard and chest hair on fire. Bank Executive Caught Stealing From Whole Foods A bank executive was busted at the Tribeca Whole Foods for shoplifting $210 in goods. Jordan Lupu, was busted by store security with 32 items in a baby...Read more


July 19, 2017

Managing Mobile Fraud

mobile fraud

Over 2 billion smartphone and tablet users are expected to make at least one mobile transaction during 2017. Mobile purchases are dominated by young shoppers, mobile commerce (aka mCommerce), already accounts for over 50% of US online transactions. It is likely to become the most preferred shopping method of the future. While mobile sales present great opportunity, merchants still have some way to go before they can maximize revenues and effectively prevent fraud losses from mobile sales. According to the 2017 Global Fraud Survey, over 90% of eCommerce merchants use the same tools to manage fraud across both web and...Read more


July 14, 2017

Friday Fun Facts

friday fun facts

Wimbledon Requires White Undies When it comes to enforcing its all-white dress code, Wimbledon will check in your pants. An umpire made tennis player Jurij Rodionov pull part of his shorts down to reveal colored underwear! A supervisor double checked and sent Rodionov off to change his undies before he was allowed to play. The staff have previously forced Venus Williams to change out of a pink sports bra. ATM Machine Spits Out A Desperate Plea For Help A customer obtaining cash at a Corpus Christi Bank of America got his cash along with a note that read, “Please Help...Read more


July 13, 2017

In The Fraud War – The Chip Trumps The Stripe

chip card technology

What is it about the microchip that makes credit and debit cards so much more secure than those that contain only the magnetic strip? It’s In The Numbers Magnetic stripes contain information that doesn’t never changes.  It includes the account number, the expiration date, the 3-digit security code and even your name.  That stored information makes it relatively easy for a thief to use a cheap machine known as a skimmer to scan and store the card information from the magnetic stripe.  Skimmers can be placed inside ATM machines or gas pumps and retrieved after you leave.  Even your PIN...Read more


July 7, 2017

Friday Fun Facts

friday fun facts

The Doctor Forgot Something A woman has filed a lawsuit against a hospital after she claims doctors left a camera in her body during a transplant. LaCrystal Lockett of Stone Mountain in Georgia, believes her surgeon was negligent when he performed a kidney and pancreatic transplant in 2014. During a recent medical scan, the camera showed up. 72 Hot Dogs In 10 Minutes Joey “Jaws” Chestnut powered his way to a his 10th title on Tuesday, in the annual Nathan’s Famous July Fourth hot dog eating contest. Joey downed 72 dogs and buns in 10 minutes to beat his own...Read more


June 30, 2017

Friday Fun Facts – Special Edition

friday fun facts

The American Flag is the most recognized symbol of the United States The 4th of July is the birthday of America.  Here are some Fun Facts about the American Flag. The American Flag Code The display and handling of our flag is dictated by the United States Flag Code. The code was adopted in 1923 to keep the display of our flag orderly and set standards for flying what we commonly refer to as “OId Glory”. Hanging It Vertically If you hang a flag vertically on a wall, window or door, the stars should always be on the left side...Read more


June 28, 2017

What Is An “Effective Rate”

You may have heard the term “Effective Rate” when discussing credit card processing.  You may believe that a merchant services provider mislead you or even lied to you when they promised you a particular rate.  The truth is, they would not promise you a particular effective rate because the overall cost is not controllable.  There are too many variables including how the card was processed (phone, manual key, swiped or chipped) as well as the type of card used for the transaction. The effective rate of a credit card processing statement is the total processing fees divided by the total...Read more


June 23, 2017

Friday Fun Facts

friday fun facts

Three Men Arrested For Stealing Avocados Valued at $300,000 Three men in California were arrested on suspicion of grand theft avocados. The three men stole more than $300,000 worth of avocados. “We take these kinds of thefts seriously,” said Sgt John Franchi of the Ventura county sheriff’s department. The theft is blamed on rising resale prices caused by increased demand. Avocado prices have recently surged due to a diminished avocado crop in California and Mexico and increased demand for avocados worldwide.   These Piggy Didn’t Want To Go To Market A group of 19 pigs caused a 3-mile traffic jam...Read more


June 21, 2017

eCommerce Done Right

ecomerce

eCommerce has become a vital component of doing business. People like the convenience of shopping online for many reasons. They don’t have to leave their house or office to get what they want.  They don’t have pesky sales people following them around the store and they can browse at their leisure and they can use a credit card to make their purchase. Simply launching an eCommerce shopping cart on your website won’t necessarily bring new customers in droves.  You must have a supporting sales strategy. Here are four tips than can help you increase the use of eCommerce on your...Read more