SURCHARGING FAQ – PART 2

If surcharging confuses you, you aren’t alone! Until recently, ambiguity about surcharging has caused a bunch of confusion in the payment processing industry. The good news is, due to litigation in 2012, merchants can surcharge transactions done with credit cards. As a merchant, it’s important for you to understand how surcharges work. At Impact Payment Systems, we know our services are foundatio… Read More

 

SURCHARGING FAQ – PART 1

If your business accepts card payments, you get to deal with surcharging. Until recently, surcharging caused a bunch of confusion in the payment processing industry. The good news is, we now have standards that allow merchants to implement surcharges correctly. At Impact Payment Systems, we work hard to stay on top of policy, because we understand our services are foundational to your business. … Read More

 

WHAT IS A PCI QIR?

At Impact Pay System, we champion small businesses. We provide payment systems that empower intrepid entities to find success. In order to do that, we know we have to make security and excellence a priority. At the end of the day, it doesn’t matter how careful you are: if your equipment and systems are faulty, they will let you down. Cyber criminals have identified systems as a weakness, so they … Read More

 

UNDERSTANDING PCI DSS COMPLIANCE

Whenever there’s a transaction between you and a customer, a bunch of things happen all at once. Security is paramount to you, your customers, and your business’s reputation. There are many standards that have been put in place to protect everyone involved. In our last few blogs, we discussed interchange fees and discovered that following best practices for card transactions is key to keeping tho… Read More

 

HOW CAN YOU LOWER YOUR INTERCHANGE COSTS?

Lowering operating costs is always a good thing, as long as it can be done constructively and legally. Many times, the success of your business will depend on it. The fact that everybody has to take their cut of your profits before they get to you can create a challenging situation and make the complexities of payment processing quite daunting. We are here to not only provide world-class processi… Read More

 

HOW IS INTERCHANGE DETERMINED FOR A TRANSACTION?

No matter how comprehensively you understand the world of payment processing, chances are good you understand that it’s full of important policies that can be easy to miss if you aren’t an expert. Just understanding the processes completely can be a formidable challenge. The good news is, you can stay in the know by doing your research and putting in the time to understand. If you find yoursel… Read More

 

INTERCHANGE AND WHY IT’S IMPORTANT

Some business owners are passionate about accounting and they enjoy getting into the nitty-gritty of policy. Other business owners need to hire accountants to make sure their businesses stay on the straight and narrow. Wherever you fall in the continuum between these two approaches, if you own a business, you need to understand exactly how money processing happens. This will help you avoid unp… Read More

 

PAYMENT PROCESSOR RED FLAGS

When you run a business, there’s lots of things to keep track of. Payments are close to the top of the list! It’s important to have a payment ally you can trust. Your payment processor is an important member of your team, and you can’t have success without it. The issue is, there are so many companies to choose from. Finding a company that will give you what you need, allow you to grow, and put y… Read More

 

ARE YOU DEALING WITH A BAD PAYMENT PROCESSOR?

Even though all merchants know some payment processing companies are out to take advantage of them, it can be difficult to decipher which companies are trouble and which ones are trustworthy. At Impact Payment System, we’re on a mission to be the payment processor you can trust. We’ve seen too many merchants taken advantage of. While it can be challenging to recognize a bad apple, there are some … Read More

 

SHOULD YOU CHANGE YOUR PAYMENT GATEWAY?

Even though all merchants know some payment processing companies are out to take advantage of them, it can be difficult to decipher which companies are trouble and which ones are trustworthy. At Impact Payment System, we’re on a mission to be the payment processor you can trust. We’ve seen too many merchants taken advantage of. While it can be challenging to recognize a bad apple, there are some … Read More