BCMS News Bulletin :: updated November 30, 2010
:: EFFECTIVE IMMEDIATELY
Merchants are permitted to establish a minimum dollar value for accepting credit cards. The minimum may not exceed $10 and applies to credit cards only, not PIN or signature (non-PIN) debit or prepaid cards.
:: NEW CELLULAR MACHINE FOR CUSTOMER USE
Now that we finally have some fantastic weather and many events are taking place, I wanted to let you know we have a cellular machine you can rent for your offsite or special event processing. Anyone wishing to use it is welcome, just give us a call and we’ll bring it over and show you how it works.
:: PCI COMPLIANCE
Several Customers have recently let me know they have had calls from processing companies telling them they need to have a PCI review or that they are not in compliance. Let me assure you, everyone has successfully passed the test and everyone is registered with the processor’s PCI DSS testing company. As the renewal dates for the tests come up we are going back in and updating the test certificate, as always we will provide you with the updated certificate as they are renewed.
:: INTERCHANGE RATE INCREASES
The Interchange is made up of all the banks that issue credit cards. Twice every year they make adjustments to various card types. For those Customers on a tiered program (Qualified/ Mid and Non-Qualified) you may see a change to your costs. Any time you would like us to check your program, please fax us your statement. We will adjust your rates back down to our current selling price.
:: RATE GUARANTEE
BCMS has a rate guarantee. Any legitimate offer will be matched.
Happy Fall J
Cindy Kaufmann Don Walters Kent Richards
406-465-9701 406-949-0282 406-465-0893