Merchant Process Services – Everything You Need to Know

At the most basic level, merchant services is an industry term for credit card and debit card processing for businesses. Merchant Services Providers (MSPs) function as the intermediary between banks, your business, and your customers, giving your customers multiple ways to pay and enabling you to accept the payment and get paid. When a customer […]

What You Need to Know About POS Credit Card Processing

So, you’ve decided to take a leap of faith and are starting your own business. No matter how large or small your company is—whether you’re a cafe, yoga studio, sell everyday goods or high-end luxury items, your customers will expect to be able to pay for their purchases electronically with their preferred credit or debit […]

2016: A Financial Rollercoaster

In just the first few weeks of 2016, we have seen that the markets, spurred on by the volatility in China, have been experiencing their worst record ever for performance in the beginning of a year. Uncertainty over the price of oil, Chinese currency manipulation, severe weather events, global terrorism and unrest, along with other factors has many financial soothsayers calling for an exceedingly turbulent year ahead.

In fact, it was only two weeks ago that analysts with the Royal Bank of Scotland urged their investors to ‘sell, sell, sell’ ahead of what they believe will be the next major market meltdown that will mirror, or be even more devastating, than the crash of 2008. As noted in the Guardian, RBS investors believe 2016 will be a ‘cataclysmic’ year, financially speaking.  […]

Polly Want A Prison Sentence?

An Oklahoma couple landed themselves in hot water when they used ill gotten credit card information to purchase a bird and pet care accessories from Birds, Etc. in the Oklahoma town of The Village. In all, Derrick and Mishia Clark rang up a bill of more than $1000 in their pursuit of procuring a pet bird. As reported by Oklahoma City’s KOCO Channel 5 News, the Clark’s were charged on Friday, August 14 with obtaining property under false pretenses.

When it was first believed the purchase was, indeed, fraudulent, the local police tracked the credit card information to its owner who claimed they had no knowledge of, nor had they granted permission for the purchase of the bird and assorted accessories. What may be the most surprising thing about this story is that who the owner of the card is just proves that no one is immune from having credit card fraud perpetrated against them.  […]