Good news for high risk merchants: Operation Choke Point is waning

Good news for high risk merchants: Operation Choke Point is waning

We had an epiphany the other day, and it’s favorable news for high risk merchants. We wondered when was the last time we wrote about Operation Choke Point, the U.S. Department of Justice’s 2013 effort to deny electronic payment resources to certain high risk industries such as payday lending, guns and ammunition sales and telemarketing,…

Why Recurring Payments and Subscriptions are Here to Stay

Why Recurring Payments and Subscriptions are Here to Stay

I was guilty of thinking that the subscription model had seen better days. I know now that’s not true (forgive my Generation X ways). Merchants are getting creative with recurring payments models – it’s not just magazines, tolls and gym memberships that work well with subscription billing. Recurring payments, according to a recent study by…

Why the FTC is Watching Debt Collection Agencies

Why the FTC is Watching Debt Collection Agencies

When the Federal Trade Commission decided to pay more attention to the practices of collection agencies, it really meant it. A recent news item in Consumer Affairs is all the evidence needed. Apparently, a company called American Municipal Services Corporation, a debt collection agency in Texas that services more than 500 municipalities and collects utility…

Why Cross Border Acquiring Has Become More Difficult

Why Cross Border Acquiring Has Become More Difficult

If you’re are finding it more difficult to get an offshore merchant account, you’re not imagining things. Recent regulation changes from Visa have made the cross border acquiring process a little more complicated for merchants who want or need to process transactions through an offshore bank. Complicated, but certainly not impossible. The cross border acquiring…

A Reminder for 2017: Credit Card Fraud is Alive and Well

A Reminder for 2017: Credit Card Fraud is Alive and Well

We’re not big on New Year’s resolutions here, but there are a few things e-commerce merchants might want to take under consideration, if not already, for 2017 regarding credit card fraud. It’s going to get worse. As a reminder, with the U.S. migrating from credit cards with the magnetic stripe to those with the microchip,…