QR Codes

Will QR Codes and smartphones change the credit card processing industry? A sea change is definitely on the horizon, and as the number of smart phones in circulation grows, we will see the use of mobile wallets replace hard plastic...if a merchant isn't accepting QR codes for some type of benefit at this point, you are behind the curve...

Continued problems with merchants not understanding there is a cost called interchange; when I put a merchant on interchange 'plus' they still get frustrated and still have a hard time understanding rate structures; ...they want a rate..they do understand that rewards cost more in general to process than other type cards.