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A merchant bill audit company specializing in credit card business solutions has issued a warning to all businesses that deal with credit card purchases. Any company that doesn’t currently accept credit cards with a smart embedded chip will be held liable if they accept a transaction with a fraudulent card, whereas before October 2015 the reverse was true. Due to this change Electronic Processing Services has announced they can help businesses with 2 different approaches to solving the fraudulent card issue. They can also help businesses set up to deal with all credit cards, and audit their merchant bill to see where they can save them money.
More information can be found on the official Electronic Processing Services website at: http://www.denverelectroprocess.com.
Businesses can get a free audit on their monthly bill for simply by entering their details on the Electronic Processing Services website. Users can write their message and upload their bill, and the staff will analyze the document and work out precisely where they can save the business some money. Each bill is different and there are no absolutes, but the staff will do their best to ensure each business can fine tune its services to improve their profit.
To help with those who don’t currently deal with smart cards, and who may therefore be liable for fraudulent encounters, the site offers two different approaches to help them deal with credit cards and protect themselves in the process. The first option is called Rio, and is a state of the art business countertop system that can process all manner of different payments quickly and efficiently. It has a smart card reader that makes transactions very easy and uses a MIFARE technology system that has gift card support. Customers can also pay easily using cash.
Another option is the Verifone VX 520, which is a mobile money card reader that allows greater flexibility due to its size. With an online, ATM-style interface, it is designed to meet the needs of a mobile operator and offers easy, fast payment options. Both can help protect the owner against liability for fraudulent card transactions.
Businesses can also fax their monthly merchant bill to receive an audit on 1-866-222-3795 or call the 1-866-723-0080 with questions or to set up a merchant account.
Release ID: 113997