Payment Services Blog

The Impact of the Expressions Hair Design v. Schneiderman case on the future of surcharging?

October 30, 2017

In 2013 the card brands Visa, Mastercard, Discover, and American Express made it legal for merchants to implement a surcharge on credit card transactions. It was then up to the individual States to define the rules & regulations on how a merchan read more

PCI Compliance & The Importance of Secure Payment Processing

October 24, 2017

If you are lucky enough to have never experienced a security breach, then PCI compliance might seem like nothing more than a nuisance. As far too many companies have found out the hard way, however, this is simply not the case. Let’s take a loo read more

3 Factors To Consider When Selecting an Online Credit Card Processing Company

October 16, 2017

One of the most important financial partners that you choose when managing your business — on par, even, with your company’s banking institution — is your credit card processor. And the ubiquity of credit cards, explosive growth of read more

Why Should My Small Business Accept Credit Cards?

October 10, 2017

Roughly half of all small businesses in the US don’t yet accept credit cards. So how do you know if your small business should accept credit cards? Here are 6 reasons you should consider accepting credit cards. Customer Experience Customers who read more

What is a Credit Card Convenience Fee?

September 29, 2017

Credit card convenience fees are quite similar to surcharges — and, in fact, both fees serve very similar purposes. Whether you, as a merchant, are levying a convenience fee or a surcharge, your goals are probably 1) to offset the costs associa read more

NXGEN Mexico Offices and Employees are Safe after Mexico City Earthquake

September 20, 2017

FOR IMMEDIATE RELEASE – WHITEFISH, MT – SEPTEMBER 20, 2017 – By now you have all heard about the earthquake in Mexico, and along with the mounting death toll and damage estimates, the NXGEN family is thankful and can breathe a si read more

NXGEN ANNOUNCES NEWEST PARTNERSHIP WITH SUMUP

September 20, 2017

Whitefish, MT – September 2017 – NXGEN, a tech company that delivers state of the art payment solutions to merchants globally, announces its newest partnership with SumUp, Europe’s leading financial technology company that is set to become read more

Is credit card surcharging legal in my state?

September 13, 2017

Is credit card surcharging legal in my state? The answer is, probably. It is currently legal to surcharge in 44 states. Merchants who surcharge in approved states still have rules and regulations that they must follow. In many instances, they may not read more

The Pros and Cons of Credit Card Surcharging

August 25, 2017

Surcharging offers big benefits to the merchant while also posing a few potential challenges. Let’s look at the pros and cons of credit card surcharging to help you decide if zero cost credit processing is right for you. Is it legal to surc read more

NXGEN CELEBRATES 15 YEARS IN THE PAYMENTS INDUSTRY

August 4, 2017

WHITEFISH, MT July 27, 2017: NXGEN has reached a milestone August 3rd, 2017 celebrating 15 years of business. The company has grown from the dreams of Founder/CEO, Thomas P. Nitopi, to a global leader in the payments industry with a footprint in more read more

How do I Set Up an Online Store?

August 4, 2017

You made the decision to set up an online store. You are in good company. Annual e-commerce sales are predicted to total nearly 2 trillion dollars in 2017. This number is greater than the entire GDP of every nation on earth except for the US, China read more

4 Reasons to Launch an Online Store

July 26, 2017

If you are considering starting an online store, now is the moment to act. There has never been a better time to break into the world of e-commerce. The online technology that supports e-commerce is simultaneously becoming more affordable and more a read more

What is Level 3 Processing?

June 29, 2017

Are you curious about the distinction between level 1, level 2, and level 3 credit card processing? Wondering if your business needs level 3 processing capabilities, or if such technology is even worth the trouble? If so, then this article is for you read more

Grow Your Small Business With Big Data

June 15, 2017

If you think that using big data to drive business is a strategy available only to large corporations, then it’s time to think again. New technology has made big data more accessible and easier to interpret than ever before — and the tremendo read more

3 Ways To Use Promotional Cards to Drive Business

June 1, 2017

Using promotional cards to drive new business is a smart way to promote and bring greater awareness to your brand. Below are three great tips for implementing gift, loyalty or promotional cards into your business strategy. Promotional cards can have read more

The History of Credit Cards and Credit Card Terminals

April 26, 2017

In the early 1900s, the idea of credit cards took important step forward, when oil companies, department stores, and other large businesses began offering their own proprietary cards, which could be used by customers at those specific stores. In many read more

The Smart Terminal is the Future of Payments for Small Retailers

March 2, 2017

Poynt offers an exciting new way for businesses and organizations to accept payments. The industry most influenced by this innovation in taking payments is retail. Function meets form in a new kind of wireless smart terminal that allows you to take t read more

7 Payment Predictions to Look Out for in 2017

February 22, 2017

Find out what industry experts are predicting for payment trends in 2017. Are you ready for the upcoming trends? Source: https://ingenico.us/ read more

3 Ways to Accept Credit Card Payments

January 18, 2017

Accepting credit card payments is a non-negotiable necessity in this day and age. If your business lacks the capability to make such transactions, you risk losing quite a bit of business: not only will a certain percentage of customers who were plann read more

The Rules of Surcharging Have Changed

December 23, 2016

In the world of Credit Card Processing, the rules have changed again, and this time, in the merchant’s favor. It is now legal to apply a surcharge or “checkout fee.” So what is a surcharge? A surcharge is an additional fee added to the to read more

10 Ways to Lower Your Credit Card Processing Fees

November 14, 2016

Below are ten ways you can lower your credit card processing fees. Many factors cause your monthly statements to be higher: card present versus card not present, improper transaction habits, PCI compliance, the environment that you process in, and so read more

How Payment Processing Works (And 4 Common Mistakes to Avoid)

November 10, 2016

Though it’s not necessary to be an expert regarding the ins and outs of payment processing in order to run a successful business and accept credit card payments, it is advisable to develop a basic understanding of how the process works. This will h read more

Convenience Fees: Everything You Need To Know

October 29, 2016

Convenience fees can be used to help offset some or all of the costs of payment processing to the consumer but there are significant limitations and rules to keep in mind. This article will explain convenience fees, the guidelines when imposing, and read more

Virtual Terminals for Credit Card Processing

October 19, 2016

Businesses today have many different options for credit card processing and virtual terminals is a great one. Countertop terminals have long been the norm, but virtual terminals are becoming increasingly popular and here is why. What is a virtual ter read more

Advantages and Disadvantages of Different Payment Types

September 26, 2016

Are You Paying Too Much to Accept Credit Cards? Here is How to Calculate Your Effective Rate.

September 15, 2016

So you have started accepting credit cards but do you know how to quickly and easily tell if you’re paying too much for processing? In the credit card industry just about any company will offer you a free statement analysis, but I am going to read more

NXGEN serves proudly on the Whitefish Chamber of Commerce

August 26, 2016

June 16, 2016 – Whitefish and Columbia Falls Chamber of Commerce jointly hosted the monthly social at the newly remodeled Glacier Discovery Center. During the social, Jenny Rifkin, NXGEN Partner Development Manager was presented with her off read more

Processing Point Inc. Announces ISO Partnership with NXGEN

August 22, 2016

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NXGEN Montana Sales Manager named to Columbia Falls Chamber of Commerce Board of Directors

August 18, 2016

Columbia Falls Area Chamber of Commerce Announces New Board Members – Board of Directors grows with addition of four local business leaders. Columbia Falls Area Chamber of Commerce is pleased to announce the appointment of four new board memb read more

NXGEN, A Small Town Tech Company, Wins Industry’s Top Award

August 15, 2016