What is High-Risk Payment Processing? How is the Industry Changing and Tips Retailers Need to Know Understanding What Qualifies as High-Risk Payment Processing Certain types of businesses are statistically more likely to experience chargebacks, fraud, and other events that increase the financial risk of providing payment processing solutions. The industry labels these businesses “high-risk merchants.”…
Stay Competitive and Profitable With Trending Retail Payment Solutions While many brick-and-mortar stores have reopened since the beginning of the pandemic, the way consumers shop and pay for goods has permanently changed. Retail payment processing methods are moving from physical currency to digital transactions as more consumers use credit cards and other contactless payment solutions.…
Is Zero-Cost Credit Card Processing Really Free? The growing adoption of mobile and digital payments in recent years reflects our steady migration to a cashless economy. With consumers increasingly choosing electronic and digital payment methods in stores and online, card checkouts surged to $9.4 trillion in 2021, according to the Nilson Report. In addition, Mastercard…
Announcing BlockChyp: The General Store’s Newest Processing Partner We are proud to announce our newest EMV payment processing integration, BlockChyp, which uses block-chain technology to safely and securely process transactions. Easy Setup, a Powerful Merchant Portal, and Lightning Fast Transaction Speeds Make BlockChyp an Easy Choice BlockChyp uses the Equinox Payment’s Luxe line of PCI 5.x…
EMV Solutions: Signature Processing For over 20 years, Signature Processing has been helping General Store customers with their payment processing needs through fantastic pricing and outstanding technical support. Take a look at the video below to see this integrated payments solution in action! Again, here are some bullet points that make Signature Processing such a…
The General Store Now Supports Cayan We are pleased to announce availability of the General Store Cayan Genius Interface for fully integrated, EMV supported payment processing. Once again, the General Store provides you flexibility and leverage when dealing with the multitude of processing companies that knock on your door each week. The Genius terminal has…
The General Store OpenEdge EMV Payment Processing Interface The General Store now includes an OpenEdge EMV Payment Processing interface. Formerly known as PayPros, or PPI, OpenEdge is the technology innovation division of Global Payments, a processor providing payment processing to roughly 2 million merchants in 29 countries. OpenEdge, a preferred General Store partner, provides seamless EMV payment…
Datacap NETePay and The General Store As many of you are already aware, we have selected Datacap NETePay as our “processor-agnostic” middle-ware solution for merchants wishing to process payments in The General Store via their own processor (First Data, Sterling, Elavon, EVO, etc.). Current List of EMV Certified Processors on the Datacap NETePay Platform (3/25/2018) The…
When are PCI Fees a good thing? Many of you probably frown when you see a PCI compliance fee on the monthly merchant statement you receive from your payment processing company. But these PCI fees may actually be a good thing depending on what the fee actually entails. PCI fees for non-compliance are a bad thing,…
PayPal via NFC. Presented by Mercury Payments In the coming months, PayPal is conducting a pilot regarding merchant acceptance of PayPal mobile payments via near field communication (NFC). For dealers and developers, this means select Mercury merchants will be participating in the PayPal pilot. General availability for merchants to accept PayPal mobile payments via NFC…