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So far wphost has created 33 blog entries.

10 E-Payment Issues: A dive in to changes payment processors face

No doubt that many of you have heard e-payment terms like e-wallet, mobile wallets, EMV, etc., tossed around lately. All the terms can be hard to keep straight, let a lone know the definition of. So, we thought we would give you a peek in to one of the payment processing industry’s good magazine resources – Digital Transactions. DT recently published an article on the 10 Most Pressing E-Payment Issues, including…
1. Tokenization
When applied to data security, Tokenization is the process of substituting sensitive data with a non-sensitive equivalent, called a token.

2. Mobile Wallets

A form of payment, that replaces phsycial cash, check or […]

Monday, November 3, 2014|Credit Card Processing|1 Comment

EMV Cards: Why You Should Start Preparing Now

In the wake of increasing data breaches, the topic of EMV cards is becoming more prominent.  But what are EMV cards, why are they making a buzz and how should merchants prepare for them?

EMV, which stands for EuroPay-Mastercard Visa, has long been in-use in European and Canadian cards. Instead of a magnetic stripe on the back of the card, EMV cards contain a microprocessor chip that stores cardholder data. This chip holds information in dynamic ways, making it hard for someone to obtain the cardholder information; unlike magnetic stripe card information which can easily be gathered with a simple and […]

Wednesday, October 15, 2014|Uncategorized|0 Comments

EDPS™ To Integrate Mobile Payments Solution With Apple Pay™

NEW PHILADELPHIA, OH — Apple™ introduced their new payment method called Apple Pay™, anticipated to be released this October. EDPS is happy to announce that our Internet payment gateway, Swoosh ePay™, will support this payment method. The implementation date will align closely with the release of Apple Pay as part of the iOS 8.1 update.

Apple Pay is a mobile and in-app payment method often referred to as a “mobile wallet”. It allows consumers to securely store their Visa, MasterCard and AmEx credit or debit cards on their phone.

No card information is transmitted to the merchant during a […]

Thursday, October 2, 2014|Uncategorized|0 Comments

Tips for Choosing the Right Mobile Payment Solution

 

With the evolution of technology, we’ve seen the progression of communicating move from face-to-face conversations to emails and text messages. So it’s no surprise that the way we make payments has begun to shift from counter-top terminals to mobile reader devices that plug-in to laptops, tablets and smartphones. While this evolution works in your favor , you want to be sure that the processing provider you’re choosing best fits your business’ needs. Below are 5 simple tips to help you choose the right provider.

Research the Customer Service

Believe it or not, […]

Friday, May 30, 2014|Uncategorized|0 Comments

Mobile Payment Solutions: Ideal for on-the-go Service Providers

In today’s world, the Internet can rarely be avoided because it’s not only on our computers but on our phones and tablets as well. This has caused many adjustments to our daily routines, including the way we pay for goods and services – specifically through mobile payments.

As a service provider, you may have noticed an evolution in how you accept card-based payments from standard terminals to mobile payment apps on smartphones and tablets. This evolution works in your favor because mobile payment gateways are perfect for businesses like yours that send employees to job sites where customers will want to […]

Thursday, April 10, 2014|Uncategorized|0 Comments

EMV Cards: Why They’re Coming to the U.S.

With the recent breaches of customer data at stores like Target and Neiman Marcus, the topic of EMV cards is becoming more prominent.  But what are EMV cards and why are they making a buzz?

EMV cards, which stands for EuroPay-Mastercard Visa, have long been in-use in Europe and Canada. Instead of a magnetic stripe on the back of the card, EMV cards contain a microprocessor chip that stores cardholder data. This chip holds information in dynamic ways, making it hard for someone to obtain the cardholder information; unlike magnetic stripe card information which can easily be gathered with a simple […]

Tuesday, February 11, 2014|Credit Card Processing, Uncategorized|0 Comments

Data Breach – How to Protect & Regain Cardholder Trust

In our increasingly cashless economy, it is no surprise that businesses & customers were thrown into a panic when Target announced the breach of possibly over 70 million customers’ debit and credit card information.

Because the immediate threat to customers is easily seen, the threat this poses to payment processors is often overshadowed.

Security is undoubtedly a priority in the payment industry. That’s why, in 2004, the Payment Card Industry Security Standards Council created PCI Data Security Standards — a set of security requirements which states that all businesses that store, process or transmit credit or debit card information must be PCI […]

Thursday, January 30, 2014|Credit Card Processing|0 Comments

Tips to Gain Business with Payment Processing

It is important that your business be spending its efforts in ways that’ll make it most profitable. One way to increase your business’ revenue is by offering a range of payment solutions. Below are 4 tips on how these solutions will enhance your profitability.

1. Use a Payment Processing Company That Does It All
Using a payment processor that offers credit/debit card services, ACH check services, mobile solutions, internet solutions & more, gives you the most cost-effective & efficient ways to accept payments.

EDPS prides itself on its ability to provide a comprehensive solution for you. We offer: Credit/debit card processing, loyalty/gift card […]

Friday, December 13, 2013|Uncategorized|0 Comments

Credit Card Processing Change Approaching!

What’s changing?
Soon you will see an influx of cards with a smart chip instead of, or along with, a traditional magnetic strip. The smart chip cards are more secure than traditional magnetic strips and they will protect customer card information with improved data encryption. In order to accept cards with smart chips, you will need to upgrade your credit card terminal to one that has smart chip reading capabilities.
Here’s what you NEED to know: 

Changes are only relevant to retailers (businesses that accept cards face-to-face).
Retailers will soon be able to accept Smart Cards with EMV chips (like the card pictured above).
Technology […]

Thursday, January 31, 2013|Credit Card Processing|0 Comments

Compilation of Customer Service Quotes

Whether your business experiences feast or famine during the holiday season, customer service is something that should be at the front of our minds. It’s easy to become overwhelmed when you’re bursting at the seams with inventory and every customer is in a bigger hurry than the last. This is a special time for most customers and their stress levels are through the roof! They will remember this experience. They will remember the retailer who nearly ruined their loved one’s gift. They will remember the cold meal they ate after hours of grueling holiday preparation. Then next year, they won’t […]

Thursday, December 20, 2012|Small Business|0 Comments