Tag Archives: b2b payments

REMINDER: U. S. MERCHANT LIABILITY FOR NON-EMV COUNTERFEIT POS PAYMENT CARD TRANSACTIONS BEGINS OCTOBER 1, 2015

WHAT IS THE EMV FINANCIAL LIABILITY SHIFT?   Beginning October 1, 2015, financial liability for counterfeit point-of-sale (POS) payment card transactions will shift to, “the party that is the cause of a chip transaction not occurring….”1  Essentially, if the financial … Continue reading

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VALUE IN CORPORATE ELECTRONIC PAYMENTS ACCEPTANCE

  A CONCEPT OF VALUE  Koller, Dobbs, and Huyett contend that a business’s value is driven by its growth, return on capital, and resulting cash flows; that value is created when companies generate higher cash flows; and that value depends … Continue reading

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In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation

  If you are a merchant that has accepted Visa and MasterCard credit cards for a reasonable time, are you aware that you may soon be entitled to significant reimbursement of interchange fees?   On October 19, 2012, a Definitive Class Settlement … Continue reading

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SECURE INVOICE PAYMENTS

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UPDATED LEVEL III DATA ENTRY REQUIREMENTS

Visa and MasterCard now require Level III data entry for all corporate card types, including corporate, purchase, procurement, and fleet cards.  Accounts receivable departments can retain 1% of the total amount of invoices paid with corporate charge cards, simply by … Continue reading

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