Social networking meets the credit card industry – in a new way this time. Although, I’m sure a recent new venture would have preferred a more favorable type of news release.
Blippy, a new social networking site which allows users to share their credit card purchases, unintentionally exposed the financial information of some of its members. Continue reading "Social Sharing Networks and Data Protection"
If your merchant account is set up to accept only credit cards (i.e. you are on online merchant or you do not have the ability to accept PIN-based transactions), then the answer is simple – you can only accept credit card transactions at this time. If you accept POS (Point of Sale or in-person) transactions, you can offer your customers the option. That is, if your processing system is set up to accept PIN-based transactions. So, if you have that option – of offering debit or credit – what’s the difference you ask? Continue reading "Debit or Credit – Do Merchants Have a Choice?"
April 30, 2010 
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