As the name suggests, a payment card is a card that can by used by a consumer and accepted by a merchant to make a payment for goods, services, donations, etc. These cards typically fall into one of two basic varieties: the credit card and the debit (or prepaid) card. […]
Traditionally, counterfeit fraud attempts increase after large data compromises, such as the recent Target breach. According to Visa, the key areas to focus on to mitigate this risk are: proper card acceptance procedures, identification of valid and suspicious cards, verification of cardholder identity and identifying suspicious behavior. This simply means […]
How “Rewarding” are Rewards Programs? Rewards Credit Cards are not a new concept, but making charitable donations or tithing with them might be to some donors. Nearly everyone has heard of the potential tangible gains that are available to eligible consumers who regularly utilize these financial tools, but […]
We can’t talk about the importance of security enough. Protecting card data is imperative, and when you meet the Payment Card Industry security requirements you build donor trust along with your reputation. MasterCard has put together some great resources that cover[…]
In early 2013, Visa and MasterCard released new rules regarding credit card surcharging. As a result of a proposed settlement agreement to a long-standing class action suit against them, Visa and MasterCard are now allowing U.S. merchants to surcharge certain credit card transactions. A payment card surcharge […]