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Monthly Archives: June 2016

Consumers’ Preferred Method of Payment | Transaction Services

NextAdvisor Survey Reveals Consumers’ Preferred Method Of Payment

Blog, Payments Industry NewsBy TRX AdminJune 29, 2016

Whether it’s in-person or online, what is your preferred method of payment? Whatever our reason may be, we all have a go-to payment option. That’s why financial experts at NextAdvisor decided to dive a little deeper by begging the questions of: Why do we always reach for that one option? Is it the safest way to pay, or…

Self-Service Payment Terminals in Parking Garages | Transaction Services

Self-Service Payment Terminals In Parking Garages: What You Should Know

Blog, Payment ProcessingBy TRX AdminJune 28, 2016

In today’s digital economy, most consumers have made the switch to using credit cards to pay for everything from their morning cup of coffee to big-ticket items like vacations, home improvement projects and more. For businesses that have not made the switch with them, you could very well be leaving money on the table by…

10 Financial To-Do’s for Today’s College Grads | Transaction Services

Top 10 Financial To-Do’s For Today’s College Grads

Blog, Personal FinanceBy TRX AdminJune 22, 2016

Summer is officially upon us, which means school is out! And for some, it’s permanent. Young people everywhere are celebrating this next big step toward their journey to adulthood. For some, this could mean landing a first real “big person” job or even moving out…solo! Whatever the case may be, having a sense of freedom can be pretty awesome. However, freedom…

Level 3 Credit Card Processing | Transaction Services

Level 3 Credit Card Processing: What You Need To Know

Blog, Payment ProcessingBy TRX AdminJune 21, 2016

When acquiring credit card processing services for your small business, there are numerous things that need to be figured out and taken care of. One of those items is determining if you would like Level 1, Level 2 or Level 3 credit card processing. Essentially, the difference between the three is that they all offer…

Retail Sales at Eating Establishments Reach an All-Time High | Transaction Services

Retail Sales At Eating Establishments Reach An All-Time High

Blog, Payment ProcessingBy TRX AdminJune 16, 2016

Gone are the days of sitting around the kitchen table for home-cooked meals! In recent years, Americans have spent more money on restaurant food than on groceries. Although money spent on food in both categories is up, Quartz.com reports that “retail sales at eating establishments have grown much faster.” Perhaps this recent spike has much to…

Credit Card Fraud Prevention Tips for Small Businesses | Transaction Services

Credit Card Fraud Prevention Tips For Small Businesses

Blog, Payment ProcessingBy TRX AdminJune 14, 2016

One of the biggest threats to businesses, particularly smaller ones, is credit card fraud. The only way to completely protect your company from this is to refuse credit cards altogether. However, in today’s current economic climate, that simply is not feasible. Accepting credit cards is going to be a necessity for your business, which opens…

Tokenization Infographic | Transaction Services

Tokenization Infographic: How To Ward Off Hackers

Blog, Data SecurityBy TRX AdminJune 14, 2016

Source: http://www.inc.com/graham-winfrey/how-to-ward-off-hackers-with-tokenization.html

EMV Terminal & Compliance: Why It Matters for Your Company | Transaction Services

EMV Terminal & Compliance: Why It Matters For Your Company

Blog, Payment ProcessingBy TRX AdminJune 7, 2016

The United States is currently undergoing a transition to EMV, or so-called “chip and pin” credit and debit cards, rather than cards that have magnetic strips on them. The more advanced cards have internal microchips, and require a person to insert the card into a special reader. If it is a debit card, they will…

INFOGRAPHIC: Impact Of Credit Card Fraud In The U.S. VS The World

Blog, Everything EMVBy TRX AdminJune 3, 2016

Source: http://www.groovv.com/

5 Best, Most Important Features Of A Restaurant POS System | Transaction Services

5 Best, Most Important Features Of A Restaurant POS System

Blog, Payment ProcessingBy TRX AdminJune 1, 2016

Most food establishments rely on a POS system for efficient and secure payment processing. Not all POS products are created equal, however. Deciding on a high-quality product can protect your business from dangerous online hackers and help manage your daily operations. Features of an Effective POS System Technological innovation has led to POS systems with…

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