POS Compatibility Changes – POS End of Life Fees Increasing

As previously communicated, the hardware expiration for Pinnacle, Triple E and Gasboy Point of Sale (POS) systems went into effect on September 1, 2023. Since that time, locations operating on expired hardware have been subject to a monthly POS End of Life Fee. At the end of March 2024, the POS End of Life Fee […]

Red Flags for Fraud

Fraud is an ever-present threat for c-stores and other businesses. To protect your business and community, it is crucial that employees are trained to be on the lookout for potentially fraudulent activity.

Pre-Authorization Holds

From time to time, a customer might contact you and report that you overcharged or double charged them for a purchase. While this can happen, the extra charges might actually be the result of a pre-authorization hold placed by the customer’s card issuing bank. These holds can sometimes remain on a customer’s account for several […]

Cenex Gift Card Acceptance Update

Over the past few years, CHS Payment Solutions has taken many measures to improve the security of Cenex® gift cards to reduce fraudulent attacks and protect our merchants and consumers. As you know, four-digit CVVs (card validation values) were added to the back of all gift cards for increased protection.

Payment Card Interchange Fee Settlement

The Payment Card Settlement is a historic $5.54 billion antitrust class-action settlement that will provide some relief for millions of U.S. merchants after years of paying allegedly inflated Visa and Mastercard interchange fees.

Chargeback Dispute Update

Merchants can easily fall behind on chargeback management if books are not routinely monitored. Checking Merchant Services Online (MSOA) daily can help ensure chargebacks are being managed in a consistent manner and dispute timeframes are not missed.

Don’t Forget to Print Your 1099K

The new year is upon us, and now is a good time for general managers, controllers and bookkeepers to double check all location tax information. This information can be found by logging into Merchant Services Online Access (MSOA).

Credit Card Rate Adjustment

At the end of November, CHS Payment Solutions mailed out notices announcing a credit card rate adjustment that will be effective January 1, 2024. CHS has not increased rates for the past three years, despite several card brands increasing their rates. As a result of this continuing upward trend, CHS will make a slight adjustment […]

Version 4.0 of PCI DSS is Coming Soon to VikingCloud

Maintaining Payment Card Industry Data Security Standard (PCI DSS) compliance is mandatory for any business that accepts credit and debit cards. PCI DSS is a set of technical and operational requirements set by the PCI Security Standards Council (PCI SSC) to protect payment card data.