NPSBANK Blog

Celebrating 17 Years of Business!

17 years ago Allen Kopelman and Dave Burney were inspired to help business owners of South Florida with credit card processing. They wanted to provide a unique kind of concierge service so that businesses would not have to call a toll-free number and speak to someone they did not know. That is when Nationwide Payment Systems was born. We started …

Chargebacks – It’s All About that CHIP!

We get phone calls every day – We are getting chargeback’s and we are losing them! What can we do? October 2015 – Liability Shift is causing merchant loses! Restaurants, Bars and Nightclubs who are not equipped with EMV are experiencing high amounts of chargebacks! – We have some places that are getting $1000 to $3000 per week – Here …

EMV 2016 – A Year Later – How Can Your Business Become EMV Compliant?

After a few major conventions in the payment processing business have taken place, statistics are available on what is happening with merchants and EMV. Have a look at the EMV chart below Here are the top hurdles – from merchants Here is what NPS can do for merchants Q: Processor Readiness A: Our Processors are ready – we have multiple …

What Can the Hospitality Industry Do to Stop Chargebacks and Become EMV Compliant?

Despite growing risk many restaurants, bars, nightclubs, hotels and franchises are citing cost and inconvenience for not adopting more secure EMV/chipcard technology. We have developed these solutions with that in mind and made them affordable to any business. “According to a study by the Ponemon Institute, the average consolidated total cost of a data breach is now $3.8 billion, representing …

EMV & Chargebacks – What is New That You Need to Know?

New Chargeback Rule – this is a must read! October 2016 A new rule from the Card Associations – they will NO Longer Accept photocopies of credit cards – You must do an Imprint – If you have a chargeback, you need to send in an imprint. This is a new requirement because the card brands say that customers are …

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