Merchants

According to the Consumer Financial Protection Bureau (CFPB), nearly $90 billion in medical debt appeared on consumer credit reports in 2021. Considering that not all medical debts in...

On October 14, 2022, Payscout will implement enhancements to comply with Visa, Mastercard, Discover, and American Express card brand mandates unless otherwise noted. Payscout has analyzed these card...

Our client, Johns Hopkins Health System (JHHS), is one of the largest and most diverse healthcare systems in the United States. For more than 100 years, they have been providing elite medical care...

Interchange Fees make up the largest portion of a merchant's payment processing costs. Unfortunately, it is often not clear what these fees are and how they are charged. In some cases, processors...

Increase Your Collections and Improve Your Communication. You Customers Will Thank You! Take a look around. It seems that nearly every facet of our lives has become “automated” in one form or...

Effective April 2022, card brands (Visa, Mastercard, Discover, and American Express) are implementing a series of updates/changes which will affect pricing in certain categories and regions. The...

Turn on the TV. Open a newspaper. Fire up the Internet. Everywhere we look these days we see, or hear, stories focusing on “Choice,” and “Freedom of Choice.” These themes seem to dominate the news...

Fire up your favorite search engine and enter “Payment Processing Company.” Google will often return “About 1,000,000,000 results” — in less than one second! No kidding; just try it. The...

Let’s face it. You have customers that always seem “unresponsive,” regardless of how many times you reach out. Many collection agencies believe the only way to increase customer responsiveness is to...

Businesses are created for a variety of reasons. Some are the result of a childhood dream; some are the result of a desire to perform a civic duty; some are the result of a chance encounter; some...

Do you offer first party billing services as an EBO or BPO to your collection clients to assist them with their early receivables prior to assignment for collection? If so, our new First Party...

Consumers and Compliance: Things Are About to Change CFPB. FDCPA. ARM. ROI. DBA. The list of acronyms in the collection industry is endless. And while not officially an acronym, we have a new...

In the payments industry, there always seem to be a number of payment processors engaging in dishonest business practices, which can lead to merchants being misled and deceived if they are unaware...

The Consumer Financial Protection Bureau (CFPB) has ordered Nissan Motor Acceptance Corp. (NMAC),  the auto financing subsidiary of Nissan's North America division, to pay $4 million in fines...

This article will be continually updated whenever any updates are made to the Paywire Gateway, to ensure that you have the most up-to-date information at all times. Payscout's Paywire Gateway...

We recently distributed the most up to date versions of both the card-present and card-not present ME application. Since we’ve had questions from a few partners and we’ve recently experienced some...

In October 2020, a series of updates from Visa and Discover will take place. In this article, we will take a look at some of the key upcoming changes. Visa Authorization Response Messages From...

Payscout is proactively monitoring merchant activity during the COVID-19 Pandemic, and is increasing communication with merchants as trends emerge. Here is a high-level overview of the Best...

Product Description The Account Updater service enables merchants to obtain updated cardholder account information from participating card-issuing banks for a cardholder that the merchant has an...

As a function of Visa’s forthcoming changes, card-not-present interchange rates will be increased, meaning that transactions made online or over the phone will incur greater fees. For those in the...

Mastercard has recently updated its Chargeback Monitoring Program. The new updates involve 2 different programs: the Excessive Fraud Merchant (EFM) Compliance Program and the Excessive Chargeback...

In October 2019, a series of operating regulatory changes from Discover® , Visa®, and Mastercard® will be made. This article describes the upcoming changes and when these changes will come into...

Every Business Owner Should Read Payscout’s Payment Portal eBook[/caption]As a result of the innovations in global mobile payment processing and other facets of the payment industry, Payscout is one...