Archive for the General Category
New Law Goes into Affect Today
In a previous post, we told you about the new laws slated to go into effect on July 1, 2010. That day has arrived and every payment processing application should be in compliance with this new federal law. Ensuring compliance is important for business owners for many reasons. The repercussions for those who are not [...]
FDIS – Meeting all of Your Credit Card Processing Needs
FDIS has been a leader in the merchant credit card processing industry for many years. Built on commitment to customers and transparent policies, our goal is to continue the tradition of quality services, the best technology offers in security and the most advanced credit card processing terminals.
Regardless of whether you’re a long time client or [...]
The Latest in Threats and Fraud
A report released in April 2010 by our parent company reveals some of the trends in fraud in the financial sector; and specifically, within the credit card processing industry. We know that fraud is responsible for $200 billion in the U.S. every year.
The new threat revolves an “underground economy”. Predators are now using their intelligence [...]
The Business of Chargebacks
If you’ve been in business for more than a day, odds are, you’ve had to deal with the occasional chargeback. This happens for any number of reasons, but bottom line is the charge is reversed, in effect, canceling your sale and sometimes sending profits down the drain.
While technology has propelled the merchant card services industry [...]
Changes are Coming!
The past decade has shown us just what technology can do for every aspect of our daily lives. Look around you, there is very little, if anything, that’s not inclusive of some degree of technology. Our news gathering methods are no longer limited to the 5 o’clock news; we want it when we want it [...]
What is the Durbin Amendment and How Will it Affect Your Business?
It looks as though a new amendment will finally address the high “swipe fees” your small business and your customers have faced in the past. Explained away by some of the credit card giants as the “cost of doing business”, it looks as though there’s been a shift in the tides, courtesy of the Durbin [...]
The Big Apple?
If your small business is in the computer industry, and more specifically, if you sell the Apple iPad, it’s likely you’re not selling them for cash. Apple, Inc. has told its resellers that cash payments were not an option for customers wishing to own the fast moving iPad. Many are suggesting it’s because the computer [...]
The FDIS Commitment to the Environment
With more and more companies around the world that are going paperless in many ways, FDIS is an industry leader in eliminating many of the problems that paper checks present. The Unites States government and its many agencies print and distribute hundreds of thousands of paper checks on a weekly basis. Even as other companies [...]
FDIS – Your Source for a Fast Cash Advance for Your Small Business
We know the economy has kicked us all in the recent months. Small businesses have been especially affected. Traditionally, a small business doesn’t have the resources larger companies have. Bank loans typically take too long and the qualification process is overwhelming, at best. This is where First Data Independent Sales can help. Qualification is a [...]
When the Banks Stumble
In a post earlier this week, we discussed the controversy over big banks and credit card companies financing their rewards programs with costly swipe fees consumers and business owners must pay for the convenience of using their debit or credit cards. While businesses recognize the importance of their merchant credit card processing services, they have [...]