October 3rd, 2018 by Admin

October comes and so does breast cancer awareness month. As a company supporting entrepreneurs in their dreams, we want to take this opportunity to highlight famous and strong entrepreneurs that are also breast cancer survivors.

Being an entrepreneur is a journey like no other and we applaud and admire those amazing warriors who took another journey alongside them. Here is a humble list of the ladies who are Breast Cancer Survivors and have left their mark in the business world.

 

1. Jaclyn Smith: Jaclyn is best known for her role as Kelly Garrett in the TV Show Charlie’s Angels. In addition to this role and other films, she develops and markets her own brands of clothing and perfumes; introducing her first collection of women’s apparel for Kmart.

2. Suzanne Somers: Best known for her roles in Three’s Company and Step by Step, Sommers is also an author, singer, and health spokesperson.

3. Georgia Frontiere: A businesswoman and entertainer, she was the majority owner and chairperson of the Los Angeles/St. Louis Rams football team. It is interesting to note that the Rams made the playoffs 14 seasons, reached the Super Bowl three times and won the championship game once in 2000 while Frontiere was in charge.

4. Naomi Sims: She was the first African American model to appear on the cover of Ladies’ Home Journal in 1968. In 1973 she retired from modeling and started her own business which eventually expanded into a multimillion-dollar empire.

5. Evelyn Lauder: She was the Senior Corporate Vice President of the Estee Lauder Companies. She also created the Clinique brand name and developed its product line.

6. Carly Fiorina: The first women to lead a Top-20 company, Fiorina was the CEO for Hewlett-Packard (HP) from 1999-2005. She’s also served as Fund Chair for One Woman Initiative (OWI) and is Chair and CEO of the Fiorina Foundation.

7. Teresa Heinz: She serves as the Chair of the Heinz Endowments and the Heinz Family Philanthropies and has received honorary doctoral degrees in 12 institutions.

 

While there are many more successful and amazing entrepreneurs, we want to pay respect to these strong ladies in their journeys and all entrepreneurs whose have gone through breast cancer. National Transaction always supports all who want to pursue their dreams.

Posted in Daily Inspiration Tagged with: , , , , , , , , , , , , , , , , , , , , ,

November 11th, 2013 by Elma Jane

MasterCard is releasing a new program for its corporate clients that allows them to closely monitor and control their travel expenses online. The program, known as Travel Controller, lets businesses track all of their individual travel accounts under one system, giving owners a chance to reduce those travel expenses.

Typically, travel and entertainment is the second-largest controllable expense after salaries and benefits, and yet companies worldwide are overwhelmed with huge amounts of travel spend data requiring expense reconciliation said, head of travel and entertainment at MasterCard. “With minimal upfront investment and systems integration, Travel Controller gives companies the opportunity to remedy this pain point.

This program is somewhat an extension of the Smart Data service that MasterCard launched in July. This program lets company treasurers analyze business-wide spending by assessing big data from all employees.

MasterCard’s Travel Controller is not scheduled to be on the market until early 2014, but it is currently being used as a pilot at a select group of banks. With this program, business owners can gain a better understanding of how their travel expenses are being spent. If an employee is spending more than the amount dictated by the company’s travel policy, the Travel Controller will show that information.

Posted in Credit card Processing, Travel Agency Agents, Visa MasterCard American Express Tagged with: , , , , , , , , , , , , , , , , ,

October 24th, 2013 by Elma Jane

Buoyed by an improving economy, business travelers are once again taking to the skies and spending more on corporate travel. The Global Business Travel Association has projected that $273.3 billion in travel dollars will be spent in 2013, and “that’s a whole lot of spending for corporate travel managers and individual business travelers to evaluate and track.”

Recognizing this problem, MasterCard launched Travel Controller on October 21. The new product is designed to give corporate users greater control over their travel expenses by directly addressing data concerns.

“Companies today are more than ever looking for more and better ways to help manage their corporate travel expense, to manage travelers that are outside of policy, and most importantly, reduce the amount of money they spend on travel.

Travel Controller is designed to be a modern solution to the problems posed by traditional lodge cards. Unlike these options, Travel Controller allows corporate users to identify individual travelers, trips and transactions, providing businesses greater insight into this spending than the available offerings that dominate the market.

Travel controller uses latest virtual card technology to generate a unique account number for each individual transaction, each hotel reservation and each ticket that’s purchased. And when its generating that card, it captures that data that’s important to the company for how they manage that.

Whether that’s the details of the transaction or things more specific to the trip or traveler or the way the company manages its budgets, all of this information is provided 100 percent of the time. This removes the headaches associated with central travel while still giving that control element that companies are looking for.

Travel Controller is around the goals of an end user organization, as a company that’s trying to manage their travel expenses more effectively.

There is a defined data set, and built in flexibility for companies to define their own customer-specific fields, that are important so that the data you get back isn’t just thousands of pieces of information, but rather its those things that are most important and its brought to you in a way that makes it easy to take advantage of.

Posted in Best Practices for Merchants, Credit card Processing, Financial Services, Merchant Services Account, Travel Agency Agents, Visa MasterCard American Express Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

October 11th, 2013 by Elma Jane

(Moto) Mail Order/Telephone Order Merchant – In the realm of credit card processing is defined as a merchant who manually keys in over 50% of their transactions and an Internet Merchant is one who accepts transactions over the Internet via an E-Commerce store with an online gateway or who submits transactions manually through a Virtual Terminal.

Qualified Transaction Conditions (For MOTO/Internet merchants the Mid-Qualified Rate is essentially the Qualified rate as these merchants never swipe a credit card through a terminal.)

One electronic authorization request is made per transaction and the transaction date is equal to the shipping date. The authorization response data must also be included in the settled transaction.

Additional data (sales tax and customer code) is required in the settled transaction on all commercial (business) cards at non-Travel & Entertainment (T&E) locations.
The authorization request message must include Address Verification Service (AVS), which verifies the street address and the zip code of the card holder. NOTE: The only way this happens is if your software is set up to do this, or, if you are using a terminal, then if you capture the AVS information at the time of keying in your transaction.
The settled transaction amount must equal the authorized amount.
The settled transaction must include the business’s customer service telephone number, order number, and total authorized amount.
The transaction is electronically deposited (batch transmitted) on or 1 day after authorization date.
The transaction/shipping date must be within 7 calendar days of authorization date.

Non-Qualified Transaction Conditions
One or more of the Qualified or Partially Qualified conditions were not met.
Commercial Card without the additional data.
The transaction was not electronically authorized or the authorization response data was not included in the settled transaction.
The transaction was electronically deposited (batch transmitted) greater than 1 day from transaction/shipping/authorization date, or:
The VISA Infinite card was accepted.
Commercial Card Additional Data

MasterCard

Corporate Data Rate II (Purchasing cards): Sales Tax and customer Code (supplied by cardholder at point of sale) Corporate Data Rate II (Business and Corporate cards): Sales Tax International Corporate Purchasing Data Rate II: Sales Tax and Customer Code (supplied by cardholder at point of sale)

The following information must also be provided: Merchant’s Federal Tax ID; Merchant Incorporation Status; and Owner’s full name if the merchant is a sole proprietor.

Visa

Purchasing cards: Sales Tax and Customer Code (supplied by cardholder at point of sale) Corporate and Business cards: Sales Tax

Posted in Credit card Processing, e-commerce & m-commerce, Electronic Payments, Internet Payment Gateway, Mail Order Telephone Order Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , ,