In response to government regulations and the needs of our merchants, in 2012, our company developed and released the RAAP program. Since implementation, this program has provided a seamless reporting tool for our merchants.
Everybody is Talking about
Europay, Master Card and Visa
The old saw about “I have some good news and some bad news… which do you want first?” is alive and well in processing world. PCI (Payment Card Industry) has made some changes that allow a transaction to complete for a partial amount instead of declining which was the way things happened in the past. This is good news since more transactions will be approved. THE BAD NEWS is if you are not looking carefully at the receipt and see that only a portion of the sale was approved you could be shortchanging your business in a big way. Ticket for $764 might be approved for $622 leaving a balance of $142!
With the increase in use of plastic as payment, it’s no wonder credit card fraud has begun to run rampant throughout the country. Many people believe certain myths about the safety of their credit cards that can put them at a higher risk for fraud. Here at Retriever, we know the importance of credit card safety and there are tons of myths out there that can give people a false sense of security. We’ve compiled the top three myths that you should quickly dismiss as false.
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