Matrix Payment Systems Web Blog

Press Release FOR IMMEDIATE RELEASE

Uncategorized - 1 year ago - admin

Matrix Payment Systems Receives 2009 Best of Barrington Award
U.S. Commerce Association’s Award Plaque Honors the Achievement
WASHINGTON D.C., June 8, 2009 — Matrix Payment Systems has been selected for the 2009 Best of Barrington Award in the Credit Card & Other Credit Plans category by the U.S. Commerce Association (USCA).
The USCA “Best of Local Business” Award Program recognizes outstanding local businesses throughout the country. Each year, the USCA identifies companies that they believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and community.
Various sources of information were gathered and analyzed to choose the winners in each category. The 2009 USCA Award Program focused on quality, not quantity. Winners are determined based on the information gathered both internally by the USCA and data provided by third parties.
About U.S. Commerce Association (USCA)
U.S. Commerce Association (USCA) is a Washington D.C. based organization funded by local businesses operating in towns, large and small, across America. The purpose of USCA is to promote local business through public relations, marketing and advertising.
The USCA was established to recognize the best of local businesses in their community. Our organization works exclusively with local business owners, trade groups, professional associations, chambers of commerce and other business advertising and marketing groups. Our mission is to be an advocate for small and medium size businesses and business entrepreneurs across America.
SOURCE: U.S. Commerce Association

CONTACT:
U.S. Commerce Association
Email: PublicRelations@us-ca.org
URL: http://www.us-ca.org

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Verified by Visa Program” and MC Secure Code Verification

Uncategorized - 1 year ago - admin

Basically the shopping cart provider has to certify with the front end processor (like Vital/FDR) to run this program and pass all required data. Once certified, they add the links and extra fields on their check out page and IF the cardholder wants to use it, they can then use the program. It only protects against some of the chargebacks and only for certain dollar amounts. The rules on this changes all the time. It basically checks for fraud like the AVS/CVV2 but since the cardholder has to register, it reduces fraud on these sales but only on these sales. It does not protect for other chargebacks like: merchandise not received, not as described, duplicate processing, credit not processed, etc. This is only for Visa cards as well.

Overall I do not recommend it but we do have some merchants that do use it. Unscrupulous salespeople think it’s a good sales tool until they get a chargeback and then they look bad. Most reps don’t care after they sign up and get their start up fee so they don’t care if the program doesn’t work well.

Having worked with this program since it first started in 2001 I believe, I have not seen much of a benefit. When we do get chargebacks, usually Visa comes back with some excuse as to why the merchant is still liable, example…they were a stolen identity, they showed up on a fraud list, etc.

Thank you,
Cindy Joyce
CB/Training Sen. Manager

P.S Not sure what reps will try and sell this to you for but my cost if I were to sell it to you (I don’t recommend it) is $50 setup, $10.00 monthly and $0.07 per transaction.

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2009 NATB/World Ticket Conference/$200.00 Visa Gift Card Raffle/Verified by Visa

Uncategorized - 1 year ago - admin

Hi,

The NATB http://natb.org/ annual meeting and trade show is coming up July 16th -18th at the Wynn Hotel in Vegas. http://www.worldticketconference.com/

I will be at the show with my partner Bob Dahlem. We are in booth #209 in the middle aisle. A floor plan is attached to this email. We will be raffling off a $200.00 Visa Gift Card so make sure you enter.

When choosing a credit card processor booth to visit at the show please keep in mind the following
-we’re not “posers” we have been servicing the ticketbroker industry and NATB members for over 7 years
-Matrix has been the credit card processor of choice for Ticketbrokers since 2002
-we have far more ticketbroker clients than any other processor in the industry
-see why over 200 ticketbrokers can’t be wrong
-get the real truth about the “Verified by Visa” program. While available through us we don’t recommend it as it costs you extra money and only gives protection against non cvv & avs matches which you can do for free. If someone tells you otherwise run for the door. Real protection against chargebacks is with our aggressive proactive chargeback prevention techniques and aggressive chargeback defense.

If you’re attending please give me a call before the show at my office (below) or if you call while we’re in Vegas my cell is 847-772-9437. I’d love to buy you a meal or go for beverages in appreciation for your business and to get to know you better. At the very least stop by and say hello. And bring your friends!

Bill

–
Bill Hoidas
Consultant Manager Larger B2B/MOTO/Internet Accounts
Product Development Manager
Matrix Payment Systems
(847) 381-3482 office
(847) 381-4289 fax

http://paymentconsulting.net

http://chicago.citysearch.com/review/44659273

http://paymentconsulting.net/adv_funding.html

John 3:16 For God so loved the world, that he gave his only begotten
Son, that whosoever believeth in him should not perish, but have everlasting life.

These days we are facing an economic crisis and need to prepare ourselves more effectively for the recovery – to discover opportunities, identify potential partners looking for opportunities, looking for a reason to hope. Now it’s a good idea to ask: how could my product/service provide opportunities in today’s economic climate?

–
Bill Hoidas
Consultant Manager Larger B2B/MOTO/Internet Accounts
Product Development Manager
Matrix Payment Systems
(847) 381-3482 office
(847) 381-4289 fax

http://paymentconsulting.net

http://chicago.citysearch.com/review/44659273

http://paymentconsulting.net/adv_funding.html

John 3:16 For God so loved the world, that he gave his only begotten
Son, that whosoever believeth in him should not perish, but have everlasting life.

These days we are facing an economic crisis and need to prepare ourselves more effectively for the recovery – to discover opportunities, identify potential partners looking for opportunities, looking for a reason to hope. Now it’s a good idea to ask: how could my product/service provide opportunities in today’s economic climate?

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Finally a chance for merchants to have a voice regarding PCI regulations!

Uncategorized - 1 year ago - admin

Hi,

I thought this was an interesting site that could give all of my clients to speak their peace regarding PCI compliance regulations.

Merchants Struggle to Comply With PCI Security

Seven merchant organizations have gotten together and issued a proposal to the PCI Security Standards Council that would both increase security and reduce some of the stress on merchants that are trying to comply with the standards.

The Council is listening. Bob Russu, General Manager of the PCI Security Standards Council is actively soliciting input from merchants before the next revision of the standard that is due in September of next year.

The timeline for the update and feedback phases can be found here. Merchant911 urges all merchants, on-line or not, to contact the PCI Council with suggestions and concerns. Now is the chance to be heard! Full contact information can be found on their website.

Reference:

Merchants Struggle to Comply With PCI Security In Economy – Network World

–
Bill Hoidas
Consultant Manager Larger B2B/MOTO/Internet Accounts
Product Development Manager
Matrix Payment Systems
(847) 381-3482 office
(847) 381-4289 fax

http://paymentconsulting.net

http://chicago.citysearch.com/review/44659273

http://paymentconsulting.net/adv_funding.html

John 3:16 For God so loved the world, that he gave his only begotten
Son, that whosoever believeth in him should not perish, but have everlasting life.

These days we are facing an economic crisis and need to prepare ourselves more effectively for the recovery – to discover opportunities, identify potential partners looking for opportunities, looking for a reason to hope. Now it’s a good idea to ask: how could my product/service provide opportunities in today’s economic climate?

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