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Or dial in to recorded line as shown at right of screen, File 23.
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THURSDAY NIGHT, 6-9-15, 6PM Meet/Eat, 7PM START!
Denny's. 132 N. Grand Avenue. West Covina, CA 91791
Meribel Torres, Mike & Barb Lammons
FRIDAY NIGHT, 6-10-15, 5PM Meet/Eat, 6PM START!! 8pm END
Denny's. 333 S. Abbott Avenue. Milpitas, CA 95035
Chan Krohn, Robinson Mangoang, Mike & Barb Lammons
Come. BRING INTERESTED PEOPLE! Watch Inbox for flyers.
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FROM THE 'EDUCATE YOURSELF ON WHY DWP IS A GREAT BIZ' FILE:
THE PAYMENTS INDUSTRY EXPLAINED
- May 15, 2015, 5:01 PM
The ecosystem for credit- and debit-card processing involves a complicated set of players interacting to process every transaction. Five types of players are involved: acquirers/processors, issuers, card networks, gateway providers, and independent sales organizations (ISOs). That's us!
To process a typical transaction, three steps must occur: authorizing, batching, and funding. Each participant in this process takes a fee off of the total volume of a transaction. The remainder is deposited in a merchant's account.
Three trends will shape the payment-card-processing ecosystem from 2015 onward: the EMV security migration, rapid development of new payment technologies, and the massive card-fraud problem in the US.
The mobile point-of-sale (mPOS) is going to have a massive impact on the payments-hardware and payments-software industry. By 2019, we forecast that nearly 80% of US retailers will have implemented a mPOS device.****************
Pinned your retirement to the stock market?
U.S. stocks fell Monday, weighed down by a tumble in oil prices as well as Greek voters’ rejection of creditors’ conditions for further financial aid.
The Dow Jones Industrial Average declined 46.53 points, or 0.3%, to end at 17683.58. Stocks spent midday trading around the flat line after earlier being down by as much as 166 points.The S&P 500 dropped 8.02 points, or 0.4%, to 2068.76 and the Nasdaq Composite Index lost 17.27 points, or 0.3%, at 4991.94.
Better idea --Pin it to DWP!:
CARPINTERIA, Calif.--(BUSINESS WIRE)--General purpose and private label credit, debit, and prepaid cards generated $5.165 trillion in payments for goods and services in 2014. Processing fees, including interchange paid by U.S. merchants to handle that business, were $78.09 billion, up from $72.44 billion in 2013 when fees were $4.768 trillion, according to the annual report on U.S. merchant processing fees published by The Nilson Report, the top trade newsletter covering the card and mobile payment industries.
Source: http://www.businesswire.com/news/home/20150624005977/en/Nilson-Report-U.S.-Merchant-Card-Fees-2014#.VZsDdFJrVD0“Fees merchants pay to process card payments rise annually because Americans use their credit, debit, and prepaid cards more each year”
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