AltTextGDpay Articles & News

The electronic payments industry has been going through many changes. Keep up on the latest rules, technology and security as it more important that ever to keep your business running smooth. Also learn the best practices to avoid fraud and non-compliance penalties. Also keep up on interchange rates and what information to pass to qualify for lowest rates.

Merchant Account Scam Alert! Avoid Force or Offline Transactions.

A scammer with a stolen or fake card attempts a transaction. The merchant receives a decline, but the scammer pretends to contact their issuing bank and tells the merchant they received an authentication code. The scammer instructs the merchant, per their bank, to use the code and force or create an “offline” transaction. The merchant enters the code, completing the false transaction.

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Get Emerging Market Processing Rates For Propane Companies

Are you a propane company trying to save money of your merchant account fees? There is a little known fact that Visa allows a special rate for propane companies.

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How Does the $7.25 billion Visa MasterCard Settlement Effect Merchants?

The proposed $7.25 billion settlement of the class-action lawsuit brought by retailers against Visa Inc. and MasterCard Worldwide over alleged excessive interchange fees figures to be an exceptional opportunity, since it means money in the merchants' pockets. In March 2013, the lawsuit's class of plaintiffs

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Merchants Who Sell Gift Cards Need To Know States Laws

If you sell gift cards to your customers know what the state laws are if that card isn't redeemed.

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Credit Card Surcharging Laws For Each State

Are you confused about the surcharging laws imposed by the payment brands? This article clarifies the rules and which states allow surcharging?

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