by PayProTec West Coast | Jun 18, 2021 | Credit Card Processing
For the past few years there’s been a battle raging in the credit card industry. What is everyone fighting about? Merchants adding surcharges to customer’s bills. Many merchants, fed up with the need to pay often sky-high credit card processing fees, decided to simply...
by PayProTec West Coast | Mar 24, 2021 | Credit Card Processing
If your business accepts credit card payments, choosing a merchant services provider is a major decision that should be taken with care. The right company can save you money on processing and equipment fees, protect you from fraud, and make your life easier when...
by PayProTec West Coast | Feb 24, 2021 | Credit Card Fraud
The statistics are staggering. According to The Nilson Report, in 2018 credit card fraud losses in the U.S. totaled $9.47 billion. That’s about 10.83 cents in fraud loss for every $100 in cardholder spending! Luckily, a great deal of credit card fraud can be avoided...
by PayProTec West Coast | Feb 1, 2021 | Credit Card Fraud, Ransomware
This cyberattack scheme hasn’t garnered nearly as much attention as the usual “break-in-and-steal-data-to-sell-on-the-Internet” type, but it can be even more debilitating. Ransomware attacks have begun appearing in the last few years and its practitioners are so...
by PayProTec West Coast | Jan 27, 2021 | Credit Card Fraud, Mobile Payment Options
Sales had been down at the electronics store, so the salesperson was excited when a caller wanted to buy a high-end big screen TV. “This is great!” the salesperson thought. “This guy knows exactly what he wants. He isn’t even questioning our prices. All I have to do...