Mastercard Announces Expansion to Cards Starting with “2”
by Pablo Nuñez Mastercard recently announced that a new BIN (bank identification number) range for their cards would soon take effect, effectively doubling the number of available Mastercard credit and debit cards worldwide. The card giant first made the announcement in December 2016, which signaled the start of a new configuration that merchants will need […]
Customer Experience is Becoming the Brand
Building a brand used to be rather simple – a good product at a good price was pretty much a recipe for success. In the past, customers were satisfied with the quality of the goods they received and continued to shop where they felt like they could get the best value. “Used to be” is […]
Upgrade Your Encryption Protocol Now or Risk Losing Business Later
Support will end for TLS 1.0 encryption protocol For millions of merchants, the path to compliance recently took a sharp turn when the Payment Card Industry Security Standards Council announced it would no longer support Transport Layer Security 1.0 (TLS 1.0) as of June 30, 2018. For merchants with stand-alone payment terminals, adopting the TLS […]
Payments at the Speed of Sound
The first sound ever to reach planet earth probably emanated eons ago from the Big Bang, although the frequency would have been too low for humans to hear (even if we had been around at the time). Today, the ultrasonic audio technology company, LISNR, believes inaudible sound waves carry the potential for faster point-of-sale payments. […]
Trial Continuity Merchants Must Evolve or Face the Music
By Heather Petersen Processing for high risk merchants can be tough, but it can be done. I know first-hand, having been an advocate for this industry since the early 2000s, that these higher risk merchant verticals account for a significant part of the economy and offer products and services that consumers truly do want. Chargeback […]
National Merchants Association Makes the Inc. 500 List of the Nation’s Fastest-Growing Companies with Record Expansion
Merchant processor ranks No. 196 and climbs nearly 300 spots from 2016 list. TEMECULA, CA (August 18, 2017) – National Merchants Association (NMA), a global merchant advocacy group and leader in merchant services, was recently ranked no. 196 on the Inc. 500 list of the fastest-growing privately-owned American companies. The honor is the second time […]
National Merchants Association Announces Sponsorship by Commercial Bank of California
New banking relationship enables fast-growing merchant processor to expand its aggressive push into “card-present” channel and increase services to merchants TEMECULA, CA (July 28, 2017) — National Merchants Association (NMA), a global merchant advocacy group and leader in merchant services, recently announced its new sponsor banking relationship with Commercial Bank of California (CBC), a full-service, […]
Record Number of Security Breaches for Ecommerce Businesses During First Half of 2017
With the rising number of businesses turning their efforts to e-commerce throughout the world and especially in the United States, it’s no surprise that fraud attempts, both successful as well as unsuccessful, are surging. In a report released this week by the Identity Theft Resource Center (ITRC) and the security firm CyberScout, there has been […]
Mastercard to Expand QR Payments Program
Today, Mastercard outlined plans to expand its Quick Response-based programs in order to create greater choice in mobile payments – specifically retail mobile payments. Beginning almost immediately, the company will broaden its payment solutions to offer QR codes that can be scanned by consumers or merchants under a common set of universal standards. Mastercard worked […]
Gen Z Purchases Largely Influenced by Social Media
For their entire lives, the Gen Z population has been surrounded by the internet. Unlike millennials, Gen Xers, and baby boomers that can remember the days before the world wide web, Gen Zers grew up in an environment where constant information and social media were only a few simple finger taps away. In a recent […]