Why is credit card surcharge an issue for businesses?

The credit card surcharge issue has always been a tricky one in the US. Back in 2005, this issue was the subject of an antitrust lawsuit, and the resultant judgment, which came in mid-2012 prohibited credit card surcharge in ten States. Another 12 States are in the process of implementing their laws.

Although credit card regulations have traditionally opposed surcharging; companies have been circumventing merchant rules to ensure that credit card surcharge continues to be made. Even as State laws will continue to override networks merchant rules; companies have been looking out for ways to skirt the laws.

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The credit card surcharging issue in the US

Why is credit card surcharge an issue for businesses? It is because the credit card surcharge is the last link in the payment chain and causes a business that makes use of this facility to incur expenses. In simple terms, this is the checkout fee that gets added to every consumer’s shopping bill whenever a credit card is used to make payments for the purchases made at the business. Businesses are not willing to bear this expense and like to pass it on to the consumer.

The court judgment of 2012 permitted charging of credit card surcharge for certain card transactions from January 2013. As a result, there has been a change in not only merchant processing transactions but also of credit card usage. The settlement makes it mandatory for businesses that levy the credit card surcharge to follow requirements relating to consumer disclosure and to set limits on the amounts for which the surcharge is collected.

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They should also notify Visa and their acquirer of their decision to charge credit card surcharge a month before they begin to levy the surcharge. These rules vary from State to State, and the business is free to choose which brands of its outlet it wants to keep the credit card surcharge.

Clear the confusions about the issue

A more detailed and clear understanding of this topic will be offered at a webinar that is being organized by Compliance4All, a leading provider of professional trainings for all the areas of regulatory compliance. Ray Graber, a highly experienced professional in the payment industry, who brings deep and profound understanding of the way banking and finance converge with technology, will be the speaker at this webinar.

Please register for this webinar by visiting What are the Stipulations for Compliance

Clarifying the important issues relating to credit card surcharging

Ray Graber will offer clarity on the changes in the rules and will explain who benefits from the changes, and how these changes are going to affect the retailers and customers. He will explain the perils of an uninformed reaction to surcharging by end-user organizations. He will show why it is important to first look at the big picture of credit card surcharging, since end-users should also educate suppliers about the economics of card acceptance, pointing out the savings possible and other benefits. Suppliers should not be adding a surcharge when they are reaping the rewards. Ray will explain how they might overlook the benefits of card acceptance, as well as the cost of other payment methods like checks and cash.

Being of high value and importance to every level of employee who works in the credit card industry, such as financial officers, small business owners, corporate risk officers, internal auditors, operational risk managers, credit card program administrators, CPA’s and attorneys and legal staff; this session will cover the following areas:

  • What changed in the rules?
  • Why did it change?
  • What rules apply to surcharge?
  • Survey results
  • Who may benefit?
  • Will this change anything?

Uniform Customs and Practice standard and can be negotiated by over 30,000 banks worldwide

Letters of Credit are the primary instruments for assuring payment of goods sold internationally. This web session is designed to provide attendees with an end-to-end understanding of the L/C (letter of credit) process. From the beginning of a contractual agreement, through the letter of credit application process and actual negotiation of the L/C, this information-rich webinar will provide techniques that are indispensable to both importers and exporters.

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Why should you attend your staff should understand Letters of Credit. Even in today’s free trade-oriented business environment, companies must exercise particular caution when agreeing on payment terms. With financing choices that include cash in advance, open terms, letters of credit (L/C), sight drafts and time drafts, both importers and exporters need to understand the true implications of their credit policies and practices. By login with this Letters of Credit for Importers you may know.

These Things of the areas will be covered by the speaker Douglas Cohen

  • Gain a Comprehensive Understanding of the Letter of Credit Process
  • Learn how to Negotiate the Terms of both Import and Export L/Cs
  • Be 100% aware of Letter of Credit Documentation requirements
  • Be Aware of all Expenses Associated with Using Letters of Credit
  • Learn how to Avoid Amendments and Discrepancies

Understand the role of banks and freight forwarders in the L/C process.

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  • Documentary Credits Defined
  • Letters of Credit for Exporters
  • Sight Drafts and Time Drafts
  • Documentation Requirements
  • Letters of Credit for Importers
  • The Letter of Credit Process
  • Amendments and Discrepancies

Those who are the experts benefited by this

  • Exporters
  • Logistics and Trade Professionals
  • International Sales Executives
  • Customs Brokers
  • Freight Forwarders
  • Airlines
  • Steamship Lines
  • International Banking Personnel
  • Professors and Students of Global Trade

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Douglas Cohen has been at the forefront of international trade and transactions. With positions in private law practice, US Department of Commerce, the European Union, IATA, and American Airlines, he has developed significant expertise in import-export operations and compliance, global transactions, international negotiations, intellectual property, and cross-cultural business communication. At present, Mr. Cohen is Senior Manager, Global Trade and Contracts at Worldwide Trade and Legal Associates (WWTL), where he provides legal and strategic advice to organizations seeking to enter or expand foreign markets.

In addition, he is the director of WWTL’s Global Trade Compliance Training division, where he offers comprehensive import-export training to private companies, universities, and pubic organizations.

Mr Cohen has been asked to teach university courses and corporate seminars on international business and law in the US, Europe, Asia, and the Middle East. He is the author of numerous publications on Internet law, international contract negotiations, intellectual property protection, and import-export operations and compliance.

How to deal with dynamic source data and the “refresh” concept

Microsoft Excel comes with a myriad of tools such as sorting, filtering, and subtotal to manage large lists of data. Yet, when it comes to analyzing all that data and doing it quickly, the MS Excel PivotTable is a very useful feature. It is particularly important and useful when the user is required to quickly create a compact summary report (based on lots of data) without needing to write complex formulas or rely on lengthy techniques.

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MS Excel PivotTable is very versatile. It is considered Excel’s best analytical tool because in addition to speed, it also comes with amazing flexibility and dynamism the data interrelationships that are being viewed can be changed. It is easier to put the PivotTable MS Excel features into practical use by actually getting down to work on it, rather than trying to pore through the instructions on the printed page, which is a visually-oriented feature based on displaying fields in different locations. It offers the ability to create a complete summary report with heaps of data in very little time without having to write complex formulas and rely on obscure techniques.

Learn about all the features and aspects of PivotTable from the MS expert

A complete learning on the numerous PivotTable capabilities and its many tools and features will be offered at a webinar that is being organized by Compliance4All, a leading provider of professional trainings for all the areas of regulatory compliance.

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Dennis Taylor, an Excel expert who has worked extensively with Microsoft products (especially spreadsheet programs) since the mid-1990’s and has taught hundreds of workshops and authored numerous works on this program; will be the speaker at this session. Just visit Excel PivotTables to register for this webinar and gain complete insights into the ways by which to put the full array of functionalities of MS Excel PivotTable.

Simplifying the use of PivotTable

The main objective that Dennis Taylor has for this webinar is to familiarize participants with the quickest and best ways to create PivotTables and Pivot Charts. These include the following capabilities:

  • How to compare two or more fields in a variety of layout styles
  • How to sort and filter results
  • How to perform ad-hoc grouping of information
  • How to use Slicers instead of filters to identify which field elements are displayed
  • How to drill down to see the details behind the summary
  • How to categorize date/time data in multiple levels
  • How to create a Pivot Chart that is in sync with a PivotTable
  • How to add calculated fields to perform additional analysis
  • How to hide/reveal detail/summary information with a simple click
  • How to create a PivotTable based on data from multiple worksheets.

He will cover these in detail. In addition, he will cover the following areas at this session on MS Excel PivotTable:

  • Pre-requisites for source data – preparing data so that it can be analyzed by PivotTables
  • Creating a PivotTable with a minimum number of steps, including the Recommended PivotTables option
  • Manipulating the appearance of a PivotTable via dragging and command techniques
  • Using Slicers to accentuate fields currently being shown (and which ones are not)
  • Using the new (in Excel 2013) Timeline feature
  • Creating ad hoc and date-based groupings within a PivotTable
  • Quickly create and manipulate a Pivot Chart to accompany a PivotTable

MS Excel users who are familiar with PivotTable concepts, but need expanded techniques to analyze lists of data are among the primary beneficiaries of this webinar, but anyone needing to know how to create PivotTables from multiple sources and use Slicers, Timelines, Calculated Fields, and Conditional Formatting will also benefit from this course.

Understanding and dealing with Automated Clearinghouses (ACH) frauds

Automated Clearinghouses (ACH) are a popular means of financial transactions, as they substitute actual physical paper documents such as cards and checks. ACH’s are an electronic network that facilitate and carry out a huge number of transactions online. In being online and quick; they have grown as a byproduct of the IT revolution and have gained popularity around the world for the ease of payments they cause.

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However, like all other technology-dependent systems; ACH’s bring their own disadvantages. Like all other modes of technological payment methods; ACH’s are prone to a variety of frauds. All that it takes to breach and impugn the systems is some smartness and knowledge of the ways in which they work within organizations or networks. Since ACH’s house almost all kinds of transactions; embezzlement into their systems can typically affect all kinds of payment methods and accounts, ranging from hacking and taking over entire individual accounts to penetration of accounts of business houses.

Companies that deal with ACH’s in one or another form –and there is no dearth of these –need to be constantly on their vigil if they have to prevent large-scale of small-scale swindling of their accounts. Their transactions need to be tightened and made as secure as possible if they have to prevent frauds.

Understanding of the ways by which ACH frauds can be prevented

The ways by which business houses can mitigate and prevent ACH fraud will be the learning a valuable webinar from Compliance4All, a leading provider of professional trainings for all the areas of regulatory compliance, will be imparting.

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At this webinar, Rayleen M Pirnie, founder and owner of RP Payments Risk Consulting Services, LLC, who is a nationally recognized payments risk and fraud expert who offers specialized consulting services, procedural and risk management reviews, and payments education, will be the speaker.

To gain important lessons into the ways of preventing ACH frauds; please enroll for this webinar by visiting (ACH) frauds

Explanation of the vulnerabilities and ways of handling them

Rayleen will discuss the many vulnerabilities that organizations that rely on ACH’s face. These could range from individual companies to government organizations and departments to NGO’s. Especially aimed at these kinds of organizations that deal with ACH payments for their daily transactions; this webinar will explain the best practices every organization should implement to detect and mitigate the threat of ACH fraud.

Rayleen will explain all the internal controls and processes and services that organizations of any size should discuss with their financial institution for reducing their exposure and risk. The threat of ACH fraud may be high, but much of the fraud can be averted and the potential losses mitigated if the organization knows what to look for and implement the right controls.

She will explain the various types of internal processes and controls that vary by industry and organization size. She will suggest a wide range of options and recommendations that the participants of this webinar can assess and implement based on their own internal protocols.

A bouquet of benefits from attending the webinar

These are some of the tangible benefits that the participants of this webinar will derive from this session:

  • Understanding the ways by which businesses lose thousands of dollars in seconds easily
  • Identifying sound business practices and easy to implement internal controls that are proven to reduce losses
  • Reviewing a few of the common solutions offered by financial institution to further minimize exposure

This session will be of high value to those who deal with ACH’s and other related professionals, such as AAP, CPA, Risk Managers, those in Management, and Investigators.

Rayleen will cover the following areas at this session:

  • Examples of how criminals use the ACH Network to steal from organizations
  • Restructuring and rearranging a Notebook
  • Sound business practices to minimize exposure
    • Variety of options including the dual benefits of dual control and enhanced internal approval processes
    • Enhanced internal controls
      • How criminals use an organizations technology to commit fraud
      • Securing internal payment instructions and approvals
      • Account reviews
  • Stronger account security options
    • Explore most common options including ACH positive pay, debit filters, debit blocks, credit only accounts, account alerts, etc.

Tips on how to save time on MS Excel

Microsoft Excel is a program that has a very high number of features. These features make this program very capable and versatile, since it is suited for a number of usages. If this is good news, the better news is that these features come with simple shortcuts and methods. These need to be explored, since they are not always visible to the casual user. If a user masters the use of these shortcuts, it will be of immense use, because it helps to save precious time, which can be put to more productive uses. There is no doubt that employees who know how to exploit the secrets of MS Excel are likely to be more productive.

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Want to join the gang of people who are proficient in their use of MS Excel through the innumerable shortcuts that come with the program? Then, enroll for a webinar that is being organized by Compliance4All, a leading provider of professional trainings for the areas of regulatory compliance.

The speaker at this webinar, Dennis Taylor, an Excel expert who has worked extensively with Microsoft products, especially spreadsheet programs, for over two decades, will explain the ways by which to optimize the use of MS Excel. All that you need to do to benefit from this expert on how to use shortcuts for MS excel is to enroll for this webinar by visiting Tricks and 100 Shortcuts

A huge number of shortcuts and tips

The purpose of this webinar is to help participants significantly enhance their productivity at work by using shortcuts. Dennis will be offering valuable tips on how to make the best use of Microsoft Excel on the use of the right shortcuts, whether it is a keystroke shortcut or a hidden command sequence.

The speaker will present an unbelievable 100+ Excel shortcuts. Many of these are keystroke shortcuts and many of them concern dragging techniques not involving command sequences. Another important learning he will offer is on how to differentiate between shortcuts when appropriate, depending on the use. These will be explained separately for Excel versions 2016, Excel 2013, and Excel 2010.

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To make the learning of shortcuts more practical and real; Dennis will offer these productivity tips, shortcuts, and accelerator tools throughout the session using Excel worksheets and workbooks that are based on real-life data. These will later be made available to all attendees.

 

Dennis will cover the following areas at this session:

  • Navigate seamlessly through workbooks and worksheets with keystroke and mouse shortcuts
  • Copy or move data with simple dragging instead of multi-step command sequences
  • Display/hide all worksheet formulas instantly; select all formula cells with two mouse clicks
  • Use keystroke shortcuts for a various number formats
  • Build lists of dates, times or values without using time-consuming commands
  • Create charts instantly and learn manipulation tips
  • Create formulas faster with entire column references
  • Master over 100 tips to make you a Power User!

Mastering budget spreadsheets in MS Excel

Cash flow budgets, preserving key formulae and streamlining formula writing are just some of the varied functions of MS Excel. This wonder program helps the user to carry out a number of functions, all of which help in facilitating business decision-making. These apart; MS Excel offers users the opportunity to explore and carry out a vast range of activities, functions and calculations.

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An expert with a quarter of a century of working in the world of Microsoft products will be explaining these and related functions of MS Excel in a clear and easy to understand manner. Why not join David Ringstrom, author and nationally recognized instructor who teaches Microsoft-related topics at scores of webinars each year, for an enlightening webinar session on the multiple uses of MS Excel?

This webinar is being organized by Compliance4All, a leading provider of professional trainings for all the areas of regulatory compliance. All that is needed to register for this highly educative and entertaining session is to visit http://www.compliance4all.com/control/w_product/~product_id=501299LIVE?Wordpress-SEO

Speaker’s rich experience at play

The major advantage that participants to this session will have is that they will learn from the honcho of Microsoft programs. David’s Excel courses are based on over 25 years of consulting and teaching experience. He believes in the mantra, “Either you work Excel, or it works you”. With this thinking in mind, he focuses on what he sees users don’t, but should, know about Microsoft Excel. His goal is to empower them to use Excel more effectively.

It is this outlook that will be of immense use to professionals such as Accountants, CPA’s, CFO’s, Controllers, Excel users, Income Tax Preparers, Enrolled Agents, Financial Consultants, IT Professionals, Auditors, Human Resource Personnel, Bookkeepers, Marketers and Government Personnel, professionals whom this webinar seeks to benefit.

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Ways of creating resilient and practical budget spreadsheets

The core of the learning of this webinar is how to create resilient and practical budget spreadsheets. David will familiarize participants with a wide range of helpful techniques, which include ways of separating inputs from calculations, streamlining formula writing, preserving key formulas, and creating both operating and cash flow budgets. An additional benefit is the explanation he will offer of the uses and benefits of a variety of Excel functions, including CHOOSE IFNA, IFERROR, and ISERROR ROUNDUP and ROUNDDOWN VLOOKUP and SUM and SUMIF.

This session is useful in more ways than one. David will demonstrate every technique at least twice first, on a PowerPoint slide with numbered steps, and second, in Excel 2016. Both during the presentation and in his detailed handouts; David will draw participants’ attention to the many differences in Excel 2013, 2010, and 2007. David will also offer an Excel workbook that includes most of the examples he uses during the webcast.

The core of this learning session is to impart the following learning objectives:

  • Learn to create both operating and cash flow budgets
  • Learn how to streamline formula writing
  • Transform filtering tasks using the Table feature
  • Understand the benefits associated with a variety of Excel functions
  • Apply and isolate all user entries to an inputs worksheet
  • Protect all calculations and budget schedules on worksheets
  • Use range names and the Table feature to create resilient and easy-to-maintain spreadsheets
  • Calculate borrowings from, and repayments toward, a working capital line of credit

David will cover the following areas at this webinar:

  • Avoiding the complexity of nested IF statements with Excel’s CHOOSE function
  • Streamlining formula writing by using the Use in Formula command
  • Improving the integrity of spreadsheets with Excel’s VLOOKUP function
  • Comparing IFNA, IFERROR, and ISERROR functions and learning which versions of Excel support these worksheet functions
  • Going beyond simple rounding with the ROUNDUP and ROUNDDOWN worksheet functions
  • Learning a simple design technique that greatly improves the integrity of Excel’s SUM function
  • Using the SUMIF function to summarize data based on a single criterion
  • Learning how range names can minimize errors, save time in Excel, serve as navigation aids, and store information in hidden locations
  • Learning how the Table feature allows you to transform filtering tasks
  • Preserving key formulas using Excel’s hide and protect features.

Putting the MS Excel VBA to optimal use

Visual BASIC for Applications (VBA) is the programming language built into MS Excel and other MS programs. It is a macro, which, as we know, is a recording of a series of tasks. At a simple level, it can be thought of as a smaller version of programing in that once certain tasks are assigned to it, it carries them out.

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The main function of a macro is to work within a program such as MS Excel and automate tasks that need to be performed over and over many times. Because of this function, MS Excel carries out many tasks that would otherwise have to be done manually. Obviously, this is a great time saver, because the time that needed to be spent on manually carrying out a host of repetitive tasks can now be put on something constructive.

 

Overcoming the limitations

MS Excel has a macro recorder, but it has its limitations. So, VBA takes over where the macro recorder’s functionality ends. At a more advanced level, VBA enables the user to carry out many functions, such as:

  • Building your own worksheet functions
  • Creating automated workflows
  • Controlling and interacting with other applications, plus much more.

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Get to understand how to use VBA better

Want to know how to make the fullest use of the VBA function in MS Excel? Then, you need to attend a webinar that is being organized by Compliance4All, a leading provider of professional trainings for all the areas of regulatory compliance.

At this webinar, Mike Thomas, founder of theexceltrainer.co.uk will be the speaker. Mike has worked in the IT training business since 1989. He is a subject matter expert in a range of technologies including Microsoft Office and Apple Mac. He has produced nearly 200 written and video-based Excel tutorials.

To gain complete knowledge of how to make use of the VBA feature; please register for this webinar by visiting http://www.compliance4all.com/control/w_product/~product_id=501317LIVE?Wordpress-SEO

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Mike will get participants started with the VBA. Both advanced and small users of Excel, with little or no programming experience, will be able to take their level of automation knowledge beyond the macro recorder. Even those who have never used VBA before and want to learn about the basics of VBA and automation will find this webinar useful.

People who use MS Excel in their daily work, such as business professionals, business owners, researchers, administration support staff, educators, or for that matter anyone who wants to learn how to get the best from MS Excel to manage projects and their life, will derive benefits from this webinar.

Mike will cover the following areas at this webinar:

  • Getting familiar with the VBA Editor
  • Understanding VBA jargon such as procedures, modules, methods and properties
  • How to edit an existing macro
  • How to write a simple macro from scratch using VBA
  • Creating inline documentation
  • Using VBA to control what happens a file is opened or closed
  • Using VBA to repeat a series of actions (simple loops)
  • Writing simple conditional statements (IF).