Visa and MasterCard Increase Merchant Fees


(Another Reason Why our Zero Fee Plan is the best choice for merchants to stop the excessive processing fees)


BREAKING NEWS: The costs of using some cards is going on the incline, as news is breaking that the nation’s two largest card networks, Visa and Mastercard, are preparing to up the fees charged to merchants to accept network-branded cards. The change will go into effect in early April, according to reports from The Wall Street Journal.

According to a Visa spokeswoman, the new price changes impact fees that Visa hasn’t adjusted in at least three years. “Visa’s network fees are paid by our financial institution clients and used to enhance the safety, efficiency and innovation of our platform, and are set based on market conditions and to reflect the value we deliver,” she added.

The changes, according to reports, mostly involve interchange fees, or the fees paid to banks by merchants when consumers use either a debit or credit card to make a store purchase. However, interchange fees aren’t the only ones going up – the fees Visa and Mastercard charge to banks are also reportedly set to increase.

It’s a fact that merchants, of course, do not love. Interchange fees are a longstanding point of contention between merchants, banks and the card networks – and it’s an issue that ended up in front of the Supreme Court, which ruled in favor of the card networks.

More recently, it has also been the subject of an intense lobbying campaign, as Walmart and other retailers join forces with card processors in an attempt to push lawmakers and regulators to give them a seat at the table when it comes to setting standards for card security and new payments tech.

The card networks say the increase in fees is necessary to step up anti-fraud and security measures as more transactions shift online. They further claim that any increase in fees is more than made up by the increase in sales that comes from having secure digital payments available to merchants and consumers..Source:

Small Merchant Marketing and Payment Processing

Need Small Merchant Marketing ? Nowadays, small Business owners are embracing the idea of online advertising and social media marketing to be able to effectively connect with local customers and increase their local sales. These merchants are more aware of alternate point of sale solutions than ever before….. Call Paymentix today and get set up with a low rate merchant account and get free marketing advice and tools for your business….Save up to 60% guaranteed on Small Business Merchant Services !!!

The graphic below explains how business owners are open for business and new opportunities.


We offer Low rate Payment processing services in Miami Dade, Broward, Ft Lauderdale, Weston, Doral, Hialeah, Kendall, Pinecrest, Davie, Hallandale, South beach, brickell, Pembroke Pines, Miramar, Homestead, Cutler bay, Sunny Isles, Surf Side, Medley, Westchester, Plantation, sunrise, dania, Deerfield beach, Wellington, Jupiter, Aventura, West Palm beach and nationwide…

Merchant uCommerce Processing

Nowadays, small business owners and their shoppers think very much alike in terms of the technology they use every day with regards to Small Merchant uCommerce Processing. They also share very similar ideas regarding who should be trusted when it comes to credit card payment processing.

The graphic below provides insight into what shoppers expect, and how they prefer to pay. Call our small business merchant processors today and save up to 60% on your creditcard processing fees.



Accept credit cards at lowest rates. Call our local merchant services company now….uCommerce merchant account processors in miami dade, ft lauderdale, weston, aventura, coral gables, doral, homestead, pinecrest, miramar, kendall, brickell, hialeah, wynwood, miami beach, cutler bay, west palm beach and all USA.

Small Business Mobile Payment Processing

Merchants that want to grow their business need secure Small Business Mobile Payment Processing and Mobile Website Marketing in order to get the ultimate exposure. Mobile technology is crucial in order for businesses to survive the competitive game. Unfortunately, most smaller merchants still do not yet offer mobile apps and websites optimized for mobile phones. Thus they will never target a very large market that is constantly connected via a mobile phone, Android, iPhone, Blackberry, smartphone, ipad, etc,…

This infographic below provides insight into small merchant adoption of mobile technology. Give paymentix a call and we will help you with our affordable mobile marketing solutions. We offer low rates for mobile payment processing for small businesses.



Small Business Merchant Processing, Android Payment processing, iPhone Payment Processing, iPad payment processing, Tablet and much more…Get lower bankcard processing fees guaranteed….Call the Best Mobile Payment Processors now. Offering Credit Card Processing in Miami Dade, Ft Lauderdale, West palm beach and nationwide.

Start accepting payments online

Start accepting payments online

Does your business accept payments online or on your website ? Businesses that are based on the internet and need to start accepting payments online often have to handle large bunches of transactions that usually take place concurrently from different customers that are dispersed across the globe. Dealing with such information processing requires having the proper infrastructure that will be able to handle all the information without exposing it to risk or getting it leaked in the process. As such, accepting online payments often takes on a central role in the online business payment processes and has to be handled with care so as to ensure business continuity.

To start taking online payments, it is often useful to regard all web entered information as suspicious until it can be verified. This means getting to know the source of information, the veracity of the information provider and other important details before getting down to carrying out the actual creditcard transaction. This will leave you with enough information to prove that the online credit card payment took place which is also essential for keeping your business records straight.

Additionally, it is also important that as you are accepting online payments, you do so in a secure manner that will avoid any leakage or loss of data to unscrupulous third parties or hackers. Using secure, encrypted means of information transfer will lock out any third party and assure you of successful transactions that cannot be easily brieched, impersonated or replicated in any other environment. Having the online credit card payment information encrypted before transfer over the communication channel ensures that it does not get sniffed in between and in this way, your online customers will be able to trust and abide in your business seeing to it that you can provide them with the best form of website payment processing and a higher rate of successful and secure web payment transactions. With the useful tips that have been laid out in the previous paragraphs, your online business will be in a much better position to accept internet payments. We can guarantee that if you take online credit card payments effectively, it will definitely lead to the steady growth and development of your web based business. Contact our retail and online Merchant Account Company today to get more info on rates to process credit cards online or process payments on website… Taking online payments is simple with us..We offer low rates for web payment processing, the best website merchant services support and the highest security for all of your online merchant account transactions. Call us today and Start Accepting Payments Online.

About the EMV Credit Card Processing Update


EMV credit card processing update as of October 2015 – Credit card fraud has been increasingly on the rise especially with magnetic stripe based cards that are easy to read and copy making it a major threat especially for mobile payments that has seen the volume of trades go up by a significant factor. With the new EMV payment processing directive, most ATM manufacturers have switched over to EMV-compliant cards that are more efficient to use in the sense that their chips make them easy to flash and update which then lead to decreased fraud or other related crimes. However, these cards are also bringing in a liability shift to the market which is a significant threat for issuers, acquirers, merchants and others involved in the financial markets. This comes when they have to accept liability for fraudulent transactions that have taken place using counterfeit cards.

The pace of the adoption is also accelerating globally and is being taken up by major card providers including Visa and MasterCard. The change is also set to see a modification in terms of payment processing as the terminals will need to be chip enabled so as to provide a secure means of processing these payments. As more and more businesses move towards EMV compliant card terminals, we are going to see a reduction in the cost of creditcard fraud and a reduced number of such fraudulent transactions with the new chip cards. The funding of this paradigm shift is expected to be a major expense item but still a reasonable one considering the various beneftis that will be brought on by the move.

With the new EMV credit card processing updates, merchants and issuers will be able to reduce merchant credit card processing fraud related incidences by a huge margin while those that previously relied on magnetic stripe payments will no longer be able to conduct such transactions owing to the strict regulations that have been put in place. Overall, this is one huge leap for the financial sector. Dont place your company at risk ! Call our Miami Florida credit card payment processing company today to check if your business credit card terminals and Point of sale systems are EMV compliant…do not be a victim of a credit card security breach…we service merchants with EMV Credit Card Processing Services in South Florida cities and nationwide….call us today !

Adoption of the EMV Liability Shift in the United States


The migration of Europay, Mastercard, Visa (EMV) looks as if it currently has become part of the consumers in America. Majority of small business merchant services need to be knowledgeable about the chip card POS systems, as well as the EMV liability shift, even if it did not have any upgrades. The U.S. EMV adoption has been a bumpy road, especially of what is happening in the present times.

EMV Payment Processing Against Credit Card Fraud

Through EMV innovation, microprocessor chips were inserted in credit and debit cards. This makes a unique one-time code that can be changed when each purchase is made so fraudsters think twice about pursing their plan. The code includes a number of several variables and is not connected to the card owner’s account.

Chip cards are sophisticated making credit card payment processing more secure to keep fraudsters away. The chip located on the left side of the new card is a small computer chip for data protection. While the data on a magnetic stripe is always changing, so any one thinks twice about isolating and extracting the chip, making it hard for them to do credit card payment processing.

Visa EMV chip

Visa is going to make some EMV chips technology available for free in connection with a general, unbranded application identifier (AID). This kind of approach is going give the most flexibility so that issuers can control card portfolios over time.

Merchant pay processing can still be linked to debit transactions to their chosen network when they can using magnetic stripe transactions. The issuers can change their debit network without the need to rer-issue cards.

What will happen in the future?

Even if merchants and credit unions are not able to adopt EMV properly, only a quarter of all POS transactions are going to use technology. It is essential to realize that technology can work in countries that have a strict implementation of it. In Europe, there has been a dramatic reduction of credit card fraud. It is projected that as more merchant account providers will use EMV credit card processing terminals, there will be lesser fraud in payment processing services. Need to process credit cards at low rates ? Or perhaps you need to update your point of sale equipment at your store ? We can help ! Contact our local merchant account processing company today for more information on our low merchant account rates.

Are EMV Credit Cards supported by your POS System

One of the advances in credit card payment processing is the switchover from the traditional credit or debit card in favor of Euro pay, MasterCard and Visa or simply (EMV Credit Cards). This form of card payment was invented as a way of curbing the rising cases of fraud, data breaches, skimming, identity theft, counterfeit cards, account infringement and much more. However, although established several years ago and adopted as the global standard, many small business merchant services are yet to embrace the new and better credit card processing system.

Statistics indicate that large retailers such as Costco, Target and Wal-Mart have already incorporated  EMV with Point of Sale system but many small retailers are still lagging behind. As of October 2016, 37% (1.7 million merchants) had adopted Visa while retailers using MasterCard EMV POS merchant payment processing was approximately 2.3 million.

Advantages of EMV Credit Cards over the Traditional Magstripe Card

Before the innovation of EMV, credit cards relied on a magnetic stripe (Magstripe) that stored all the vital information including password, account balances, transaction codes and much more. A credit card payment processor simply swiped the card by moving it slowly inside a specialized slot. EMV credit cards use an embedded metallic square chip to store the necessary information and instead of swiping the card, payment processing companies simply insert or dip it inside the POS terminal and wait for a connection to be established.

Contact-less reading is also another option of capturing the details where the cards are lightly tapped on a terminal reader or scanner. According to many merchant account providers, contactless reading or tapping is seen as a more user-friendly option. In contrast top Magstripe that retained the same code and allowing duplication of information and cards, chipped cards keep changing the codes making it difficult to replicate or steal information.

According to many EMV software developers and payment gateway providers, a hacker who manages to steal data from a particular POS won’t be able to reuse the information at another point. The system would simply deny the card. Contact our local merchant account companies today to speak to a merchant services representative for advise on how to get the best merchant account rates for business…or info on EMV Credit Cards.

Apple Pay vs Google Wallet

Apple Pay vs Google Wallet

Here is a brief explanation of Apple Pay Vs Google Wallet…Smartphones are new inventions that can be used just about anywhere in the world for various reasons such as conducting research over the Internet or even doing shopping. When doing shopping, you need to have a mode of payment to be able to make purchases and do so in a safe, secure and efficient manner.

There are two different kinds of mobile payment systems namely Apple Pay and Google Wallet. Both of them work well for smartphones though they usually require some specialized hardware that is otherwise known as NFC or Near-Field-Communication to function properly.

Whenever you are using NFC as a form of payment, the receiver of the payment needs to have a wireless terminal through which to verify and accept the payments subsequently issuing out a receipt for that transaction as proof. But first, you must ensure that your payment details are entered for the card to work which is the reason why setting up the NFC correctly does matter in providing successful payments.

Apple Pay works with Apple devices such as the iPhone and iPads and is prevalent across outlets worldwide such as gas stations, stores and others which are spread across the globe in multiple locations. Initially, you have to set up the wallet which involves filling in your credit card details for lighter, more convenient payments.

In comparison, Google play is a product of Google and is used for making payments using the platform without revealing your bank details. However, both require a credit or a debit card to make payments and as such, have to be filled with the correct details before usage.

Both methods that have been described above are a form of making payments and act as wallets for your daily transactions on the web, inside app stores and at physical stores. This way, you can be safe and confident in the knowledge that all your transactions are handled securely and wirelessly to prevent fraudsters from making use of your information thanks to security. call our merchant payment processing company today for more information on Apple Pay vs Google Wallet.