Heads up: Netco will be closed Monday 5/26 for Memorial Day (along with all banks). Plan accordingly for payment processing! Our team's taking a breather to spend time with loved ones. We’ll be back Tuesday to keep your transactions running smooth✨
Now at Netco: the Valor VP550C! Fast, secure, and packed with features like real-time inventory and dual pricing. Upgrade your checkout experience today! #POS #ValorVP550C
The Credit Card Competition Act would require big banks to offer at least two payment networks on credit cards-not just Visa or Mastercard, which currently handle ~75% of U.S. transactions. Could this end the duopoly and lower fees? Thoughts? #CCCA #Payments
75% of retailers lost business due to long wait times for payment, Netco solves this issue with rapid payment solutions! Our systems can handle thousands of transactions per second, powering commerce when and where it's needed. #PaymentProcessing #BusinessGrowth
Since April 5, the U.S. has collected over $500 million in new import tariffs, with rates now at their highest since 1909. Businesses are feeling the impact—costs are up, and global supply chains are shifting. Stay tuned as trade policy keeps evolving. #Tariffs #TradePolicy…
Cash isn't going away! Despite digital growth, new legislation is banning "cashless retail" in many states. Ensure your business is compliant by maintaining cash payment options alongside digital. We offer complete payment processing solutions for ALL methods. #Business #Payments
📊 PAYMENT TRENDS: Cash now accounts for only 15% of global in-store spend, down from 44% a decade ago. Digital payments have surged to 38%! Is your business ready for this shift? Let Netco help modernize your payment systems. #PaymentProcessing #DigitalPayments
CFPB drops lawsuit against Capital One, suggesting the CFPB may be less strict in protecting consumers in the future. What does this mean for fintech regulation? #Fintech #CFPB #CapitalOne
Tap & go with NFC: 10x faster checkouts, encrypted security, and contactless convenience. Customers skip wallets, businesses see happier clients and higher sales. Hygienic and future-ready payments! #NFCPayments #Contactless #finance
CFPB faces major changes! Former Director fired, Treasury Sec. Bessent steps in as Acting Director with a stop order freezing rulemaking, litigation & enforcement. Overdraft fee cap paused, credit card & SMB rules on hold. Watch for Trump's nominee & further updates. #CFPB
Did you know? The first digit of a credit card reveals its industry: 4 means Visa, 5 is Mastercard. Fascinating, right? 💳 #PaymentProcessing #CreditCard
Trump signs "Strengthening American Leadership in Digital Financial Technology" EO. Aims to make US global crypto leader, bans CBDCs, promotes stablecoins, ensures banking access, and revokes previous digital asset policies. US hopes to become "crypto capital of the world."
Did you know? Credit card numbers follow a specific pattern called the Luhn algorithm, which helps detect errors or typos. This simple checksum ensures numbers are valid by verifying the last digit based on the rest. 🧮💳 #TechFacts #LuhnAlgorithm
Illinois Interchange Fee Prohibition Act update: Federal court blocks enforcement for national banks & federal savings associations. Law set for July 2025 still faces legal challenges. Other financial institutions not covered by injunction. #IFPA #BankingLaw
🚀 This past weekend, Trump & Melania launched meme coins $TRUMP hit $14B market cap while $MELANIA hit $5B Thoughts on politicians launching coins? #TrumpCoin #MelaniaCoin #CryptoNews
2025 Payment Industry Outlook: - $100B+ revenue from payment services - Challenges: fee pressure, regulations, competition - Strategies: co-branded partnerships, enhanced security, value-added services - Tech focus: AI for fraud detection, real-time payments #FinTech #2025
2024 Payment Processing Wrapped: 🔥 $10+ trillion: Total card transaction volume in US 🚀 18.22% CAGR: Payment gateway market growth 📱 60%: In-app digital payment adoption 💸 Top payment method: Credit cards at $5.6 trillion #PaymentProcessing2024 #FinTech
❄️ Don't let winter power outages freeze your business! Stay powered up with our wireless terminal options: 🔹 Clover Flex 🔹 Valor VP500 🔹 Dejavoo QD2 Visit our website to learn more!⚡️ #WinterReady #BusinessContinuity
Dual pricing and surcharge programs offer a smart way to manage transaction costs and cater to customer preferences. Here's how they differ: 🔄 Dual Pricing: Offer different prices based on payment methods. Cash payments can mean lower prices, while card payments cover…
🚨 Big News for Merchants & Consumers! 🚨 The Credit Card Competition Act (CCCA) could shake up the Visa-Mastercard duopoly, requiring big banks to offer more network options. This means lower swipe fees, $15B+ in savings, & relief for small businesses. What do you think? 🤔…
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