Archive for April, 2006

Wikipedia Merchant Account Updated

The merchant account service of the wikipedia was finally updated. The section was severely lacking in a quality definition of what a merchant account is, and has now been updated. I took a look at the article and it is incomparably better than it was before. I personally dislike the entire concept ...

Continue Reading 1 comment April 29th, 2006

Do you pay for refunding customers?

Having a good payment processor is a paramount requirement to having your merchant account run efficiently and as low cost as possible. The reason I say this, is that there are a number of payment processing companies that charge businesses for processing a transaction and for refunding a transa...

Continue Reading 3 comments April 28th, 2006

Verifone to acquire Lipman

This is probably the biggest news in many years relating to the credit card processing equipment industry. Verifone Holdings Inc. is set to acquire Lipman Electronic Engineering Ltd in a merger of 2 of the largest processing equipment manufacturers in the world. Lipman is the 3rd largest processi...

Continue Reading 1 comment April 21st, 2006

Shopping Cart Software

I have made a list of available shopping cart software. The list is broken into free and paid, and separated further by the programming language that the cart is written in. Please let me know if you have a good shopping cart program that isn't listed. Continue Reading Add comment April 21st, 2006

Processing Equipment Lease Cost Calculator

I finally got around to programming another simple tool. The lease cost calculator will show how much the total cost of leasing processing equipment will cost, and will also show you how much money you save by buying equipment outright. There are about 25 common terminals programmed into it, and ...

Continue Reading Add comment April 18th, 2006

The History of Credit Cards

Credit card history can be traced as far back as the 1890's in Europe. Credit itself historically dates back to 1700's. Texaco CardCredit cards were first used in the 1920's in the United St...

Continue Reading Add comment April 17th, 2006

The History of Credit Card Terminals

I have been searching around for several days now, and I cant seem to find a decent resource as to history pertaining to credit card acceptance and the bankcard business. The next few posts will be a series of history related articles. Credit card terminals which have a place on the counter of m...

Continue Reading 3 comments April 12th, 2006

How to safely Purchase a Wireless Credit Card Terminal

Nurit 8000 Wireless credit card machines hold the future of credit card processing. Wireless credit card machines offer businesses the ability to process credit and debit card a...

Continue Reading 6 comments April 10th, 2006

Accepting other payments on Ebay

Ebay and Paypal now seem like they were a match made in heaven. Paypal and Ebay started out as two different companies. Both Ebay and Paypal have grown very rapidly. After both Ebay and Paypal became well established, Ebay saw huge potential in Paypal and several other smaller 3rd party processing c...

Continue Reading Add comment April 7th, 2006

SEO for Ecommerce Websites

I normally try to keep SEO separate from the realm of credit card processing, but this is a great article written by Bill Hartzer that details the importance of optimizing ecommerce websites. Ecommerce websites are often cookie-cutter OsCommerce and other dynamic shopping based sites, and this artic...

Continue Reading Add comment April 6th, 2006

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