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Processing News

12 Apr 2016

Intuit Merchants Report Costly Account Hacks

by PaymentPop | posted in: Processing News | 2

Intuit and QuickBooks Payments users are claiming that their accounts have been hacked and that Intuit is billing them for the fraudulent payment amounts.

30 Mar 2016

Authorize.net Announces Technical Updates for 2016

by PaymentPop | posted in: Processing News | 0

Authorize.net will be making some technical changes starting in mid-2016. See this list of upcoming Authorize.net changes for your e-commerce business.

25 Mar 2016

Visa, MasterCard, Discover Announce Policy Changes for April 2016

by PaymentPop | posted in: Processing News | 0

Visa, MasterCard, and Discover are updating their fees and policies in April 2016. See the upcoming interchange revisions in this merchant account article.

11 Dec 2014

NACHA Proposes Same-Day Bank Transfers by September 2016

by PaymentPop | posted in: Processing News | 0

Earlier this week, the National Automated Clearing House Association, or NACHA, released a proposal outlining a possible roadmap for upgrading existing ACH networks to enable same-day bank transfers by September 2016. The proposal, which is open for comment through February … Continued

20 Nov 2014

American Express finally offers interchange-plus pricing through its OptBlue program

by PaymentPop | posted in: Processing News | 7

American Express has a well-deserved reputation among merchants as the more expensive alternative to Visa and MasterCard. This is because the company sets its own rates for credit card processing and has historically not allowed merchant account providers to alter or … Continued

12 Nov 2014

Square to offer mobile chip card reader for $29

by PaymentPop | posted in: Processing News | 0

Mobile payments giant Square announced today that it will offer two mobile chip card (EMV) readers to U.S. merchants in the spring of 2015. The headphone jack reader (compatible with iPhone and Android) will retail for $29, while a separate … Continued

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