Intuit Merchants Report Costly Account Hacks
Intuit and QuickBooks Payments users are claiming that their accounts have been hacked and that Intuit is billing them for the fraudulent payment amounts.
Authorize.net Announces Technical Updates for 2016
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.
Visa, MasterCard, Discover Announce Policy Changes for April 2016
Visa, MasterCard, and Discover are updating their fees and policies in April 2016. See the upcoming interchange revisions in this merchant account article.
NACHA Proposes Same-Day Bank Transfers by September 2016
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
American Express finally offers interchange-plus pricing through its OptBlue program
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
Square to offer mobile chip card reader for $29
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