The recently released Payment Card Industry data-security standard (PCI) Version 2.0 does not contain any major changes. But, there were some small revisions for payment processing security.Clarifications and additional guidance included in the updates include:New language involving the scope of..
Health care payment processing for medical services are handled in a dismally ineffective way by the majority of medical care providers. Physicians and hospitals are collecting only 50% health care payments from insured patients. For the uninsured, the portion of patient payments drops to a..
Health care providers and medical billing companies have been accepting card payments for a long time. Yet, it is surprising how few health care organizations or medical billing firms accept payments online.In this day and age, offering patients the ability to pay online seems like a "no..
Chargebacks and High Risk ProcessingBusiness applying for high risk merchant accounts accounts frequently ask questions about chargebacks.Card brands consider chargeback percentages over 1% to be excessive. Other elements that are considered when examining chargebacks are the number of..