Capital Bankcard South Blog- Industry Insider tips, tricks, and hacks

3 Costly Mistakes Business Owners are Making by Not Accepting EMV Cards

Posted by Chris Kille on Apr 12, 2016 9:26:46 AM

EMV compliance has now been in place for just over 6 months. Adoption rate is still relatively low, even among major chains and box stores. It appears that some businesses are just not taking it that seriously. Major Point of Sale and hardware providers are still slow to release compliant equipment, and most processors were late to the game, if they have even arrived yet. The card associations are taking this adoption very seriously, and they are starting to play hardball.

Here are a few scenarios that have actually happened to customers of mine.

The Late Adopter
The Micros User
The Mobile Merchant

0 Comments Click here to read/write comments

Topics: Merchant Services, EMV, Visa, American Express

The sneaky new pricing model your bank doesn't want you to know about

Posted by Chris Kille on Mar 3, 2016 9:28:10 AM

ERR pricing and why its bad for your business:

You are most likely reading this because you currently process credit cards through your bank. Truth be told, the larger banks in America maintain the largest percentage of merchant accounts in the country. What they fail to inform you is that the local service you are accustomed to will most likely be outsourced when it comes to your merchant account. They also usually neglect to inform you how their merchant reps get paid. At Capital Bankcard South, we make no secret and are completely transparent on how we make our money, and as a business owner, you have the right to know how your vendors make their money.

This short article outlines a relatively new pricing model that is being utilized in most of the major banks in America today. In my opinion, it is a sneaky and unethical way to mislead you into believing you are paying one rate, but in reality are paying something much higher.

0 Comments Click here to read/write comments

Topics: Merchant Services, Credit Card Processor, Visa, Merchant Account, American Express

How to Reduce your Company's Merchant Fees

Posted by Chris Kille on Feb 22, 2016 10:37:08 AM

The merchant services industry has a bad rap. For years, banks and processors have been taking advantage of small business owners withpricing models that most business owners have a very hard time understanding.

0 Comments Click here to read/write comments

Topics: Merchant Services, Credit Card Processing, Accept Credit Cards, Credit Card Processor, Visa, Merchant Account

5 Ways to Reduce Merchant Account Fees Your Bank Doesn't Want You to Know

Posted by Chris Kille on Feb 3, 2016 9:34:16 AM

One of the questions we get most frequently is "How do I keep my merchant fees low?" Since this can be a pretty complicated industry, we have compiled a short list of things you can do to help keep your rates down. For a more detailed description of the merchant services industry, CLICK HERE TO DOWNLOAD OUR E-BOOK

0 Comments Click here to read/write comments

Topics: Mobile credit card processing, Merchant Services, Credit Card Processing, Accept Credit Cards, Credit Card Proceessors, Credit Card Processor, Visa, Merchant Account, MasterCard, Discount rate, Interchange