Archives / 2009 / July
  • B2B suppliers accepting commercial card payments

    As reported in a recent U.S. Banker article titled P-Cards Have Promise, approximately 16 percent of B2B suppliers accept commercial cards for U.S. B2B payments citing Interchange fees as a factor limiting p-card growth.  

    We have found through our extensive work in the B2B payments space that many businesses who are accepting commercial card payments are not qualifying for the lowest Interchange rates available.  For those businesses who don't accept commercial cards, a misunderstanding of costs is often the reason. Two of the most common problems business face is not having the proper merchant account pricing structure and using the wrong payment processing technology. 

    For many small businesses, they started accepting commercial cards because a large customer … more

  • Capitalizing on Your Cash Flow


    How important do you consider your cash flow?Many small businesses focus the majority of their attention on sales but cash flow is king.  This video recommends: 

    Shorting your cash flow cycle

    Taking Early Pay Discounts

    Cutting Costs

    Using Lock Box services to process and deposit payments 

    A good way to improve cash flow is to outsource your trade credit.  Trade Credit Express is a business payment platform to outsource your trade credit administration and accounts receivable (A/R) financing providing your business with the payment speed of accepting a credit card, while extending improved trade credit terms for your customers. 

    Outsourcing your trade credit administration is a smart strategic decision.If your company is … more

  • Card Number Truncation on Merchant Receipts

    Update: March 2011

    There are federal laws, various state laws and association rules which require merchants to truncate the cardholder copy of receipts.   It is the merchant's responsibility to comply with applicable laws and regulations regarding truncation.  Please check your POS and terminal receipts to insure you are in compliance.

    Seven (7) states have passed legislation that requires merchants to truncate both cardholder and merchant receipts.  The states are:

    New Mexico - as of 01/01/2004

    Wisconsin - as of 08/01/2005

    Colorado - as of 01/01/2006

    Tennessee - as of 01/01/2007

    California - as of 01/01/2009

    Alaska - as of 07/01/2009

    Nevada - as of 07/01/2009

    Washington State - as of 07/26/2009

    Additional states have legislation in progress which may … more

  • Visa Implements U.S. List of Registered Independent Sales Organizations

    Vantage Card Services, Inc. is a registered Visa ISO.  Merchants can now verify compliance status on Visa’s U.S. List of Registered Independent Sales Organizations, available at

    Many Independent Sales Organizations (ISOs) are unregistered.  The public nature of Visa’s new U.S. List of Registered Independent Sales Organizations will encourage banks and merchants to obtain information on ISOs to ensure a better understanding of their business partnerships.  Now that listing information is readily available to merchants, the hope is that fewer unregistered ISOs will be allowed to solicit merchants. 

    In addition, the payment applications that merchants use and that ISOs sell, implement and support should also be on Visa’s list … more

by Ty Hardison

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