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Industry Insights
creditcard

Credit vs. Debit

The question has long been, “credit or debit?” when a customer presents their bankcard to you, the merchant. You’re giving the customer the choice, and, often the reply is simply, “oh, whatever.” You shouldn’t be as casual about it. It helps to understand the difference between credit and debit card transactions. There are different ways […]

Industry Insights
custom

How Pricing Varies Between Credit Card Processing Providers

Credit card processing invoices are as complicated as telephone bills – arguably even more difficult to understand. There are a mind-boggling number of line items, most of which are cryptically described and mean nothing to the average businessperson. So when approached by a potential new provider, how does one compare pricing? The first step would […]

Industry Insights
applepay

Why Accept ApplePay?

ApplePay and many other mobile payment schemes – commonly referred to as mobile wallets – are simply another method by which consumers can make payments using their credit or debit card account.   In addition to the consumer carrying a plastic card, the card account data is loaded into an “app” on the consumer’s smartphone, […]

Industry Insights
Mobile Solutions

Why PCI Compliance Isn’t Just About Payments

Many businesses view compliance with data security standards established by the Payment Card Industry Security Standards Council (PCI-SSC) as just related to the acceptance of credit and debit cards. While these standards are designed to protect cardholder data, the standards are really about the basic IT security of your business, regardless of whether you accept […]

Industry Insights
thrive payments

Preparing for EMV-Chip

As most businesses know by now, the major card networks have established a shift in liability effective October 1, 2015. As of that date, whichever party (the card issuer or the merchant) does not EMV-chip capabilities will be responsible for counterfeit fraud in a card-present transaction. ATM’s and unattended fuel pumps have an extra two […]

Industry Insights
thrive payments

Service Excellence Matters

Any good business knows that service excellence matters.  You can have the best products and services but if you don’t support them with a great customer experience, sustainability and profitability will be elusive. At Thrive, we work hard to create great customer experiences, providing each client with their own service contact and striving for resolution […]

Industry Insights
thrive payments

Use Prepaid Cards to Reward Employees and Incentivize Customers

Prepaid MasterCard or Visa gift cards are an ideal way to reward your employees and incentivize customers and prospects. Employers use the cards, pre-loaded with value, for employee recognition, wellness programs and bonuses. Many businesses find them very useful in providing incentives for customers and prospects to purchase new products and services, for test drives, […]

Industry Insights
thrive payments

Using Simplified Data Analytics to Increase Revenue

The Insightics Solution, developed by First Data and offered by Thrive Payments, uses your own sales information to offer rich insight into customers, sales and groups of similar businesses. It then translates that information into personalized insights that help you take action, whether that means bringing in new business, better targeting your marketing or understanding […]

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