Category: Best Practices for Merchants
July 18th, 2017 by Elma Jane
1979 was a turning point in the credit card processing industry. Point of sale terminals emerged that year when Visa introduced a bulky electronic data capturing terminal which was the first payment credit card terminal.
In the same year, magnetic information stripe was added to the credit card which allowed card information to be captured electronically. Now Mag stripe was replaced by EMV (Europay, MasterCard and Visa) .
In 1994, the first version of the EMV was released and it became stable in 1998.
The United States started using the EMV Technology in 2014.
The future of payment will see Mobile payments, Electronic payments and Contactless payments like NFC (Near Field Communication) and smart cards, and is now taking over the traditional payment. Electronic Payment Technology will continue to evolve.
Posted in Best Practices for Merchants Tagged with: contactless, credit card, Electronic Data, electronic payment, EMV, mobile, nfc, payment, point of sale, terminals
July 12th, 2017 by Elma Jane
NTC Gives™ is an Electronic Payment Organization that allows congregations to accept payments on multiple platforms and supports non-profit organizations in our communities utilizing the award-winning customer service and industry leading technology of National Transaction Corporation™.
Keep Giving – allows recurring donations regardless of your worshipers attendance.
Mobile Giving – accept donations on a multitude of devices.
Secure Donations – Offload your protection mechanism to the banks payment gateway to ensure security breach while protecting your members.
For church congregations, start accepting donations online as well as recurring donations. Call now 888-996-2273 or go to NTC GIVES.Com
Posted in Best Practices for Merchants Tagged with: banks, electronic payment, gateway, Security
July 11th, 2017 by Elma Jane
NTC ePay is for any merchant who wants to avoid the complexities of a shopping cart or integration into an accounting system or point-of-sale. When custom pricing becomes an issue, shopping carts, POS systems, and booking engines tend to get immensely complicated.
NTC ePay does away with those complications by allowing merchants to simply email a payment request that can be paid in 2 simple steps.
When you call National Transaction, we pick up the phone ready to assist your business. Our dedication to supporting our merchants is unparalleled, from the point of sale and beyond.
Our commitment to our merchants extends to their interests with NTC Gives.Com, a program designed to give back to a charity of their choice. Call today and let National Transaction Corporation earn your business.
Contact National Transaction Corporation today at 888-996-2273, or visit us online
at www.nationaltransaction.com for more information.
Posted in Best Practices for Merchants Tagged with: merchant, payment, point of sale
July 10th, 2017 by Elma Jane
One of the most advanced and eye-pleasing smart terminals has generated some buzz. Specifically configured for small and independent hotels to help manage their businesses and provide an exceptional guest experience.
For SMB/independent lodging establishments, the benefits include:
- Availability of an EMV terminal solution – a first for the lodging industry – as this option has not been offered in the lodging sector by competitors or legacy terminal providers
- Dynamic, all-in-one smart device that looks great and delivers an exceptional guest experience
- A modern, simple, and intuitive interface (think iPhone/Android) enables lodging establishments to get up and running quickly with minimal employee training
- Powerful security to ensure maximum security, including EMV, encryption, tokenization, and PCI protection
- Robust, cloud-based reporting to help hotel owners manage their business, and see transactions and settlements in real time
Lodging industry customers that will benefit from this smart terminals:
- Smaller, independent hotels
- Hotels without property management systems
- Existing lodging customers using Hypercom terminals (in need of EMV terminal solution)
Branded hotels:
- For pool decks, spas, golf courses, gift shops, and other non-front desk locations
- As a backup for existing systems
For Electronic Payment Account Set Up Call Now! 888-996-2273
Or let’s get started NationalTransaction.Com
Posted in Best Practices for Merchants Tagged with: EMV, encryption, PCI, Security, terminal, tokenization, transactions
June 27th, 2017 by Elma Jane
E-commerce has been growing, and now the overall market is starting to take notice; thanks to advances in online payment processing and electronic payment technology, as well as the willingness of almost all merchants to accept credit cards online.
E-commerce ecosystem are set to double and will account for a rising share of overall card payments. In addition to increased internet and smartphone penetration; more e-commerce merchants and an increase in the use of digital wallets.
Cardholders globally are becoming more confident in the security of the e-commerce channel, with the expected implementation of 3D-Secure 2.0 and increased use of sophisticated anti-fraud systems in many markets it gives consumer assurance that payment cards are safe to use for e-commerce purchases.
Trends indicate that e-commerce is the wave of the future for shoppers. But digital shopping is just one piece of the broader payments ecosystem.
For Electronic Payment Set Up Call Now! 888-996-2273
Let’s Get Started National Transaction.Com
Posted in Best Practices for Merchants Tagged with: card payments, credit cards, Digital wallets, e-commerce, electronic payment, merchants, online, payment, Security, smartphone
June 22nd, 2017 by Elma Jane
Join National Transaction on September 13th with LES BROWN
Roz & Cal Kovens Center, FIU Biscayne Bay North Campus
SOUTH FLORIDA’S TOP DECISION MAKERS WILL BE HERE…. WHERE WILL YOU BE?
Read More
Posted in Best Practices for Merchants
June 21st, 2017 by Elma Jane
How and when you get paid for your products and services is one of the most important thing to consider as a business owner. Therefore, understanding the difference between getting your payments processed over the internet vs. a brick and mortar store is important.
You can choose to have an in-store terminal or POS system where you can do card present transaction, or you could have an online payments account to accept card-not-present transaction from your website, via emailed invoices, over the phone or by mail.
Nowadays, many businesses choose to have both card present and card-not-present payment acceptance, so they don’t miss out any potential business. Having both is an effective way to ensure costumers can pay however they want.
Card present or in-store payments will have lower processing fees than those payments accepted online or over the phone (card-not-present). The reason for this is that the risk for fraud increases in online and other card not present transactions.
There is less risk associated with a business swiping a credit card than keying it in. Why? When a card is swiped, a person is present; where the merchant can check ID and signature. When a person is not present, it’s open for consumer fraud.
Choose your Payment Service Provider carefully. There are payment providers that are experts in each type of industry as well as providers that can process payments in all of them.
It is important to take fees into consideration, but don’t let the benefits outweigh the risks. Choose a provider that offers free reporting tool and delivers outstanding service where you can speak to someone when you call.
For Electronic Payment Set Up Call Now 888-996-2273
or go to NationalTransaction.Com
Posted in Best Practices for Merchants
June 6th, 2017 by Elma Jane
Need Electronic Payment Set Up?
NTC will manage your paperwork and onboarding and we can negotiate other flexible terms of your contract.
The quality of NTC’s services, plus the level of continuing customer support, will be the key difference.
Being transparent and straightforward that’s NTC!
Call NTC now 888-966-2273! or click here NationalTransaction.Com to get started!
Posted in Best Practices for Merchants Tagged with: electronic payment
May 31st, 2017 by Elma Jane
If you’re a retail business you’re going to need a credit card terminal to accept credit cards, and if you have multiple locations; you might need more than one terminal.
Obtaining terminals for your business with multiple locations can be expensive. Because of this, some merchants used leasing arrangements which they think that monthly leasing fee might seem like a bargain compared to the cost of buying a terminal.
One provision of the lease is: Non-Cancelable Lease
Leases commonly have a 48-month (four-year) term, and a clause that makes the lease completely non-cancelable.
They also have a purchase option at the end of the lease. You must exercise your option to end the lease.
In a non-cancelable provision, they’ll keep deducting monthly leasing fees from your account regardless of anything, or an immediate payment of all remaining months of your contract if you break your lease.
In addition to monthly leasing fee, you’ll also pay sales tax and a monthly equipment insurance fee; while you can purchase it for as low as $150-$200.
Beware of free terminal offers, other providers will offer a free terminal, but they also charge higher monthly fees if you elect the free terminal. So the terminal isn’t really FREE.
For Electronic Payment Set Up Call now 888-996-2273 or go to NationalTransaction.Com
Posted in Best Practices for Merchants, Electronic Payments Tagged with: credit card, electronic payment, merchants, payment, terminal
May 23rd, 2017 by Elma Jane
Proprietary hardware is owned and controlled by the company which produces it and in most cases is limited in terms of use. Proprietary system is usually only able to work with software and other hardware products created by its manufacturer, it is often patented or under trade-secret protection. Even though proprietary systems are generally considered outdated, technologically advanced and highly functional proprietary hardware is still being developed today.
Open source hardware sometimes referred to as commercial hardware, is hardware that is available for general public use; anyone can modify, and distribute. If you choose a system that allows for open source hardware, you may be able to use your own iPad, tablet, computer, or smartphone to run your POS system. If your POS works with open source hardware, you have the freedom to shop for hardware from multiple places, guaranteeing that you find the best deal.
Another perk to working with a company which offers open source hardware is that it allows the company to focus on software and the user experience like NTC.
For Electronic Payment Set up call now 888-996-2273 or go to NationalTransaction.Com
Posted in Best Practices for Merchants Tagged with: electronic payment