Posts Tagged ‘credit cards’

As of October 1, 2015, credit card companies will be shifting liability for fraudulent transactions to merchants. Credit card companies are issuing new cards called EMV (Europay, Mastercard, and Visa) that will include a microchip to authenticate chip-card transactions and lessen the likelihood of fraud. For small businesses, this means a technology upgrade in credit/debit […]

Recently an attorney sought our firm’s opinion regarding an issue involving a client business’s credit card processor. Like many businesses, the client entered into a merchant agreement whereby the company agreed to accept certain credit cards for payments for services and merchandise. When a consumer tried to make a purchase by charging the entire amount […]

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