by Pay Pro Tech West Coast | Aug 20, 2021 | E-Commerce, Retail Sales
Many business owners assume that if they have an e-commerce site, they must use either PayPal or Stripe to process their credit card payments. After all, that seems to be what everyone else does. So these two options must be the only viable choices, right? Wrong! In...
by Pay Pro Tech West Coast | Jul 23, 2021 | Credit Card Processing
Picture this…You sell a product to Connie Customer and she pays via credit card. Then, when Connie’s credit card bill arrives, she freaks out. “Wait a minute,” she says to herself, “this bill is for $10.23 more than I expected. And besides, I really don’t like this...
by Pay Pro Tech 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 Pay Pro Tech 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 Pay Pro Tech 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 Pay Pro Tech 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 Pay Pro Tech 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 Pay Pro Tech 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...
by Pay Pro Tech West Coast | Jan 12, 2021 | Credit Card Fraud
Fiserv Inc. and the former head of an independent sales organization will pay $40.2 million to settle charges brought by the Federal Trade Commission stemming from alleged illegal actions committed by the ISO from 2012 to 2014 while it obtained processing services...
by Pay Pro Tech West Coast | Jan 9, 2021 | Credit Card Fraud, Credit Card Processing
Verifone and Ingenico customers should install the latest patches for their POS terminals now Security vulnerabilities have been discovered in POS terminals from Verifone and Ingenico that could have allowed cybercriminals to steal credit card details, clone...
