If you accept credit cards, you have to be PCI compliant. While there are some ways to lean on your payment processor to make compliance easier, you (as the merchant) still remain responsible for those efforts. …
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When a customer pays with a credit card, the merchant doesn’t automatically receive those funds. Instead, they must go through the process of settling their transactions – typically in batches…
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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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