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Interested in better customer service, increased sales, and multiple opportunities for engagement? A tablet point-of-sale (POS) system can offer just that for your credit card processing needs. In fact, many retailers are ditching traditional cash registers for cloud-based tablet POS systems because of mobility, quick processing, plus a streamlined platform for sales and inventory management. Robust reporting and analytics available on tablet POS systems can also help merchants track refunds, orders, and sales, as well as effectively market their business.
If you’re on Interchange Plus pricing, you might want to think about implementing some of the following techniques to lower the actual Interchange costs in an effort to lower your bottom line. Not all are practical for all businesses or card-acceptance models, but hopefully we can help you reduce costs – more so than we’re already able to with finding you a new, lower cost merchant service provider.
One of the first anti-scam measures introduce to protect the merchants against card fraud from online purchase scams is the card security code(CVC or CVC2). Introduced for the growing number of purchases where the card is not present or Card Verification Value (CVV or CVV2), allowing validation of the card number presented is the original produced by the issuer. Supplying the card security code(CSC) in a transaction is intended to verify that the customer has the card in their possession.
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