When Parking Meters Accept Credit Cards, Do Parking Rates Go Up?

Cash strapped cities around the nation are looking to raise parking rates, and one common denominator in news stories appears to be the presence of meters that accept credit cards for streetside parking. While many parking garages have accepted cars since the 1980s, city streets usually employed mechanical meters that only took coins. Now that meters are digitally integrated into a complex network, the cost of parking your car downtown may be variable. With older coin-operated meters, rates were ...Read More

Multi-Currency Processing: Is a Global Presence In Your Future?

The transition to international ecommerce sales used to involve a host of banking relationships and calculations. Many online retailers shied away from selling in foreign countries because of the need to set up special accounts, or find processing for payment types that are only used in certain regions. Furthermore, lots of foreign customers would abandon their shopping cart session at the payment page because totals were shown in US dollars, not the native currencies with which they were familiar. A ...Read More

How Value Added Resellers Can Integrate Payment Processing Profitably – VAR Processing

VARs, or Value Added Resellers, often may be in charge of selling and setting up Point of Sale, CRM, and other business systems for retailers and B2B organizations. They may be managing and maintaining a suite of hardware and software solutions, all of which have their own particular issues. Whether your VAR is offering proprietary solutions or white-labeled services, a partnership with a good credit card processing company can provide a win-win for your company and the end user. Many VARs may ...Read More

Refund Scam Warning – Nonprofits and Charity Merchant Accounts Impacted

Every once in a while, scammers find a way to hit merchant accounts for big dollars. A new refund scam making its way around nonprofits involves the use of stolen credit cards and an appeal to the charity’s conscience. Using stolen cards and the fruits of identity theft, crooks have been targeting charitable organizations via their credit card machines. Fortunately, the scam can be shut down quickly by following normal refund procedures. According to the Idaho Attorney General, the scam goes ...Read More

Credit Card Processing Companies – How to Make An Informed Choice

Business owners often have difficulties choosing among the sheer number of credit card processing companies in the marketplace today. There are so many choices because there are very low barriers to entry in the marketplace. An individual can work in the industry for a short time and gain the knowledge necessary to become an independent sales agent (ISO) of another processing firm or acquiring bank. In fact, the ISO acronym can be applied to one-person shops operating out of a home office as well ...Read More

Capital Processing Network Expects 2014 to Be a Great Year for Merchant Services

At Capital Processing Network, we are anticipating another great year in merchant services and credit card processing. The payment processing marketplace as a whole has been in flux over the past two years thanks to changes in PCI requirements, EMV card compliance roadmaps, TIN validation regulations, and a host of behind-the-scenes developments. Even with news of data breaches among major retailers, our outlook for small business credit card processing is positive. For 2014, many small businesses ...Read More