New survey results from The Strawhecker Group (TSG) estimate that only 37 percent of U.S. merchant locations are EMV-ready just months after the October 2015 liability shift. Despite concerted, industry-wide efforts, it appears that many businesses are just not getting the message.
Smart business owners are always looking for ways to economize, but some may not think of potential savings that are literally right at their fingertips: their monthly credit card processing statement. By reviewing your current merchant services package, you may discover ways to increase your profits.
When a merchant goes shopping for a credit card processor, there are a number of factors that he or she should consider, including the type of credit card processing required for their business (POS retail, mobile, Internet, wireless), the reputation and reliability of the processor, the customer service and support they offer and, of course, cost.