AI Overview  Summary This article, written by Allen Kopelman of Nationwide Payment Systems, uses satire to highlight “10 stupid ways to lose a sale” in the competitive payment processing industry. Based on a challenge from four MLSs (Merchant Level Salespeople), the piece ironically details poor sales practices. These include selling only on price (not product […]

AI Overview  Summary This article provides a merchant’s essential guide to common credit card Error Codes, explaining that these confusing messages are actually vital instructions from the cardholder’s bank. Understanding the codes helps merchants avoid lost sales and chargebacks by responding appropriately—for example, knowing that “05 – Do Not Honor” requires the customer to contact […]