NEWS

Press releases, articles, and announcements


2017

Credit Card Skimming: An Overview

There are many different ways to skim a payment card. Theft of cardholder information can occur internally, either through an employees’ lack of security awareness or even malicious intent, or externally through malicious software programs or hardware, such as an unauthorized attachment to an ATM machine. ATMs are frequent targets, but so are credit card terminals.

Credit Card Breaches Are Still a Reality

Over the past few weeks, several nationwide companies like K-Mart, GameStop, Brooks Brothers, and Chipotle Mexican Grill were allegedly the victims of data breaches which could have exposed thousands of consumers’ payment card data. As with a number of credit card breaches, these breaches were caused by malware, short for malicious software, designed to capture or access the sensitive cardholder information.

Attention AMG Merchants: Mandatory Updates to Credit Card Terminals

Please be advised that an urgent update has been released for your credit card terminal. This update must be downloaded onto your terminal by June 1, 2017 or you could be subject to compliance fines imposed by MasterCard.

Protecting your Business Against Ransomware

The past month brought an increased interest in ransomware, a malicious program that targets vulnerable computers and networks, encrypts their data, and then demands an anonymous payment to unlock access to the infected computer. The ransomware program WannaCry has recently brought worldwide computer networks to a screeching halt, networks which include hospitals and government organizations. It also affected businesses. If your business runs on a non-updated computer or unsupported software, you may be considered vulnerable to WannaCry and other ransomware, not to mention viruses and data breaches.

AMG voted as Bucks Happening List’s Best Merchant Services Company for 2017

We are very excited to announce that we have been voted the Happening’s List Best Merchant Services Company in Bucks County for 2017!

AMG President Kevin Wiener elected to Lower Bucks County Chamber of Commerce’s Board of Directors

On March 14, 2017, AMG President Kevin Wiener was elected to the Lower Bucks County Chamber of Commerce (LBCCC)’s Board of Directors.

Card-not-present Fraud: The Basics

For over twenty years, merchants have been selling their products online, starting with small items like books and gifts. E-commerce was considered a niche market. Today, however, 69% of Americans shop online at least once per month, and e-commerce sales are expected to reach $400 billion by the end of 2017. E-commerce transactions can be easier, more convenient, and priced more competitively than their brick-and-mortar counterparts. While this boom has ushered in a new era of commerce, it has also brought about an increase in a unique type of scam that was previously limited only to mail order and telephone order merchants: card-not-present fraud. 

2016

Advanced Merchant Group supports Bucks County Special Needs 22nd Annual Golf Outing

Advanced Merchant Group (AMG), a leading merchant services and credit card processing company based out of Bucks County, Pennsylvania, is pleased to announce our support for the 22nd Annual Bucks County Special Needs Golf Outing.

Seven Ways to Lower Your Monthly Processing Costs

The holiday season is almost upon us, and a lot of our merchants will be processing more transactions and higher volume. One of the easiest ways to reduce processing expenses is to process your business’ transactions correctly. Here are a few small steps that could save your business big this holiday season…

Every Merchant needs to be PCI Compliant — Even You

Being able to accept credit card payments is very enticing to merchants, whether it’s a local corner store business or a nationwide big-box retailer. By accepting electronic payments, however, a retailer is also taking responsibility for the protection of sensitive cardholder information. While protecting credit card information may sound intimidating, there is a systematic approach in place for merchants to increase their security: the Payment Card Industry Data Security Standard, or PCI DSS for short.

An Introduction to Chargebacks, Part II: Fighting a Chargeback

Even businesses with the most proactive security policies in place can fall prey to chargebacks, especially e-commerce merchants. A strong documentation policy, proper display of terms and conditions, and impeccable customer service can limit most chargebacks – but not all. While the burden of proof lies upon the merchant in most cases, it is not impossible to win a dispute. There are some methods that may lessen the frequency of a chargeback occurring and minimize time spent handling those that do occur.

An Introduction to Chargebacks, Part I: Chargebacks and How to Prevent Them

In the ever-growing and ever-changing credit card processing industry, keeping merchants up-to-date about business security and fraud is a major priority. As explained in our previous security articles, cyber criminals and data thieves cost businesses millions each year. But there is another threat to your business that is discussed less frequently, yet is as damaging as any data breach: the chargeback.

AMG President Kevin Wiener receives LBCCC’s SITAWE award

Kevin Wiener, president of Advanced Merchant Group in Feasterville, PA, received the Lower Bucks County Chamber of Commerce’s (LBCCC) prestigious SITAWE award. The award ceremony was held on Thursday, June 9, 2016, at the Pen Ryn Estate from 7:30 a.m. to 9:30 a.m.

Three Ways to Improve your Business’ Security

With the 2016 summer season rapidly approaching, it’s crucial to ensure your business is secure. We’ve put together a simple guide to help you put more secure processes in place and safeguard sensitive information.

Advanced Merchant Group voted as Bucks Happening List’s Best Merchant Services Company for 2016

We are very excited to announce that we have been voted as the Bucks Happening List as Bucks County’s Best Merchant Services Companies for 2016!

The True Cost of a “Free” Credit Card Terminal

As a merchant, you’re often inundated with phone calls from solicitors offering you “great” deals on your monthly processing costs, “guaranteed” low rates, and of course, the “free” credit card terminal. While these offers certainly sound appealing, there are two major issues to watch out for before you agree to any offer regarding your merchant services.

Don’t Get Slammed: Safeguarding your Merchant Account

Several of our merchants have contacted us recently with questions or concerns regarding phone calls, letters, or visits from individuals or automated messages purporting to be representatives of “your merchant services company” and/or Visa/MasterCard. While they may not state they work for Advanced Merchant Group, these companies do not dissuade you from thinking that they are representatives of our company.

2015

Daylight Saving Time’s Effect on Credit Card Terminals

On November 1, 2015, Daylight Saving Time (DST) will end. In locations where DST is observed, the clocks will move back one hour at 2:00 AM. This may affect your credit card terminal, especially if your terminal relies on auto-close.

Five Things To Know about EMV As A Small Business Owner (external)

Our article at our partner Royal Bank America’s blog detailing five crucial things every small business owner should know about EMV.

BCCT: The 2015 Liability Shift and EMV Implementation (external)

Our article on the 2015 EMV liability shift that appeared on the Bucks County Courier Times.

PCI 3.0: What it Means for You

An overview of the June 2015 PCI 3.0 update.

EMV FAQ: Your Questions Answered

Everything you need to know about the upcoming EMV liability shift, why it’s being implemented, and how it’s going to affect your business.

2015 Outlook for Data Breaches, Identity Theft, and Credit Card Fraud

While 2014 may have been called “The Year of the Hack” by CNNMoney, the same security risks and opportunities for data theft and fraud are expected to remain throughout 2015. The recent cyber attack against Anthem, a major nationwide insurance company, is testament alone to the high value — and high cost — of information theft.

The 2015 Liability Shift and EMV Implementation

EMV stands for Europay, MasterCard, and Visa and is the international standard for authenticating debit and credit card transactions. EMV is the microchip in specific credit cards that sends transaction data to a credit card processor. These transactions require either a PIN (Personal Identification Number) or a receipt signature. These credit cards utilize what is known as “chip and PIN technology.”

2014

Merchant Security and Protecting Cardholder Information: How to Remain Safe and Secure as a Merchant this Holiday Season

The holiday shopping season is just around the corner and merchant security is incredibly important. With the recent local and national data breaches fresh in our minds, it’s important to take the proper steps and precautions to ensure you don’t become a victim.

Advanced Merchant Group Sponsors Andrew Farrell Foundation Spirit of Courage Fund 8th Annual Golf Outing

MT. LAUREL, Nj. – Advanced Merchant Group sponsored the Andrew Farrell Foundation Spirit of Courage Fund’s 8th Annual Golf Outing at the Ramblewood Country Club on October 11, 2014 from 1:30 p.m. to 7 p.m.

Advanced Merchant Group sponsors 2nd Annual Wiffle Fall Classic

EAST NORRITON, Pa. – Advanced Merchant Group was one of the sponsors for the 2nd Annual Wiffle Fall Classic on Saturday, September 27, 2014. Teams from across the area faced off against each other at the East Norriton Township softball field in the tournament.

Be Mindful of Pennsylvania Scams, Identity Theft, and Data Breaches

Pennsylvania has been hit hard in the past month from various personal information thefts, data breaches, and ATM skimming. These various crimes all have one thing in common: using your personal information against you.

Pre-2014

Advanced Merchant Group Ranks No. 1929 on the 2011 Inc. 500|5000 with Three-Year Sales Growth of 133%

NEW YORK, August 23, 2011 — Inc. magazine today ranked Advanced Merchant Group  NO. 1929 on its fifth annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Online retailer ideeli tops this year’s list. Advanced Merchant Group joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts and Metrokane, makers of the Rabbit corkscrew, among other prominent brands featured on this year’s list.

AMG SecurePay™ Chosen Again for Extreme Home Makeover

While Elite Homes, Inc. prepared to build a house for the Lampe family of Fairdale, Kentucky for ABC’s Emmy award-winning show, Extreme Makeover: Home Edition – AMG SecurePay was honored, once again, to be asked to provide the payment gateway services for this endeavor.

Federal Reserve Issues Final Rule on Durbin Amendment

The Federal Reserve Board on Wednesday issued a final rule establishing standards for debit card interchange fees and prohibiting network exclusivity arrangements and routing restrictions. This rule, Regulation II (Debit Card Interchange Fees and Routing), is required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

External Publications and Articles

Outlook Magazine – January 2016

Advanced Merchant Group appeared on the cover of the January 2016 edition of the  Lower Bucks County Chamber of Commerce’s Outlook Magazine.

Bucks County Courier Times – The 2015 Liability Shift and EMV Implementation

Our article on the 2015 EMV liability shift that appeared on the Bucks County Courier Times.

Outlook Magazine – January 2015

Advanced Merchant Group appeared on the cover of the January 2015 edition of the  Lower Bucks County Chamber of Commerce’s Outlook Magazine.

Outlook Magazine – November 2011

Advanced Merchant Group appeared on the cover of the November 2011 edition of the  Lower Bucks County Chamber of Commerce’s Outlook Magazine.

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