Cash Down, Credit and Electronic Payments Up
It appears that the COVID-19 pandemic had a significant impact on how people pay for goods and services. According to the Atlanta Fed’s 2020 Diary of Consumer Payment Choice, the use of cash for payments dropped substantially in 2020, offset by a rise in...
Best Practices for Taking Credit Card Payments Over the Phone – Safely and Securely
It’s important to be able to accept credit card payments over the phone. The COVID-19 crisis has made it even more essential, as much in-store business is now being conducted online or over the phone. When you’re taking phone orders, you can be more at...
10 Effective Ways to Protect Against Card Testing Fraud
There’s a new type of credit card fraud that seems minor on the surface but is growing into a major issue. It’s called card testing fraud and it could affect you – big time. What is Card Testing Fraud? Card testing fraud occurs when someone comes into...
Dealing with Online Restaurant Chargebacks
With many restaurants shifting to a heavier mix of online ordering, curbside pickup, and delivery, the incidence of fraudulent chargebacks is on the rise. An increasing number of consumers are receiving the food they ordered online and then, a few days later,...