Category Archive for : ‘Uncategorized’

While medical and recreational forms of marijuana are legal in thirty states and the District of Columbia, cannabis merchants face continuing regulatory uncertainties and blatant hostilities from the U.S. Department of Justice. Recent remarks by U.S. Attorney General Jeff Sessions linked cannabis sales with criminal gangs, violence and a national drug crisis, despite growing public support and reported socio-economic benefits of cannabis usage.

A study published March 12, 2018, by Colorado State University-Pueblo’s Institute of Cannabis Research, and funded by local and state cannabis taxes, found the Pueblo area netted $35

The early months of a new year is always a good time to reflect on the previous year. From the perspective of the payments industry, 2016 was a year that laid the groundwork for stunning innovations and continued expansion into new financial technology (fintech) and financial services (finserv) territories.

What 2016 really did was set up fintech and finserv for an exciting 2017. Below is a list I compiled with colleagues of the top trends we expect will take center stage in the months ahead.

Blockchain

While blockchain has been around for

The Better Business Bureau  serving Central, Coastal, Southwest Texas and the Premian Basin advise all retail businesses to get new EMV chip card readers installed by the end of October 2015. By the end of 2015, 70 percent of credit cards and 40 percent of debit cards in the U.S. will have embedded security chips called [...]

The fee paid to the card issuing bank by the card acquiring bank by way of the processor. Interchange is the base fee to which all other acquiring and processing fees are added to come up with the merchant discount rate. Interchange rates vary widely based on card type, transaction amount, risks and retail sector. It is assessed on all Visa- and MasterCard-branded cards, even PIN-based debit cards. In certain circumstances interchange flows in reverse, such as following a chargeback.

An organization registered with Visa and sponsored by an acquiring bank to sell VISA card acceptance services; also refers to an organization that works with and does business under the name of such a registered ISO. ISOs may also service merchant accounts once they are registered, dependent upon the contract with the acquirer. MasterCard uses the term “member service provider” to describe ISOs. However, it is common within the payments industry to use the term “ISO” when referring to independent sales organizations registered with either or both card brands.

There are many services out there for you to choose from. Every company has their own pricing and options, but when it comes time to make a decision, you want to get the best option for your business. We want you to choose us TODAY, so please take a look at why Insignia stands out from the rest!