Leaders Merchant Services

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Truncation Laws

Filed under: credit card processing, credit card service provider, merchant account company, merchant account provider. — leadermerchant at 2:40 am on Wednesday, May 21, 2008
Leaders Merchant Services, merchant account company and credit card service provider, encourages its merchants to learn the Visa and MasterCard Association rules and regulations, as well as their state legislation rules and regulations as it pertains to their merchant accounts. All merchants must follow the compliance guidelines in relation to credit card transaction receipts. The card Associations, as well as legislation in some states, require that the credit card number be masked so that only the last four digits appear on the receipt provided to the customer. This is known as “PAN Truncation.” Legislation in some states also requires the expiration date on the customer’s receipt to be masked. In addition, legislation in some states requires that the merchant’s copy of the receipt also follow masking requirements of the credit card number and/or the expiration date. It is the merchant’s responsibility to contact their state legislature to find out if the additional truncation laws apply in their state. Distinguished merchant account provider, Leaders Merchant Services, offers swift and safe credit card processing and reminds all merchants to practice security for the state legislature, the merchants, and their customers on all credit card transactions.
Disclaimer: This blog or article is for information purpose only, and should not be treated a professional advise or price protection guarantee. This blog is mainly used for search engine optimization and other commercial purposes and it is advised that readers seek professional consultation in the field of interest for more information.

Leaders Merchant Services offers Cash Advances

Filed under: credit card processing, internet merchant accounts, merchant account company, merchant account provider. — leadermerchant at 6:56 am on Tuesday, March 11, 2008
Leaders Merchant Services is a California-based merchant account provider company which specializes in debit and credit card processing for businesses of all sizes all over the U.S. as well as internet merchant accounts. Leaders Merchant Services, LLC, a merchant account company and registered ISO/MSP of Wells Fargo Bank, N.A., located in Camarillo, CA, has recently partnered with Business Financial Services (BFS) to provide cash advances to its merchants. Sarah Tieman, Director of Operations, describes this program as a “win-win” situation “for both our merchants and our agents. The merchants are receiving the funds necessary to grow their business as they desire, and the agents have an additional source of income from referring these advances. Agents have a great tool to get in the merchants’ doors as well as retain existing merchants. BFS collects the documentation while our agents pursue their next new merchant, putting more money in our agents’ pockets, faster.”
Disclaimer: This blog or article is for information purpose only, and should not be treated a professional advise or price protection guarantee. This blog is mainly used for search engine optimization and other commercial purposes and it is advised that readers seek professional consultation in the field of interest for more information.