Instabill, a global provider of merchant accounts since 2001, received a grade ‘A’ rating in a review of credit card processors from CardPaymentOptions.com. The review encompassed performance areas such as sales and marketing, for which it received an A-; as well as costs and contract terms, for which it received an ‘A.’ Additionally, Instabill received a grade…
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Is E-Cigarette Processing Impacting Big Tobacco?
E-Cigarette manufacturer Green Smoke was recently purchased by the Altria Group, adding more evidence to the trend that e-cigarette processing is having an impact on the big tobacco industry. The acquisition by Altria Group, which oversees NuMark, Phillip Morris and U.S. Smokeless Tobacco, Co., is the latest in what appears to be a pattern of…
Are E-Cigarettes Impacting Big Tobacco?
E-Cigarette manufacturer Green Smoke was recently purchased by the Altria Group, adding more evidence to the trend that E-Cigarettes are having an impact on the big tobacco industry. The acquisition by Altria Group, which oversees NuMark, Phillip Morris and U.S. Smokeless Tobacco, Co., is the latest in what appears to be a pattern of tobacco giants…
Credit Card Processing for Marijuana Merchants Could Be Near
Credit card processing for marijuana merchants may be near after U.S. Attorney General Eric Holder publicly supported banking access for such. In a speech at the University of Virginia last week, Holder also said that the U.S. Department of Justice would “soon unveil proposed regulations” regarding the buying and selling of medicinal marijuana in the…
MasterCard Advocates Credit Card Security in US with EMV Chip Cards
MasterCard announced last week that U.S. banks and merchants need to transition to the EMV chip system to enhance credit card security. The announcement came in an open letter from Chris McWilton, President of MasterCard’s North American Markets on Jan. 8, released this week to financial institutions, merchants and other partners in response to the…
E-Commerce Surge the Reason for Fed Ex, UPS Shortcoming
Package shipping giants Fed Ex and United Parcel Service were simply not prepared for the e-commerce surge that accompanied the 2013 holiday season. From Dec. 24-26, virtually every news medium in the U.S. reported how FedEx and United Parcel Service (UPS) experienced significant delays which drew the ire of thousands without presents on Christmas morning.…
Pay with Bitcoin? Buy a Mansion
The digital currency bitcoin continues to enter the mainstream with one Las Vegas commercial developer putting his mansion on the market for $7.85 million. Despite the steep price of the house, the seller has stated that he is willing to accept bitcoins as payment, bringing the currency further into the spotlight as its value skyrockets.…
CEO Urges Against US Online Gambling
The US online gambling debate has experienced various ups and downs since efforts began to legalize gambling websites in the United States. With three states—Nevada, Delaware, and New Jersey—allowing its citizens to gamble online, experts have been predicting that the online gambling industry will grow into many other states. However, Las Vegas Sands CEO Sheldon…
CEO Urges Against US Online Gambling
The US online gambling debate has experienced various ups and downs since efforts began to legalize gambling websites in the United States. With three states—Nevada, Delaware, and New Jersey—allowing its citizens to gamble online, experts have been predicting that the online gambling industry will grow into many other states. However, Las Vegas Sands CEO Sheldon…
Money 2020: Retailers Will Control Consumer Relations
This year’s Money 2020 conference was a sweeping success. CEOs and representatives from all around the world came to discuss current and emerging trends within the payments industry. Topics ranged from the growth of mobile payments to new commerce platforms, but one topic widely discussed and agreed upon was how retailers will control consumer relations.…