Chargebacks 101

What Every Business Owner Needs to Know

By Cassidy Roell, Sales Assistant, ChargeItPro When I started working in merchant services, I had never heard the term “chargeback” before. I quickly learned that, if ignored, they can put even successful companies out of business. I was interested... |

Read more

Beneficial Ownership Rule

FAQs surrounding change instituted by the U.S. Financial Crimes Enforcement Network (FinCEN) on May 11th, 2018.

What is the FinCEN Beneficial Ownership Rule? The Financial Crimes Enforcement Network (FinCen), a department of the United States Treasury, introduced the Beneficial Ownership Rule in May of 2016 with a mandatory implementation date of May 11th, 2018.... |

Read more

EMV Transactions Will No Longer Require Signatures

The change goes into effect on April 15, 2018

In a move that could potentially save business owners some valuable time, the four major credit card issuers in the United States–Visa, Mastercard, American Express, and Discover–will no longer require merchants to collect customer... |

Read more