Blogs

Come join Swipenow and learn how much money you can save from becoming a member of the Marion County Home Builders Association today from 10:00 to 4:00. We will be doing cost saving analysis on location if you bring your merchant statements in. Authorize.net will also be included at no cost to anyone that comes by and starts processing with Swipe now today. Authorize.net is a virtual and web based terminal that can also provided a monthly recurring bill feature. Tim Holstein and Adam Nimmo look forward to meeting with you!

Come join SwipeNow at the Center Oregon Builders Association Monthly Membership meeting at the Bend Senior Center on Reed Market Rd 5:00PM PST.

Come join SwipeNow at the Travel Portland Industry Trade show February 18th, 2010 at the Oregon Convention Center.

SwipeNow Booth #21

Businesses should not miss the opportunity to sell Gift Cards!

A cash-generating product that doubles as a miniature "billboard" in your customer's wallet. Card balances decline as the card is used encouraging repeat visits and limiting cash refunds.

BENEFITS: Why issue Gift cards?

Increased revenue
Increased float and slippage (on average 10-15% of cards are never redeemed)
No change given – 100% Value
Gift card sales boost ( average 30% more than paper)
Additional revenue streams (card sponsorship)
Enhanced promotional capabilities to drive incremental sales

Issue Overview: Reported Fraud Attempts at Merchant Locations

As unemployment rates soar and consumer spending shrinks accordingly, payment processors report that e-commerce chargebacks stemming from friendly fraud are increasing significantly. Friendly fraud is committed when a consumer who wants to escape liability for payment claims a valid credit card transaction was unauthorized.

Reminders on getting the lowest rates when processing credit cards… Remember that the more information captured the lower your rates will be. Below is the hierarchy of transactions from lowest to highest.

• Swiped Debit Card with Pin Number
• Swiped Card
• Key Entered with AVS
• Corporate Card with Level 2 data
• Key Entered with out AVS

Although chargebacks cannot always be completely avoided, there are steps you can take to help prevent them. The more you know about processing procedures, the less likely you might be to do, or fail to do, something that could result in a chargeback.

Tips for Internet and Mail Order/Telephone Order (MOTO) Businesses

• Use the Address Verification System (AVS) to ensure that your customer is providing you with the correct billing address.
• When sending merchandise to a customer, use a shipper that will be able to provide proof of
  

In today's Financial Services Industry there are more than a handful of companies who claim to offer wholesale rates for your Visa/MasterCard processing. As part of SwipeNow's dedication to service and support we will gladly look over any proposals quoted to your business and explain it in depth. More often than not we uncover hidden charges, if however this is not the case we would like the opportunity to maintain our business relationship by offering a price match to the rates being offered.

Welcome to the SwipeNow Blog.

We will post updates here regarding Industry Trends, Fraud Prevention, Technology, News and Events.

Please check back soon. Feel free to comment with anything you would like us to cover as well.

Adam Nimmo
Business Operations Manager
Phone: 503.542.1040