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Free Credit Card Machine = An Expensive Proposition

Cardfellow

You are virtually guaranteeing that you will overpay for credit card processing if you’re comparing processors based on which ones are willing to provide a free terminal. The Economics of “Free” Credit card processing is a for-profit business, and the average basic machine costs a processor anywhere from $100 to $300.

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Gas stations get reprieve on EMV deadline from Visa, but will that suffice?

Payments Source

Visa’s the first card company to push back the October deadline for U.S. gas station EMV compliance, but that’s just one of a mounting set of challenges petroleum merchants are facing because of the coronavirus.

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Talking With: Gemalto's Jack Jania about EMV at the fuel pump

Payments Dive

The card networks decided late last year to show some mercy on fuel operators and pushed back their EMV deadline to Oct.

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EMV 3DS: Closing the Card Present/Card Not Present Auth Rates Gap

PYMNTS

Selling an EMV 3DS (also referred to as 3DS 2.0) When PAAY , a software-as-a-service company that protects merchants from fraud and increases authorization rates first started offering EMV 3DS, it had to do a lot in educating potential clients in the face of many saying: “We don’t want to hear about this.”

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The Ultimate Guide to Accepting Credit Card Payments

Stax

Credit cards are a staple in the wallets of consumers today, and they will undoubtedly be a payment method of choice for years to come, particularly as the adoption of mobile and contactless payments continues to grow. In fact, ResearchAndMarkets.com forecasts the global credit card payment market to grow to $762.16

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The Straight Scoop On EMV: One Year Later

PYMNTS

EMV: The three little letters that represent the single most hotly debated and discussed topic in the U.S. The walk to the liability shift in this market last October was technically four years long, but in reality, EMV didn’t become an absolute certainty until Dec. But it’s not just EMV.

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How One Small Business Saved $10,000 a Year on Payment Processing

Clearly Payments

Whether you run a retail store, an e-commerce business, or a service-based company, the costs of accepting credit and debit cards add up quickly. When reviewing statements, it’s common to see a posted rate of 2.75% or 3% , but hidden fees and markups can push the effective rate to 4% or more. Here’s how they did it.