To reduce credit card processing fees under Visa's new Commercial Enhanced Data Program (CEDP), merchants must provide clean, complete, and verifiable transaction data when submitting batches for settlement. Under legacy…
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Visa's Commercial Enhanced Data Program (CEDP) classifies businesses as Verified or Non-Verified Merchants based on the long-term accuracy and consistency of their enhanced transaction data. This classification impacts their eligibility…
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As Visa’s Commercial Enhanced Data Program (CEDP) rolls out as a replacement for legacy Level 2/Level 3 data programs, merchants will start seeing changes to their fee statements. The most…
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Visa’s Commercial Enhanced Data Program (CEDP) introduces stricter requirements for Level 2 and Level 3 transaction data. Under legacy programs, merchants could qualify for interchange discounts by submitting placeholder data;…
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Visa’s Commercial Enhanced Data Program (CEDP) is a revised framework for how merchants submit enriched transaction data for commercial credit card purchases and how they qualify for lower interchange rates.…
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For many companies – especially those in traditional B2B sectors like manufacturing and distribution – accepting credit card payments by phone is still just as essential as it was 10…
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Chargebacks can be frustrating and time-consuming for any merchant. Whether the dispute comes from a customer claiming they never received their order or questioning the validity of a transaction, defending…
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Credit card vaulting is a payment processing strategy that allows merchants to store their customers’ payment credentials offsite in a secure, PCI-compliant environment. Instead of keeping sensitive credit card data…
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The way we work has changed considerably over the last several years. The pandemic accelerated remote work – and while some companies are shifting back towards in-person/office-based setups, the need…
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Merchants are required to complete a PCI SAQ (self-assessment questionnaire) every year. However, in some cases, it may be easier to complete multiple shorter SAQs instead of one all-encompassing one.…
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As digital commerce evolves and security standards become tighter, companies running on the IBM i face increasing pressure to modernize their payment infrastructure. While the AS/400 is known for its…
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Building a successful payment infrastructure is foundational to the success of your business. Whether you’re a B2B manufacturer, a large national distributor, an e-commerce company, or anything in between, you…
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Every year, the Verizon Data Breach Investigation Report (DBIR) delivers critical insights into the state of information security. This year was no different, highlighting areas of concern and opportunities to…
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As manufacturers optimize their payment processing operations, they may consider zero-dollar authorizations for certain transactions. Zero-dollar authorizations let them confirm that the customer has provided a valid method of payment,…
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Under the Payment Card Industry Data Security Standard (PCI DSS), a merchant is defined as any entity that accepts payment cards for goods or services. This means that manufacturers are…
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Tokenization is a payment security technique that replaces credit card data – e.g., physical card numbers and CVV codes – with randomized digits. The tokenization process lets merchants “keep” cards…
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Tokenization is a popular way for merchants to reduce their PCI compliance scope. When they process, store, or transmit cardholder data on their own systems, any part of their infrastructure…
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As you explore the world of merchant tokenization, you may frequently come across three seemingly interchangeable terms: acquiring tokens, issuer tokens, and payment tokens. Each of these tokens works in…
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Merchants are handling more sensitive data than ever before – including customers’ payment information. With cyber threats and data breaches becoming more frequent, companies must prioritize security without compromising a…
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Swipe fees are the charges that merchants incur every time they accept a credit or debit card payment. These fees are set by the credit card brands, such as Visa…
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