MBN Payment Processing Blog

Are you EMV ready? Merchants Bancard can help!

What is EMV? EMV is a technical standard for smart payment cards and for payment terminals and automated teller machines that can accept them. EMV cards are smart cards (also called chip cards or IC cards) which store their data on integrated circuits rather than magnetic stripes. EMV Implementation...

Low Cost Credit Card Processing For Small Businesses

For small businesses, home businesses or family businesses, keeping the costs as low as possible is one of the keys to making a profit. At MBN we understand the need for economical options in everything you do, which is why we focus on low cost credit card processing. However, when it comes to low c...

Reducing Fees For Merchant Credit Card Services

At MBN, our goal is to provide our customers with the service they need at a low competitive rate. We listen carefully to your needs for credit card processing and make suggestions for the best options to give you the merchant credit card services you need while also saving you from spending money n...

How To Accept Credit Cards

It isn’t too hard to imagine but according to the 2013 Federal Reserve Payments Study, which tracked payment trends over a 10 year period from 2003 to 2012, it was found that credit and debit card purchases are sharply on the rise. In addition, the general-purpose cards, which include Visa, Ma...

Tips For Selecting A Credit Card Processing Company

As a business owner, it may seem like there are a million decisions to make on a daily basis. One more important decision you will need to make is in choosing a credit card processing company. While this may not seem like a big choice to make, and unfortunately many businesses don’t take the t...

Reducing Fees For Merchant Credit Card Services

Selling used POS systems online

The first rule of business is that things change. Business owner’s must keep up with the latest trends in technology, pricing, advertising, and many others. Staying aware and abreast of all of these factors is what makes you a successful entrepreneur. Another evolving area of business is changes i...

EMV stands for Europay, MasterCard and Visa

In an effort to provide increased security for customers, new credit card technology called EMV has been developed. EMV stands for Europay, MasterCard and Visa and refers to the creation of something called chip and pin or smart cards. Instead of a magnetic stripe, EMV cards store sensitive data on ...

EMV POS systems make easier on your staff

October 1st, 2015 is just around the corner — is your business ready for the transition from the traditional magnetic-stripe cards to the new chip-and-pin “smart” cards? While EMV compliance is not “mandatory” for merchants, if you’re business is not ready to accept the new cards, th...

Even your small business is a hackers target

Unfortunately in today’s climate of rampant computer fraud, it’s not only major financial institutions or retailers that find themselves to be hacking targets. Small businesses are also vulnerable to having their customer payment data stolen. It may seem as though as soon as a system is updated ...

Why you shouldn’t wait to upgrade to EMV

By now, all merchants have been notified that they will be required in October, 2015 to begin accepting emv cards. This new technology will require changes, such as upgrading pos systems to be able to read the chip imbedded in these cards. On the flip side, the benefits of this new, secure technolog...

Hacked? Your guide to recovery

With the rash of recent high-profile security breaches at Target, Home Depot, and Michael’s, consumers are worried now more than ever about their vulnerability to credit card hacking. If you find yourself the victim of a credit card hack, what should you do? More than likely, you have discovered s...

Accept EMV payments online

EMV chip technology is quickly becoming the new global standard for credit card and debit card payments. EMV technology was a collaborative effort on the part of Visa, Mastercard and Europay in an effort to combat fraud and protect sensitive customer payment data with enhanced security features. EMV...

Lower your credit card processing rate

Let’s face it, accepting electronic payments is an absolute must for businesses that wish to remain competitive in today’s economy. Once the only acceptable form of payment, cash has become increasingly less popular as customers opt for more convenient, and some may argue safer, forms of compens...

Top credit card processors for 2015

Every successful company needs the support of a top-notch merchant payment services organization to keep it’s business running smoothly. Even seasonal businesses require the services of companies like Square and Merchant’s Bancard Network (MBN), which supply merchants with state-of-the-art POS s...

Choosing a merchant service provider

All small businesses need to have some type of credit and debit card processing. If you’re in the market for a merchant service provider, you may find the search process to be overwhelming. But, ultimately, your decision should be based upon your customers’ preferences and your pocketbook. Merch...

Integrating your shipping softwarewith your merchant account

If you run an e-commerce business, you know that the number of credit card transactions that are done over the internet are growing in leaps and bounds. Now that you can keep your online store open 24/7, you need to be able to concentrate on your business without having to worry about logistical iss...

Enterprise level POS systems

Large companies with multiple locations need a point of sale system that has the capacity to collect and consolidate data from multiple locations. Enterprise pos systems are designed to do just that. On a real-time basis, they record, combine and interpret the large number of transactions happening ...

Sometimes simple is all you need

Thinking about starting a small business? One of the things that you’ll need to consider is how you are going to take payments from your customers. Today’s retail customers expect a full line of convenient and flexible payment options that offer fast checkout times. But, how do you go about choo...

POS systems for 2015

Most merchants are aware by now that they will need to be able to accommodate mobile payments by October, 2015. This means that you’ll need to look into updating your point of sale (POS) system to be able to read devices such as smartphones and credit cards outfitted with a computer chip, known as...

Should you invest in new orused POS equipment

In order to stay competitive, businesses must constantly update their practices, incorporating the latest advances in customer service and convenience. Today, providing the most up-to-date retail technology means that businesses need to offer customers the option of paying from any area of the estab...

Cloud-based POS systems

If you are a small business owner, you may want to consider switching to a cloud-based point of sale system as your payment platform. Cloud-based point-of-sale systems are becoming more and more popular especially within the retail, travel and hospitality industries. Unlike traditional point-of-sale...

Imagine your customer’s creditcard got stolen

The threat of hackers stealing customer’s credit card data and personal information is a concern for any business that accepts debit and credit card payments. As a merchant, when a customer runs his or her card through your point of sale equipment, it becomes your responsibility to keep their priv...

Clover makes it easier than everto accept payments

“You never get a second chance to make a first impression.” This oft repeated adage rings especially true when it comes to how your business appears to both new and returning customers. You’ve paid special attention to the design of the structure that houses your business, as well as to the fi...

How to compare merchant accountproviders

When making comparisons between merchant account providers, there are several key factors to consider. In addition to looking at costs – the rates charged both for payment processing and equipment – it’s extremely important to research the history of the provider. The quickest way to g...

Picking a payment gateway provider

A payment gateway provider is a necessity in the world of ecommerce. The function of the gateway provider is to authorize and process credit card, debit card and other types of electronic payments between you and your customers. Choosing the best gateway provider for your business can be a daunting ...

Custom POS systems for merchants

At Merchant Bancard Network (MBN), each of our merchant accounts are assigned an account manager who is trained in helping to ascertain the most secure, efficient and cost effective way to process credit card payments. Our account managers have specific knowledge and training in different industries...

Is Paypal enough for your business?

If there is one thing many of us learn in our lifetime, it’s that the best known brands are not always, well, the best. Take, for example, a pizza from an iconic chain restaurant, such as Dominos or Pizza Hut. Few would prefer it’s taste or quality over a handcrafted pie from that authentic Ital...

Upgrading EMV credit card terminals

Recent highly-publicized security breaches at Target and Michaels have shaken consumer confidence in the safety of credit card and other electronic forms of payment. In an effort to strengthen personal data security and reduce the incidence of fraud and data theft, many businesses are considering a ...

Accept credit card payments using your computer

In today’s market, merchants are aware of the growing reliance of consumers on credit cards as a preferred form of payment. Whether your business is online, on-site or a combination of both, you must have the capability to accept credit cards if you want to stay on top of this trend. With the help...

Which Merchant Service is BestFor Your Company?

A business may be designated as entertainment or retail, service or medical. But the truth is no two companies are exactly the same. Your business is unique, and as such, has specific requirements. At Merchants Bancard Network, we specialize in custom payment processing systems designed to meet all ...

Accept credit card payments on the go

Mobile point of sales systems are revolutionizing the way small businesses are now able to handle sales. This is especially true for on- the- go businesses that need a payment solution to be as mobile as their business. With First Data Mobile Pay solutions, offered by Merchant Bancard Network, you c...

We’ve Gone Social and Want to Feature You!

We’ve gone Social and want to feature YOU! Let us know what your Facebook, Twitter and LinkedIn page links are and we will feature you on our social media pages. Just add a short note about your products or services and we’ll make sure to feature you on our pages as part of our Featu...

First Data Mobile Pay – Wireless Payment Solutions – More Secure than Square or Payanywhere

Accept payments wherever you go by turning your mobile phone into a point-of-sale terminal Go Beyond: First Data Mobile Pay In your business, the point of sale is an ever-moving destination. Wherever your customers are, that’s where you’ll go – which means you need a payment soluti...

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Choosing the Right Credit CardProcessor & Understanding Fees

In the modern world of small business, accepting cash only has become increasingly untenable. Customers prefer the freedom of being able to pay with a credit card. In 2011, over $15 trillion was sent through credit, debit or prepaid cards managed by credit card networks. In this age of credit card d...

What Merchants Should KnowAbout Digital Wallets

Digital wallets, also known as virtual wallets, are becoming increasingly popular worldwide. In fact, the technology is anticipated to eventually replace the standard method of carrying credit cards in a physical wallet or purse. This is exciting news for merchants because it will ultimately make it...

PCI Compliance for Merchant Processing:Keeping Your Data Safe

What is PCI, and how do I avoid fees, audits, or even termination of my account? If you’re a merchant currently processing credit cards you probably already know about a few key things to watch for to stay compliant and keep your business safe. If you are a merchant looking to start pro...

10 Ways Mobile Marketing HelpsGrow Your Business

It is undeniable that mobile devices are here to stay, and the number of consumers with smartphones and tablets will continue to increase. In fact, there is so much buzz in the marketplace right now over new mobile device applications that merchants and customers are having a hard time keeping up wi...

The Modern Point-of-Sale System: More Than Just Ringing Up The Sale

Merchants today know that to stay competitive, multiple business processes must be streamlined and completed within a single, integrated system. You should be able to ring up transactions, manage employee time-clocks and payroll, and track inventory all through a single point-of-sale (POS)...

What Does EMV Mean ForMy Merchant Account?

EMV stands for Europay, MasterCard, Visa, and represents a global standard for credit and debit payment cards based on chip-card technology. EMV chip-based payment cards, popularly known as ‘smart cards’ contain an embedded microprocessor chip, a type of small computer. This micro-chip c...