Abstract: As we near the October 15, 2015 credit card processing mandate (see below) to switch to the global credit card processing standard called EMV, it’s important to understand what it is as well as what it isn’t. EMV isn’t mandated by PCI nor does it need to be implemented to remain PCI compliant. However, […]
Archives for 2014
Changing Credit Card Call-in information
We just received notice that the “Bank Id” code will be changing for all our customers using Mercury Payment Systems for credit card processing. Everyone using Mercury Payment Systems should change their documentation to reflect the new Bank ID to prevent further delay and embarrassment for the first voice authorization needed. A better solution is […]
Now may be the perfect time to upgrade your system.
It seems that we just finished investing in technology when “something new” comes around the corner, many times more often than any of us can justify the cost to change. Of course, the longer we wait the more difficult and costly the change. Moving too quickly can otherwise be too expensive. With the release of […]
The Importance of an Accurate Physical Inventory
Guest Post: Our long time friend and industry expert, Linda Carter, with The Retail Management Advisors recently published this wonderful article on the importance of Physical Inventories. She was gracious enough to allow us to re-post her article. As every retailer knows, an annual physical inventory of all merchandise is required by the Federal Income […]