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Number 9

Top Ten Indicators that It’s Time to Shop for a New Credit Card Processing Company
Number 9: You cannot call the same representative every time you contact your processor.

This indicator does not stand alone, but it’s certainly a red-flag. Pay attention. Are you just a number to your credit card processor? Are your calls being passed around the office to camouflage poor service? Be careful.

photo credit: hungaro phantasto via photopin cc

Sunday, August 5, 2012|Credit Card Processing|0 Comments

Number 10

Top Ten Indicators that It’s Time to Shop for a New Credit Card Processing Company:NUMBER 10

          Credit card processing is a difficult subject to understand. A good processor helps customers to understand payment processing more clearly. A bad processor uses the confusion to cloud customers’ judgment and take advantage of them. When it’s time to shop for a processor, there are signs. You simply have to pay attention to them. These are the top ten. Don’t be fooled. 

Number 10:  Your own instincts tell you not to trust your provider.

          We don’t recommend making […]

Tuesday, July 31, 2012|Uncategorized|0 Comments

CREDIT CARD TERMINAL OPTIONS: Which one is right for your business?

“Simply put, there are five basic terminal options: Dial up, IP, Gateway, Wireless, and Mobile. Each has its benefits, so let’s discuss the options so you are ready to make the best choice.”

Great! You worked hard and you got the big contract. They’re ready to make their first payment and you’re ready to get started on the job right away. The problem is, you need to accept their credit card information, and you need to be prepared to do it in a way that is convenient for that ever-elusive big client.
                Surely we can all use a vacation, but when […]

Tuesday, July 17, 2012|Uncategorized|0 Comments

Knowledge is Power: The Guide to Escaping Merchant Processing Traps Continued

The Trap: A Really, Really Low RateThe Truth: This may be the most commonly used tactic in merchant processing sales, but the rate isn’t the only price you pay, not and all transactions are created equal. In addition to your rate, you may also have transaction fees, authorization fees, AVS and CVV fees, batch fees, annual fees, monthly minimum fees, statement fees, customer service fees and more. Every merchant account will involve some of these, but make sure you understand what they are and how much you will be charged.Now for the truth on rates: the pricing structure for a […]

Wednesday, June 15, 2011|Uncategorized|0 Comments

Electronic Data Payment Systems Wins a World Wide Honor

The Times Reporter, our local newspaper, recognized our company as the winner of the NBIA’s 2011 Outstanding Incubator Graduate in the nontechnology category on Sunday, April 24, 2011 by featuring an article about our company on the front page of the paper.We were also featured on the NBIA’s website. To learn more about our company’s history and this accomplishment visit the following link:http://www.nbia.org/succes​s_stories/awards/2011/edps​.phpElectronic Data Payment Systems wins worldwide honors

Monday, April 25, 2011|Uncategorized|0 Comments

New Philadelphia Business a Finalist for National Honor

Just announced: Electronic Data Payment Systems has been names a finalist for the National Business Incubation Association’s 2011 Outstanding Incubator Graduate award in the nontechnology category. The winner of this prestigious award will be announced on April 12 at NBIA’s 25th International Conference on Business Incubation in San Jose, California!Would you like to learn more about our company and this award? Click on the link below and read the article that was featured in the New Philadelphia, Ohio Newspaper,  The Times Reporter.New Phila. business a finalist for national honor

Wednesday, March 23, 2011|Uncategorized|0 Comments

Does PCI Compliance apply to my business?

Does PCI Compliance apply to my business?

If you are storing, processing or transmitting cardholder data, the answer is yes!  PCI DSS applies to any business that stores, processes or transmits cardholder information.  If you accept electronic payments, this applies to you! The following are some examples of how companies accept credit cards:

Retail:  store front where you swipe the majority of your transactions
Mobile Solution: ability to swipe the majority of your transactions on the go
MOTO/Ecommerce: key enter the majority of your transactions

Friday, October 15, 2010|Uncategorized|0 Comments

Electronic Data Payment Systems Named to 2010 Inc. 500/5000 Fasting Growing Company List

After years of hard work and dedication, Electronic Data Payment Systems was named to the 2010 Inc. 500Ɩ5000 of fastest growing private companies in the United States! To learn more about the award and our company, read the press release published by PR Newswire by clicking here.

Wednesday, September 8, 2010|Uncategorized|0 Comments

Self-Assessment Questionnaire (SAQ)

Beginning July 2010, the Payment Card Industry (PCI) Security Standards Council is requiring all merchants to complete the Self-Assessment Questionnaire (SAQ) and submit it to their processor. This survey will continue to be completed annually. The PCI Security Standards Council has established a deadline of July 2010 for all survey completion. If you are unable to complete your survey satisfactorily by September 26th, 2010, a fee of $10 may be added to your monthly processing fees until you have successfully completed the survey. 

Wednesday, August 18, 2010|Uncategorized|0 Comments

PCI compliance: What it is and why it matters (Q&A) with Bob Russo

“Consumers need to take a little bit of responsibility now. You can watch your credit card activity online. I can watch all my credit cards online to see what I’m spending, and what my wife and my kids are spending. You really should be monitoring your credit card statements.”–Bob Russo, general manager, PCI Security Standards Council

As a consumer in today’s society, chances are you own and use a credit card – maybe even more than one.For the average consumer, payment flexibility is important part of our every day lives.  It is common practice to purchase or make payments for products you find […]

Wednesday, August 4, 2010|Uncategorized|0 Comments