Insights

A downgrade simply means that you are being charged a rate increase because the type of card your customer is using has a higher processing cost or because a transaction was processed incorrectly by you, the merchant. You can’t always prevent downgrades from happening, but this article will show you what you can do to keep your transaction costs as low as possible.

The Verizon Business 2011 Data Breach report was issued this week and we were not surprised to learn that theft of personal credit card information declined in 2010. This was due in large part from saturation within the market of this information as a result of breaches throughout years previous.