No one likes to hear that their baby is ugly. But, unfortunately, we get that a lot in the payment processing industry. When a slick salesman walks in to your business giving you all the great reasons why you should sign up for their services, it’s easy to succumb to their enticing offer. Then, later down the road, you find out you’re spending more than you thought you had bargained for. Unfortunately those people set the industry-standard for the rest of us. But, what if EDPS could change that? What if you knew the basic ins and outs of payment […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
Top Ten Indicators that It’s Time to Shop for a New Credit Card Processing Company
Number 5: You have an unreasonable monthly minimum.
This one is also tricky. Generally, monthly minimums are indicative of high prices, and dishonest service. The exception is a situation when your processor sets you up with a monthly minimum plan because you absolutely and consistently process more volume than it takes to pay the monthly minimum. Because they set you up on this plan, they can waive or discount some other fees. This is extremely uncommon due to the nature of credit card processing rates. If your […]
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 […]