Note: We are not attorneys or accountants. The following information is purely meant to be informative, subject to change, and we invite you to contact us with any questions. Thank you. Chargebacks Chargebacks are a dispute between a cardholder and your company for services rendered or sold. Oftentimes, chargeback defense starts with whether the Continue reading
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Press Release: COVID-19 Update 03.20.20
To Our Clients and Business Partners; These are strange times for sure. We are all in the same boat as independent business owners, but with our fates tied to each other through the franchise brands and the direction of the government. FPN and our sister company POLN8 are no different. As independently owned companies who service the franchise industry, Continue reading
Interchange Rate Updates
As a merchant, you’re probably familiar with interchange rates and how they affect your business. A customer pays with a credit card at the POS, you generate a profit, and then the credit bank issues a fee for financing that particular transaction. Circling back to 1990’s, the credit card process remains unchanged using instant authorization Continue reading
Payment Technologies & Data Security
As we upgrade platforms and adjust algorithms to suit the needs of our customers, we always keep in mind the role new payment technologies play in data security. Questions we always hear from our merchants include, “How can hackers access my customer’s information if I have the latest version of software installed in my devise?” Continue reading
NFC: why it just might be the safest way to pay
Tech giants and big businesses are moving towards incorporating NFC-based technologies to simplify the life of the consumer. Just recently, Apple launched a new digital credit card “designed to work with any other credit or debit card stored in the Wallet app for use with Apple Pay.” For users, it’s as simple as holding your Continue reading
Entrepreneur Magazine Q & A
Tom Epstein knows a thing or two about franchising success. After all, he’s a franchisee himself and owns a company that works with hundreds of franchise brands to help them manage payments. Epstein founded Franchise Payments Network in 2006. Headquartered in Orlando, Fla., the 30-person team at FPN handles payment processing as well as gift Continue reading
Results Speak More Than Size
FPN ranked TOP FRANCHISE SUPPLIER in Entrepreneur Magazine two years in a row! Why we’re grateful for our ranking… Think about this for a moment… FPN out-ranked companies like World Pay, Square, First Data, Bank of America, Wells Fargo, and Paypal. World Pay is a $2.7 Billion company with 10,000 employees First Data is a Continue reading
New Chip on the Old Card: October Deadline Looming for EMV Payment Readers
As you go about your day-to-day routine, you may have noticed some new ways to pay; and if you received a new debit or credit card recently, you also may have noticed the new chip embedded in it. Grocery stores, coffee shops, pharmacies, and large national chains all seem to be installing new customer-facing devices to enter Continue reading