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Whether you’re a merchant or your company focuses on serving merchants, you need to fully understand the rationale behind EMV terminals and the EMV liability shift in the United States. Now that the changeover has moved from being theory to a fact of life for most businesses, we’ve found there’s still a lot of misunderstanding about EMV-enabled device usage and issues. Perhaps we can clear some of it up for you.

Every industry has its problems, and the payment industry has several specific issues that must be addressed quickly. Among them is the struggle many people are having with the move to EMV chip-in-card technology. From customers to merchants, payment service providers and everyone else involved, the changeover has been a real struggle.

An omni-channel payment platform brings together in-person POS transactions, online sales, call center transactions and all other payments into a single stream, and there are good reasons for wanting everything in one place. Omni-channel payment processing platforms make a real difference for both you and your customers.

Some payment gateways are finally catching onto the needs of today’s merchants by offering the ability to handle split funding. But not all payment processing software is onboard with this modern need for split payments yet. Revenue sharing is more important than ever in some industries, and it makes sense to choose a payment service provider that can make this easy and seamless for your company.

Merchants need a break every now and then, and integrated payment solutions are one way that software companies can offer the businesses they serve some much-needed relief. With integrated payments, duplicate data entry is eliminated, reconciling the books is easier than ever before and this reduction in effort leads to saving time and money.

Have you heard of the EMV payment terminal cloud approach? If your company provides payment terminal mobile apps or web-based applications and you need to manage terminals without a local footprint -- or you need to use an operating system for which there aren’t any good terminal integration libraries or adapters -- you’re in luck.

Solving customer frustration with EMV terminals can and perhaps should start at the software company level. When the providers of terminal solutions for EMV-enabled device choices make smart decisions, provide good service and refuse to play the blame game, that optimistic and forward-looking outlook can trickle down through the merchant and to the customer.

Let’s be realistic: companies trying to become payment service providers face a long list of challenges -- but they’re challenges you may be able to overcome if you understand what you’re facing and take advantage of what’s out there in the marketplace to help you.

One smart decision is to use commercial open source payment gateway software rather than trying to create your own payment gateway from scratch. Why reinvent the wheel when a flexible and robust solution is waiting for you?

Your customers or clients probably have a preferred way to pay. But do you accept it? Or can you only accept payments your way?

The right merchant service provider can make it possible for you to accept credit cards, debit cards and other online and non-cash transactions with ease and convenience. But when you choose the wrong MSP, you’re sure to be dissatisfied, and your customers may not be pleased either.

Here are five important tips that can help you in making the right MSP decision to meet your current and future needs

Are you confused about exactly how much you’re paying your credit card processing company? Or do you simply avoid reading the statements you get because you don’t fully understand them?

Perhaps you’re just starting out in business and having a hard time deciding which company has the best merchant service account for you.

What you pay your credit card processing company involves more than just a base rate. There are hidden and confusing fees and concepts that you need to understand if you want to make sure you’re getting the best possible deal on the services you need.

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