Author Archives: ThomasKraus

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Understanding Visa's VFMP & VCMP Programs

By ThomasKraus

As many eCommerce merchants are aware, Visa implemented changes to their fraud and chargeback monitoring programs earlier this year.  

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Merchants and Customers Rejoice as EU Reduces Swipe Fees

By ThomasKraus

Big changes have recently been implemented that will benefit both merchants and consumers in the EU. A statement released by Merchants Payments Coalition, an international organization representing retailers, supermarkets, drug stores, gas stations and online merchants announced a reduction in "swipe fees" paid to banks and credit card companies. These swipe fees increase the...

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MasterCard News

By ThomasKraus

Merchants processing in the EU have probably heard about the recent increase in MasterCard chargeback fees by now. But did you know, L3 Payments has several solutions for your MasterCard volume that can save you money, and help minimize your overall chargeback exposure.

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May Newsletter

By ThomasKraus

May is here and what an exciting month we have in store! Here at L3 we're in the midst of developing new product offerings that are sure to increase revenue for our merchants, and we're eager to share details on those services in the near future. And while we're all busy working on these new features, we'll still make time to honor the wonderful moms in our respective lives on...

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March Newsletter

By ThomasKraus

March Madness is here! Only I'm not referring to the NCAA basketball tournament, but L3's travel schedule for the next few weeks. Despite the hustle and bustle of L.A. traffic and crowded airports, we're excited to get back out there and discuss the myriad services L3 has to offer to new and existing merchants alike. Look for us at both the MAC Conference from March 11th - 13th...

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February Newsletter

By ThomasKraus

It's hard to believe February is already here. The holiday season came and went in a flurry of family gatherings, food, drinks, and was capped off by a Super Bowl blowout so bad that I actually got more enjoyment out of a Radio Shack commercial than the game itself. And in that time we here at L3 Payments didn't miss a beat. L3 spoke on a panel and attended Internext, iDate and...

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December Newsletter

By ThomasKraus

Happy Holidays, everyone! Here at L3 we're jollier than St. Nick at an all-you-can-eat buffet to be wrapping up another successful year while we gear up for an exciting 2014. We were so productive in 2013 that I thought it would be fun to take a moment to reflect on some of the newsworthy items from this year:

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November Newsletter

By ThomasKraus

November is here and it's already shaping up to be a busy month for us at L3! But while there's enough on our proverbial plates to rival that of a traditional Thanksgiving dinner, we still manage to find time for a little levity around the office. That's why in honor of "Movember" - the month-long event where men grow mustaches to raise awareness for male cancer and men's health...

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October Newsletter

By ThomasKraus

October is here! As I write this newsletter we're experiencing a rare rain storm in southern California and a welcome drop in temperature as we settle into the Fall season. Don't get me wrong, I do enjoy the typically balmy, sunny weather here in SoCal, but mowing my lawn and pulling weeds in 100 degree heat while getting blasted by the sun's cancerous death rays for the past few...

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September Newsletter

By ThomasKraus

Wow, time flies. September 2013 marks the 1 year anniversary of our new website, blog and this very newsletter. On one hand it's hard to believe a whole year has gone by, but when I reflect on the past year and realize how much we've accomplished it's easy to see where the time has gone. From establishing new banking relationships to attending trade shows to boarding new...

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