IRS Merchant Services Tax Reporting Mandate

  • October 11, 2012
According to the Housing and Economic Recovery Act of 2008, beginning on January 1, 2012, Acquirers in the electronic payments industry were required to report credit card payments to the IRS.

In …

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Vantage a proud sponsor of Small Business Saturday 2012

  • October 09, 2012
American Express’ Small Business Saturday is scheduled for Saturday, November 24, 2012. Small Business Saturday falls between Black Friday and Cyber Monday and is dedicated to driving sales to …

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BankcardTerminals.com showcases new payment technologies

  • September 25, 2012
Vantage Card Services launches BankcardTerminals [+] as a new merchant service resource focused on the latest payment technology recommendations.

Our passion has always been consulting with clients …

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Interchange Lawsuit Update

  • August 22, 2012
In the seven-year old Interchange lawsuit (Payment Card Interchange Fee and Merchant Discount Antitrust Litigation case), a proposed settlement was announced on July 13, 2102, with an October 19, 2012 …

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Will the Visa/MasterCard Interchange Fee Agreement Hold?

  • July 30, 2012
If the proposed settlement in the Payment Card Interchange Fee and Merchant Discount Antitrust Litigation case is approved, merchants will receive billions of dollars, a temporary Interchange rate …

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Payment Card Usage Surcharges

  • July 30, 2012
In the proposed settlement of the Payment Card Interchange Fee and Merchant Discount Antitrust Litigation case, merchants would win the ability to impose surcharges on customers who use card payments. …

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7 million retailers to share $7.25 billion proposed settlement

  • July 13, 2012
An estimated 7 million retailers will be affected by a proposed settlement in the Payment Card Interchange Fee and Merchant Discount Antitrust Litigation case.

According to Reuters, it has been …

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PCI guidance for accepting payments using a smartphone

  • July 11, 2012
Our PCI Compliance and Security partner ControlScan plans to integrate the SAQ P2PE-HW into our merchant portal by the end of the quarter, as it’s expected that P2PE certified solutions will be …

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Payment Card Interchange Fee and Merchant Discount Antitrust Litigation

  • July 10, 2012
Visa Inc and MasterCard Inc are moving closer to a settlement in a seven-year old case named In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. Most analyst are predicting …

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Notes from Visa's Q2 2012 Earnings Call

  • May 02, 2012
Visa posted positive double digit gains and says it will “live forever with less share than we once had” due to government regulations.

Visa reported “very vibrant transaction …

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