Archives

• Vantage provides wireless card processing at the Taste of Alpharetta

  May 22, 2010

  Steve Duby and Christina Pietro at the 2010 Taste of Alpharetta

  Last week was the 20th Annual Taste of Alpharetta outdoor street festival.   The Taste of Alpharetta is the largest “Taste of” festival in the South with over 60 restaurants sampling delicious appetizers, entrees and desserts, plus a chef’s competition, cooking demonstrations and a Culinary Arts & Music Stage.

  While admission, parking and shuttles are free, participating restaurants charge $1-3 per food sample.  For the 3rd consecutive year, Vantage set up a wireless payment card system for the City of Alpharetta to quickly handle food ticketing for 57,400 foodies and festival-goers in five hours. 

  We set up two VeriFone Vx510IP terminals connected to a Verizon wireless router to … more

• Senate Adopts Amendment to Regulate Interchange; What should merchants do now?

  • Credit Card News
  • Guides
  • Merchant Rates
  • Payment Industry
  • Vantage Card

  May 14, 2010

  The Interchange amendment to the financial reform bill, sponsored by Senator Richard Durbin (D-IL), was adopted Thursday night.  The measure gives the Federal Reserve authority to regulate Interchange fees, using a "reasonable and proportional" standard.   The amendment also allows merchants to discount lower costs payment options and allows minimum card purchases.  Once the Senate passes the financial reform measure, it will have to be reconciled with a House version that does not include the Interchange provision.

  What does this mean for U.S. merchants?  First, take a look at your most recent April merchant statement.  If you are not on a direct Interchange pass through pricing plan already then you need to take action.   Open your browser and … more

by Ty Hardison

Share this Post