BluePay Blog

The global impact of fraud is enormous, with merchants and banks losing over $21 billion annually.  That’s just from debit and credit card abuse.  You also have to factor in malware, data breaches and identity theft — all of which take a huge financial toll on society:  In 2017, the U.S. reported 16.7 million victims of identity theft (resulting in $17 billion in losses).  According to the Center for Strategic and International Studies (CSIS) and McAfee, cybercrime is a $445 billion industry worldwide. 

Topics: Small Business Tips, PCI Compliance and Fraud Prevention, EMV

With the Tax Reform Act set to kick in, there are many things small business owners need to consider in 2019 that may impact their financial position and tax basis. As you get ready to file 2018 taxes, let’s look at the changes coming up next year that could influence the decisions you make for your small business. 

Topics: Small Business Tips, Due.com Partner Posts

Every organization that captures, processes, stores, transmits, or affects credit card data is expected to comply with the security guidelines established by the Payment Card Industry (PCI).  These data security rules apply to multinationals, small shops and nonprofits alike. Failure to become PCI-compliant can lead to hefty fines for that organization.  Equally important, these guidelines continue to evolve over time as criminals develop newer and smarter data breaching techniques.

Topics: PCI Compliance and Fraud Prevention, E-Commerce and Online Payments, EMV, Software and Payment Integration

When someone would say how hard another individual worked, it was thought to be admirable or impressive. However, the U.S. has now become known as a country of overworked people, and that’s not necessarily a good thing. The U.S. is one of the few countries with no designated weekly maximum limit on the number of hours an individual should work.

Topics: Small Business Tips, Due.com Partner Posts

The United States leads the world in credit card fraud — by a huge margin. It represents roughly five percent of the global population and 27 percent of all credit and debit card volume.  However, the U.S. accounts for nearly half of all card-based fraud. It’s hard to truly appreciate the sheer scope of this problem, but by 2020 experts predict out-of-pocket losses for stateside merchants could approach $12 billion annually. 

Topics: PCI Compliance and Fraud Prevention, EMV

Many small business owners are so eager to launch that they invest little time in their point-of-sale (POS) technology. As long as their system can accept credit card payments, they’re satisfied.  Although all POS technologies perform the same basic function, each platform offers slightly different bells and whistles. It’s important you find a solution that meets your business’s needs — both today and for many years to come.

Topics: Getting Started with Payments, Small Business Tips, Software and Payment Integration, Mobile Payments, EMV, Payment Technology

The festive cheer of the holiday season in the workplace has passed. The tinsel is packed at the office, the stale leftovers from the holiday party have been removed from the fridge.  As happy as your employees were just a few days or the week before, they now have a bad case of the blues, and the whole morale of the group seems to have vanished along with the holiday tunes on the radio. Not to mention, their usual productivity rates are low and there's just no oomph behind everyday workflow.

Topics: Fun Posts, Small Business Tips

Every year, millions of Canadians wake bright and early on December 26th and brave the potentially bone-chilling weather to reach their local shopping mall or big box store. Why? Because it’s Boxing Day — a British tradition co-opted by its former colony and now a statutory holiday that sees retailers offering rock-bottom prices and consumers willing to spend big.

Topics: Small Business Tips, E-Commerce and Online Payments

The stretch from Black Friday to Christmas is one of the busiest shopping periods of the year. Although the official “holiday season” is only one month long, it accounts for roughly 30 percent of annual retail sales.  Whether you run a brick-and-mortar store or an e-commerce site, the 30 days after Thanksgiving is when you should be pulling out all the stops.  Though, even if you’re a non-retailer for whom the holidays is the slowest period of the year, you can still use this time to improve your business in creative ways.

Topics: Small Business Tips

New Year’s resolutions are usually reserved for personal goals — from losing weight to saving money.  But it’s also possible to apply these “betterment” principles to the business world. Every organization has room for improvement. Making your operations more productive, cost-effective and enjoyable can help you generate higher profits.

Topics: Small Business Tips, PCI Compliance and Fraud Prevention