 | Pitfalls of manual card entry :: Writing a card number down or dialing-in an authorization is becoming a thing of the past. Cardholders are unwilling to give credit card information over the phone. Manually recording customer data is time consuming, it can lead to lost sales, manual entry errors, chargebacks and delayed funding. Processing credit cards manually can be costly! Remind [...]
posted 12-02-2010 by steve |
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| CARD SALES DECLINES CONTINUE TO IMPROVE FOR MAIN STREET BUSINESSES :: New York (November 1, 2010) Capital Access Network, Inc.’s (CAN) Data Services Division today released its Q3 2010 Small Business Credit Sales Report (SBCS Report). This SBCS Report shows that “Main Street” brick and mortar retailers, service providers and restaurants demonstrated the fourth consecutive quarter of moderation in Year-over-Year (YoY) card sales declines, decreasing from [...]
posted 11-01-2010 by steve |
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| Electronic wallets coming to a phone near you :: By Scott Henry VeriFone Inc. For years, industry pundits have talked about the day when the ubiquitous mobile phone would function as an electronic wallet for any payment cards consumers or business travelers would want to use. But competing interests and industry inertia have held things back. Now, a number of potential game-changers are surfacing [...]
posted 10-20-2010 by steve |
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| Advice to Issuers: Shift from Debit to Credit?And Soon :: (September 9, 2010) Hammered by the worst economic downturn in decades, consumers have been abandoning credit cards in droves, instead using debit cards as their plastic of choice. But new research suggests card issuers will soon have to revamp their credit card programs and beef up prepaid card marketing to offset an expected industrywide loss [...]
posted 09-17-2010 by steve |
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