Higher fees for the customers that can afford it least. The Durbin amendment put a cap on the fees that credit card processing companies can charge for debit fees. What was the response? Bank of America instituted a $5 a month fee for anyone who uses a debit card. So...
This infographic displays the History of the USA National Debt. We hope you enjoy it. Let us know what you think. [CLICK IMAGE TO ENLARGE] To put this graphic on your website, just highlight, copy and paste the HTML code below: <a...
With all that is happening in the economy today we thought it would be interesting to further explore Inflation. Inflation is the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. As Inflation...
I just read an article where a couple of researchers found it pretty easy to commit fraud using the square dongle card reader. Square is now working on a encryption system. I have no idea how they are allowed to process credit cards with out even doing something as...
Visa is starting to speed up the implementation EMV contact and contactless chip technology. This will allow merchants to use NFC technology to accept credit cards. Whether you are ready or not, the time is quickly coming where you will be able to touch your phone...
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