As economic conditions spur on more Americans to pursue entrepreneurship to create more personal revenue, the incidence of small starter businesses is on the rise. By today’s standard, it is a rarity to find a successful business that doesn’t accept credit cards—underscoring the decline of the personal check and cash-only payments in exchange for goods [...]
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In e-commerce merchant services, storing credit card numbers and other sensitive information is a fact of life. When online merchants store customers’ credit card information in a database, frequently the gloss of offering rapid checkouts to please customers outweighs the burden of rigorous security. With the increasing allure of credit card processing and merchant services [...]
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Irving, Texas, July 20, 2010 – Merchant Services Company Switch Commerce today announced that its Mobile Terminal Management System (MobileTMS) is now available on the Android Market for phones equipped with the Android operating system version 1.6 or higher. MobileTMS is a feature rich App which includes a secure comprehensive ATM management component, for the [...]
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This week the Merchant Services industry should take note. The Durbin Amendment, currently being mooted as part of the Financial Reform Bill (S. 3217), could pose a serious threat to the sustainable of business models that involve debit intercharge. Debit transactions have become an increasingly important part of not only the ATM processing and credit [...]
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The Merchant Services industry should take not this week. Debate on Senate bill 3217, the Restoring American Financial Stability Act of 2010, came to a close by a vote of 60 to 40. Harkin Amendment 4085 was not included in Senate bill 3217. Switch Commerce encourages everyone to remain vigilant by monitoring the status of [...]
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