Category Archives: Tips & Advise

Merchant Tax Reporting

Posted on March 16, 2011 by admin

The Housing and Recovery Act of 2008 included Amendment 6050W, Merchant Tax Reporting. The purpose of this Amendment is to encourage accurate tax reporting. The Amendment requires all payment processing organizations to report gross sales, collect and verify TIN numbers, … Continue reading →

Posted in Credit Card Processing, Debit Card Processing, eCommerce, Merchant Accounts, Tips & Advise, Useful Business Services | 1 Comment

The Dodd-Frank Act: What it might mean to Merchants

Posted on September 22, 2010 by admin

ANY_ITEM_HERE The Dodd-Frank Reform and Consumer Protection Act, signed by President Obama in July 2010, is now law. Included in the act is the Durbin Amendment, a provision in the bill dealing with debit card Interchange fees and other issues … Continue reading →

Posted in Credit Card Processing, Debit Card Processing, eCommerce, Healthcare, Merchant Accounts, Tips & Advise, Useful Business Services | Leave a comment

Visa and MasterCard Announce Merchant Fee Increases

Posted on April 30, 2010 by admin

Visa and Mastercard announce increases Continue reading →

Posted in Credit Card Processing, eCommerce, Healthcare, Merchant Accounts, Tips & Advise | 2 Comments

Merchant Services in Canada

Posted on April 20, 2010 by admin

We field lots of questions from Canadian merchants about credit card processing in Canada. Ecommerce in Canada is a particularly popular subject. So we have put together the following collection of basics Q and A’s on the subject. Why chose … Continue reading →