When discussing credit and debit terminals, some terms come up continuously, while others are more obscure. Some manufacturers refer to terminal technology in proprietary terms. Merchants considering a particular model of terminal need to be able to compare and contrast the features and benefits...
Boston has recently overhauled its taxicab regulations, and as part of the new rules, has mandated that cabs be equipped for credit card processing. This should allow Boston customers to pay with plastic in the cab itself. This move should make it more convenient...
This past June, President Bush signed H.R. 4008, the Credit and Debit Card Receipt Clarification Act of 2007 into law. This was an important measure as it did away with possibly billions of dollars of damages against merchants who were hits with class action...
The VeriFone VX610 is one of the newer generation of wireless credit card terminals on the market. It seems every vendor has been wireless terminals lately, as the mobile merchant benefits from being able to clear transactions on the fly. Of course, with any...
Press Releases SAN FRANCISCO, CA, July 2, 2008 Visa, the global leader in payments, today announced significant milestones in the adoption of Visa’s contactless technology feature, Visa payWave, demonstrating continued global momentum for the technology around the world. Visa payWave-enabled cards allow consumers to...
Press Release The National Restaurant Association today applauded the Credit Card Fair Fee Act, legislation introduced last week by U.S. House Judiciary Committee Chairman John Conyers (D-MI) and Rep. Chris Cannon (R-UT). The bipartisan legislation will allow large and small businesses to negotiate directly...
Press Release Release Date: June 18, 2008 For immediate release The Federal Reserve System today announced the nationwide launch of Partnership for Progress, an innovative outreach and technical assistance program for minority-owned and de novo institutions. The program seeks to help these institutions confront...