As customers continually demand more flexible, convenient payment processing options, businesses are responding by opening advanced merchant accounts that allow for secure credit card, debit card and ACH payment processing options. While credit card processing helps simplify transactions with the swipe of a card, ACH processing makes it easy for businesses to transfer electronic funds directly into their accounts. Below, learn more about ACH payment processing.
While credit card processing capabilities have become crucial for merchants to expand in today’s market, small business merchants face dangerous risks should they not properly protect their payment process. Criminals are shifting away from hacking into large enterprise systems and instead, targeting small merchants, hoping to take advantage of oversights and negligence that leave these merchants vulnerable to attack.
Chase Bank recently announced that it is now issuing Chip and PIN credit cards for people who frequently travel out of the United States. The technology has been implemented in Europe and Canada to enhance credit card security, though the United States has not yet made the switch from magnetic stripe credit cards to Chip and PIN cards. BluePay offers Chip and PIN credit card processing capabilities for its Canadian merchants.