INFOGRAPHIC: EMV Liability Shift, Why It Pays To Adopt New Technology
Source: https://usa.visa.com/
Mobile Payments App: Factors To Consider When Selecting One
Mobile payment apps have become extremely popular, and considering the fast-paced lifestyles many people live, perhaps that should come as no surprise. Every day, transactions occur in retail stores and other physical buildings, but there are many advantages that can occur when a mobile payments app is used: Allowing food delivery customers to pay on…
DetailsINFOGRAPHIC: Key Events, Turning Points That Shaped The History Of PCI DSS
The Payment Card Industry Data Security Standard (PCI DSS) has come a long way since its origins in the late 1900s, which is also commonly known as “dawn of the Internet era.” However, over the years, despite its humble beginnings, there have been many dramatic and traumatic twists and turns. Payment card compliance experts at SearchSecurity have created an infographic that…
Details
Payment Processing For Small Businesses: 4 Common Myths Debunked
If you operate a small business, it is arguably very important to make your products or services as accessible to as much of the target market as possible. Many small businesses meet that need by accepting credit cards from their customers. However, some misinformed small business owners are persuaded not to accept credit cards and decide…
DetailsUtility Debit Regulated
Interchange: 0.05% + $0.22 Regulated Debit Interchange is the Visa Interchange Rate set by the Federal Reserve capping Interchange Fees charged by US credit card issuing banks with over $10 billion in assets. Transaction is on a Visa Debit card issued by a US bank with over $10 billion in assets. Change History: Introduced October…
DetailsUtility Debit
Interchange: 0.00% + $0.75 Utility Debit is the Visa Interchange Rate for debit card transaction accepted by a registered utility. Primary Qualifications: Transaction can be full magnetic stripe read or key-entered. Transaction settled within 1 days of authorization, authorization response data included in settled transaction. Transactions must be from a 4900 sic code. Registration is…
DetailsUtility
Interchange: 0.00% + $0.75 Utility is the Visa Interchange Rate for a base card type credit transaction accepted by a registered utility. Primary Qualifications: Transaction can be full magnetic stripe read or key-entered. Transaction settled within 1 days of authorization, authorization response data included in settled transaction. Transactions must be from a 4900 sic code.…
DetailsCPS Charity
CPS Charity Interchange: 1.35% + $0.05 CPS Charity is the Visa Interchange Rate for card not present credit transactions accepted at a Charitable or Social Services merchant location. Change History: Introduced in October 2011 Visa Interchange Schedule Primary Qualifications: Transaction can be full magnetic stripe read or key-entered. Transaction settled within 1 days of authorization,…
DetailsCPS/Retail 2 Card Not Present Prepaid
Interchange: 0.65% + $0.15 CPS/Retail 2 Card Not Present Prepaid is the Visa Interchange Rate for a card not present prepaid card transaction at a retail 2 merchant location. Change History: Introduced October 2011 Primary Qualifications: Transaction can be full magnetic stripe read or key-entered. Transaction settled within 1 days of authorization, authorization response data…
DetailsCPS/Retail 2 Card Not Present Debit Regulated
Interchange: 0.05% + $0.22 Regulated Debit Interchange is the Visa Interchange Rate set by the Federal Reserve capping Interchange Fees charged by US credit card issuing banks with over $10 billion in assets. Transaction is on a Visa Debit card issued by a US bank with over $10 billion in assets. Change History: Introduced October…
Details