Blog

Category: Processing 101

June 16, 2017

Chauffeur Driven Magazine Features Chosen Payments

Chosen Payments is honored to be featured on the cover of Chauffeur Driven​ Magazine. The feature article shares the vision of our CEO, Jeff Brodly from the inception of Chosen Payments to the present time. It highlights our commitment and dedication to the ground transportation industry. We invite you to click the link below and learn more about our story. With more than 1100 transportation companies processing with us, we want to say, THANK YOU to the ground transportation industry for supporting us. You sure have our support. bit.ly/CPCD17  


December 15, 2015

5 Tools Every Merchant Should Be Using

As a merchant, you want to take advantage of different tools, systems, and technologies as a means of staying competitive. After all, the merchants that consumers choose to do business with depends on the overall buying experience. Five Critical Tools Loyalty Program—The reality is that without customers, you have no business. To gain loyal customers who gladly tell others about your store, you need to offer a seamless transaction and high level of professionalism. However, to ensure ongoing satisfaction, consider some type of loyalty program in the form of a monthly drawing, promotional give-away, or punching a card with each...Read more


December 2, 2015

Credit Card Processing Fees and How They Work

In credit card processing transactions, fees represent a significant amount of your monthly overhead. Because of this, you need to work with the right credit card processor. After all, by understanding how fees work for credit card processing, you can find options to save. Once information on a transaction is entered, a request goes to the issuing bank, which verifies the account’s standing. If the funds are available, the transaction is approved, but if not, it is declined. Once funds are electronically deposited into the processing company’s account, they are then deposited into your bank account, minus applicable fees. The...Read more


October 9, 2015

Credit Card Processing Tips: 6 Confusing Things about Accepting Credit Cards

As a merchant, there are multiple aspects of credit card processing to understand. While some of these things are clear, several tend to be confusing. Credit Card Confusion Processing Quotes – Pricing tends to be the most confusing aspect of credit card processing because you probably have no idea what constitutes a competitive price quote. Because of this, you are forced to depend on what your sales rep says. Even though you expect your bank to provide all the answers, in truth, these financial institutions know very little about the credit card industry. Therefore, you need a sales rep with...Read more


September 17, 2015

Key Factors When Choosing a Credit Card Processor – Price Is Just One Consideration

To accept payments for your limo services, you want the best credit card processor. Although price is one factor to consider, there are many others. Your ultimate goal should be to secure seamless and secure credit card processing for your company and a positive experience for your customers. Careful Considerations To secure limo services, customers use traditional credit cards, debit cards, and ACH payments, and soon will use EMV® cards. You want to keep this in mind when choosing a credit card processing system. Security – Even more important than price is the type and level of security offered by...Read more


September 2, 2015

Credit Card Processing 101: How to Protect Your Company from Charge-Backs

Charge-backs are a common credit card processing issue. Because charge-back fees accumulate fast, they can be very damaging, especially for small businesses. Fortunately, there are viable options for protecting your company from these unwanted expenses. What are Charge-Backs? A charge-back occurs when a credit card user contacts the issuer to dispute a charge and the dispute is deemed valid. As a result, the purchase dollar amount is reversed from the merchant’s account. Common disputes consist of ordered merchandise not received, false/poor representation of a product/service, substandard quality, incorrect billing, or unauthorized charge. As the business owner, you get charged not...Read more


July 9, 2015

Reducing Credit Card Processing Costs

The cost of credit card processing can be quite expensive for a business that conducts high-volume transactions. To reduce such costs, the business should search for a merchant account provider that offers discounted credit card processing fees. Deciding which merchant account provider to use is something that should be a process rather than a hasty decision. Aside from choosing a reliable and inexpensive merchant, the business can use additional tips and tricks. The following is some information on how a business owner can cut the costs of credit card processing. Take Advantage of Special Offers One way that a business...Read more