Recent Industry and Company News
Drop The Signature?
Mastercard, Discover, American Express and Visa Ditch Signature Requirement For decades we’ve been signing our names to make purchases at the counter. But now, the sales signature could be as relevant as the 8-track tape player. As of April 2018, the four major credit card companies scrapped requiring signatures after a transaction. For Visa, this only applies to businesses that [...]
How Long Should A Business Keep Signed Credit Card Receipts?
How Long Should A Business Keep Signed Credit Card Receipts? There are two primary reasons to keep signed credit card receipts: Dispute chargebacks Tax purposes Customers have anywhere between 60 days and 18 months to file chargebacks on purchases, depending on the bank that issues the card. Signed receipts are supporting documentation to the bank that the customer agreed [...]
Credit Card Terminals & Phone Lines
Using Credit Card Terminals Over Phone Lines For many years, the most common way to process credit card transactions was through a phone line. Even though the industry was slow to adopt high-speed internet connectivity, it is now the standard. However, some businesses still haven’t elected to upgrade to the speed and reliability that IP based connections provide. In [...]
5+1 Ways to Collect Payment More Efficiently
Are you doing all you can to quickly and efficiently collect payments from your patients? We've created a recap of our top payment collection ideas. [pjc_slideshow slide_type="payment-collection-ideas"] Have questions or would like more information? Contact us directly at (402) 206-2233 or complete the form below to get started. Be sure to tell us if you're part of a small [...]
Overpaying for Debit Transactions
Do you know how much your office is paying to process a debit card? You could be paying hundreds of dollars too much every month. We’ll tell you exactly what to look for on your statement. NOTE: If your current processing provider is one of the large national banks, you’ll definitely want to read on. Dig out a recent [...]
5 FAQs About the Department of Labor’s New “White Collar” Overtime Rule
Have you heard about the new “white collar” overtime rule set forth by the U.S. Department of Labor as part of the Fair Labor Standards Act? If not, chances are it’s going to affect your business and your employees. In a nutshell, here’s what you can expect: Minimum salary threshold for overtime eligibility increased from $23,660 to $47,476 annually [...]