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...
by PayProTec West Coast | Jan 19, 2021 | Credit Card Processing, Retail Sales
The numbers are in, and it turns out the holiday shopping season was not only better than expected, but also better than the one in 2019, weeks before the coronavirus pandemic struck in the United States. Retail sales in November and December totaled $789.4...
