Report: Only 37-percent of merchants are EMV ready A February report by The Strawhecker Group — a payments consultancy — found that only 37 percent of U.S. merchants are EMV ready when it comes to accepting credit card payments. EMV stands for Europay-Mastercard-Visa, and represents the small computer chip found on credit cards. Cards must […]
Read ArticleATM TLS deadline approaching Any ATM on internet communication will stop working afterMarch 31 if it doesn’t have the right software installed and TLS settings enabled. This only affects ATMs processing over the internet. It does not affect ATMs processing over a phone line or cellular box. For the past six months, we’ve been updating […]
Read ArticleIn the market for a new POS? We’ve been searching high and low for point-of-sale systems that meet our customers’ needs. The good news is we’ve found two that are not only affordable, but use the best technology available. The first is the InsightPOS. This state-of-the-art POS has over 4 million SKUs saved in the […]
Read ArticleAs of April 19, 2013, Mastercard holds the ATM operator liable for acceptance of Maestro counterfeit cross-border chip card (also known as Europay, Mastercard, Visa or “EMV”) transactions. What this means is if a customer uses a fraudulent foreign Maestro card — the name of Mastercard’s international credit card — the owner of the ATM […]
Read ArticleIf your business currently sells prepaid phone cards or prepaid cellular minutes in Nebraska, please read the following. The State of Nebraska Department of Revenue was required to notify merchants of the Prepaid Wireless Surcharge Act last year. This surcharge took effect January 1, 2013. We have received a few inquiries regarding this new tax/fee, […]
Read ArticlePremier Merchants Group’s new lease program makes an ATM more affordable than ever! At a cost of $65 per month plus $.08 per transaction, an ATM can be placed in your location. With a $2 onscreen surcharge, if your ATM does two transactions per day, it more than pays for itself. You make 100-percent of the […]
Read ArticleBy switching its credit card processing to us this spring, one South Dakota location discovered an annual savings of over $10,000! One common theme we repeatedly hear is monstrous monthly credit-card processing bills. What if those bills didn’t have to be so big? What if instead of paying the credit card companies, you could keep […]
Read ArticleHave you been Durbined? Chances are you have, and don’t even know it. The Durbin Amendment, which was part of the Dodd Frank Act, went into effect Oct. 1, 2011. This article written by David S. Evans explains the positive and negative effects of the new legislation, and helps merchants better understand the repercussions of […]
Read ArticleA reminder, Premier Merchants Group’s office will be closed from Dec. 24 through Dec. 27 in observance of Christmas. In case of emergency with your ATM, you can call our 24/7 support at 877-271-2627 and choose extension 3 then extension 1. For credit card terminal help, contact 888-501-2273.
Read ArticleAlong with our processor Payment Alliance International, Premier Merchants Group is able to offer a brand-new text marketing program to merchants. This low-cost, highly-effective form of advertising can not only drives sales, but set you apart from your competition. View complete pricing and program details here U.S. cell phone users sent roughly 5.1 billion text […]
Read Article