The Mysterious MTOT BANKCARD Charge

“BankCard”: How we use the term, how we don’t use the term, and a look back at its history.  Our customer service team here at BankCard USA fields a lot of calls each day from business owners trying to discover the source of a mysterious charge on their business bank accounts. They tell us the […]

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Preventing “Friendly Fraud” with EMV Processing

Card-present fraud used to be black and white—retail businesses didn’t have to cover the losses; the credit card issuing banks did. Since October 2015, the grounds have shifted dramatically. That’s when the EMV liability shift took place. It says that merchants who don’t use an EMV chip terminal are liable to cover fraud damages when […]

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Opening a High Risk Merchant Account

The silver lining of having a high risk business is that there will be a smaller and less overwhelming pool of merchant account providers to choose from when you’re trying to set up credit card processing. Instead of having to research and choose from thousands of providers, you can focus your efforts on a narrower […]

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