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Payments Blog Archives

5 Trends to Know About eCommerce in 2018

Written by: Ian Drysdale, Global eCommerce Leader at Elavon January is a time when businesses around the globe set their sights on making 2018 the best year yet for business. A smart way to plan is by taking note of upcoming trends that your custome read more

EMV Upgrade Deadline Extended For Gas Stations

Chip card technology has been the most far-reaching change to payments in the last 60 years in the U.S. While nearly 1/3 of all businesses now accept chip cards, the fuel segment has its own unique challenges. The EMV migration deadline for gas stati read more

4 Reasons to Take Your Business Global

Ready to go global? The stats and the business are there to support your decision. Here are just a few reasons to take your business global. Global Electronic Payments Growth European payment transactions are expected to grow to $55 billion in 2018 ( read more

The 6 Steps of Credit Card Processing

Have you ever wondered exactly how credit card processing works? The behind-the-scenes details of payment processing involve a number of financial institutions. The payment process from your point of view as a merchant is a bit simpler, however. Belo read more

CardX Raises $2.1M in New Investment Round

CardX, a Chicago-based startup, today announced that it raised $2.1M in a recent round of outside investment. The investment was led by industry leader NXGEN International, with two other investors participating. With this additional funding, CardX w read more

What is a Credit Card Convenience Fee?

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 ANNOUNCES NEWEST PARTNERSHIP WITH SUMUP

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?

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

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

How do I Set Up an Online Store?

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

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

3 Ways to Accept Credit Card Payments

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

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

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
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