Archive for September, 2009

QuickBooks® Merchant Services Announces Fee Increases

Tuesday, September 22nd, 2009

Most QuickBooks® Merchant Services customers will pay more to accept credit card payments as of October 1, 2009, it was announced today by agent relations for Intuit-owned Innovative Merchant Solutions.

According to the release, fee increases to take effect October 1, 2009 are as follows:

Existing IMS accounts and QuickBooks Merchant Service for PC accounts:

  • Transaction fee Increased by $.04

New Intuit QuickBooks Merchant Service for PC Transaction Fee:

  • Qualified and Mid Qualified: $0.27
  • Non Qualified: $0.34
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New Merchant Service Program for Blackberry©

Monday, September 21st, 2009

I response to increased demand for a low-price program to accept credit card payment on BlackBerry® devices, Automated Merchant Solutions (AMS) Inc., in partnership with CHARGE Anywhere®, a leading provider of secure Point-of-Sale (POS) solutions and electronic paymentBlackberryPOS services and a BlackBerry® ISV Alliance Partner, is proud to announce a new release of its industry leading mobile card payment software application for BlackBerry® Smartphones.

Overall enhancements include a new user friendly graphical interface with large icons and a blue design theme.  This latest release provides end-to-end secure solutions that enable merchants to accept credit cards anywhere, any time.  With the downloadable Mobile Payments Application, merchants will be able to use a Bluetooth Receipt Printer/Card Reader that will allow them to qualify for swiped rates.

For information and pricing, please contact AMS at 1-877-689-1691 or email amspcs@juno.com

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Pin Pad Sale

Friday, September 18th, 2009

We have a limted number of new PCI compliant Verifone Pin Pad 1000 SE/180 pin pads available at the special introductory price of  $89.95, while supplies last.  1000SENEWThe PCI PED approved PINpad 1000SE is ergonomically designed for ease of use and handling, plus it provides the added versatility of USB or serial connectivity. It’s a simple upgrade solution for merchants with those devices who need to meet the new PCI PED security standard.  US customers only, please.  Price plus s/h.  Encryption not included.

To order:  email amspcs@juno.com

or call 1-877-689-1691

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Cynergy Data Files for Bankruptcy

Monday, September 7th, 2009

Payments processor Cynergy Data LLC filed for Chapter 11 bankruptcy protection on Tuesday Sept 1 2009 and said it has agreed to sell all its assets, according to Reuters News Agency.

Cynergy discovered accounting errors in March 2009 involving misstated revenue and expenses for 2007 and 2008, leading to a substantial drop in earnings, according to an affidavit  filed by a representative of the management restructuring firm.

Cynergy said it has about $109.5 million of assets and about $186.2 million of debt. The New York-based company was founded in 1995 and employs nearly 275 people, according to the company’s website.  Cynergy served as the primary processing provider for many many sales services, including SignaPay LLC.

The case is In re: Cynergy Data LLC, U.S. Bankruptcy Court, District of Delaware (Wilmington), No. 09-13038.

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