All articles by Scott Burke

  1. Understanding Credit Card Transaction Fees: by Scott Burke

    Q: I'm starting a new business and want to accept credit cards. It seems that all the credit card processors charge a lot of fees for each transaction. What are these fees?

  2. Curious Employee Foils Corporate Credit Card Fraud Scam by Scott Burke

    MOLLY, THE ASSISTANT, Molly treasurer at XYZ Corp. in Miami, opened an e-mail from a former colleague who no longer worked for the organization. The e-mail read: "Hi Molly, there should be a refund of $716 on my old corporate Visa card from the IP Conference. I paid for, but did not attend, the conference and did not turn in the charge to XYZ for reimbursement. Can you have Visa issue a refund check to me?

  3. Accepting Credit Cards - Positives vs. Negatives by Scott Burke

    Today there are hundreds of thousands of small & medium size businesses in this country that take orders via credit cards. In addition, every day in this country, there are hundreds of companies entering the world of e-commerce. They come from many industries including retail, internet, mail order, home based businesses, B2B, professional services, wholesale and mobile businesses. In many cases they are "taking the plunge" to accept credit and debit cards for the first time. Some