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The Official Merchant Services Blog

Get the latest merchant services news, strategies, and announcements on the Official Merchant Services Blog.

Qatar Bans Crypto Trading

On December 26, 2019, the Qatar Financial Centre Regulatory Authority (QFCRA) announced via a press release posted to Twitter that virtual asset services were no longer allowed in ...

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Retail Sales Have Plummeted In Hong Kong

Since March 2019, pro-democracy activists in Hong Kong have been staging massive rallies that often turn violent and destructive. Clashes between protesters and riot control police...

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Planned Fee Schedule Limits Access to Free ATM Cash Withdrawals in the UK

For many British consumers, using the ATM at their local convenience stores, which are colloquially known as corner shops, is the best way to access bank funds for free. The tradit...

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Hackers Steal Credit Card Data at Major Seafood Restaurant Chain

Individuals who have wined and dined at theme restaurants such as the Bubba Gump Shrimp Company and the Rainforest Cafe at least once since 2016 may want to review their credit and...

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What Is Synthetic Identity Fraud?

It feels like a never-ending race and a battle to one-up one another: the battle against fraudsters. While the equipment we have to detect and prevent these fraudsters has been imp...

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The Sand Dollar is a New Caribbean Digital Currency

Of all regions in the world, the Caribbean may seem one of the least likely to officially adopt digital currencies, but that is exactly what has been taking place this year. In Oct...

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Chinese Hackers Were Successfully Able to Bypass 2FA

On December 19, the cyber security firm Fox-IT, which is headquartered in the Netherlands, reported that they discovered a previously-unknown infiltration of managed service provid...

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Plenty of Cheer During the 2019 U.S. Holiday Shopping Season

The numbers are in for the 2019 holiday shopping season, the final one of the decade, and retailers were pleased to learn that overall sales increased by nearly 3.5% compared to la...

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Facebook Users’ Phone Numbers Exposed Online

Earlier this month, a huge database containing Facebook user IDs and phone numbers of 267 million members was breached and exposed, where it was then left on the web for almost two...

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