Tag:small business
Debit Interchange Regulation
The biggest news of the month, is the regulation of debit interchange. Originally this was proposed as a debit interchange limit of $.12 per transaction as part of the Dodd-Frank Financial Reform bill. After fierce battling for more than a year (and lots of lobbying by the banks), debit interchange is to be regulated to $.21 per transaction and .05% per transaction. As written, this applies to all debit card transactions, PIN or signature as well as Ecommerce/MOTO transactions. It’s not entirely clear when and how this will take effect but stay tuned over the next months. Read more
Mobile Payments – What is the Best Option?
Square has made a big splash in the mobile payments space with their simple and free card-reader and flat pricing (2.75% for all transactions). Although Square has been getting all the press, they weren’t the first company in this space, they just went about it differently. ROAMData started adding attachments to phones that allowed you to take payments a few years ago. Payline Data now uses the ROAMPay device through NPC. Intuit also uses ROAMPay, but built a few things on top of it including having to pay Intuit's outrageous pricing. Now that Intuit (Quickbooks) has responded to Square by getting rid of a $179 device fee, the question remains – should you ever recommend Intuit GoPayments for a small business? Read more
10 Things to Consider Before Jumping into Google+ ~ Gini Dietrich
By Gini Dietrich
You’ve likely heard by now that Google+ launched last week in super-secret beta form. They’ve twice, now, opened invites for a couple of hours and then closed them quickly because the demand is so high. So if you’re not in yet, don’t despair.
There are some things you need to be thinking about before you jump to the newest shiny penny.
The past couple of years have been focused on building community and engaging through Facebook and Twitter. But you don’t own those platforms, which means you don’t own your fans and followers.
This is why it’s so important to build community on a platform that you own. Sure, you need all the social tools and the content curation and the fun apps that make your stuff look cool, but they all should drive people back to something you own.
In this case: A database.
Read more
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Payline Data Services, LLC | 225 West Washington Street, Suite 2200 Chicago, IL 60606
PHONE: 800-284-7401 | FAX: 800-660-0318 | Donations made through Payline Giving
Payline Data Services, LLC, a registered ISO/MSP in association with First National Bank of Omaha, Omaha, Nebraska, Member FDIC.
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