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Are New Requirements Imminent in Payment Processing?

As we all know every year it is not surprising that there will be more changes coming from the payments sector. This year will be no different. This month Maxpay, an international payment gateway put together a list of some of the biggest payment processing issues or priorities that may face businesses in the coming […]

2022 Payment Trends for Businesses

Payment trends for 2022 have changed but some have remained the same or had a small change. One of the biggest changes to come will be paper checks. Especially due to COVID, more payments are being made by a payment card rather than paper checks. Consumers have reduced their paper check use by over 10% […]

New Tax Rules for Small Businesses

As we all know a new year can result in new tax rules and laws.  That is no different for 2022.  The new tax laws are specific to small businesses, freelances, gig workers, and others.  Small business owners who prepare their own tax filings need to be especially alert and on top of changing tax […]

The Debut of Mastercard Installments

Joining the BNPL comes Mastercard Installments. Mastercard will soon give consumers the option to accept offers online or in-store if they accept Mastercard. There are several options that consumers can choose from for their purchases which includes 0 percent financing. This option from Mastercard will be implemented in the USA, UK, and Australia sometime at […]

Payments Trends Predicted to Become Popular in 2021

The payments industry has experienced many changes over the last decades and there is no sign of changes stopping anytime soon.  Starting out with cash, moving to paper checks and now on to the digital payments world you can continue to see more and more changes happening. We will see the cloud becoming predominantly influencing […]

End of Support for Verifone VX805 and Worldpay

As with any electronics companies make the decision to stop supporting equipment that requires additional security updates and patches. It is normally good practice to announce an end of life or end of support deadline to give customers the ability to switch to new equipment. Payment processing terminals are no different. That brings us to […]

Carding Fraud and How to Prevent it

In today’s digital world a new type of credit card fraud comes to light on a regular basis. With the use of cashless payments growing increasingly popular every day cybercriminals are becoming more creative when it comes to getting your personal credit card information. One of the newest types of credit card fraud called Carding […]

Paycheck Protection Program (PPP) Forgiveness Possibilities

While the 2nd round of Paycheck Protection Program Loans are underway, you may qualify for forgiveness of your PPP loan should you meet the qualifications set forward. Does your business qualify for forgiveness under the new Payment Protection Program (PPP) Updates? Find out if you could qualify for the Paycheck Protection Program Loan forgiveness. Some items […]

Small Businesses and the Struggles They Have Endured Through the Pandemic

With the COVID-19 pandemic many businesses had to change up the way they handle their businesses. Although many businesses rely on their income from their storefront, they were forced to expand the capability to offer ecommerce for their customers. Improving fulfillment and distribution centers to manage improved consumers ability to shop however they choose. With […]

Criminals Use Pandemic to Devise New Method of Fraud

Everyday criminals are coming up with new inventive ways to defraud individuals, organizations, and businesses across the world. Exploiting vulnerabilities are a way of life for most of them and are now going above and beyond the normal fraud that is committed. Banks and lending institutions need to be even more diligent with protecting themselves […]

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