In This Issue
Account FAQ's
Impact of Price Regulation on Micro-Merchants
Protecting Your Business from Identity Theft
Save the Date
ProPay In the News
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This months newsletter focuses around security for you and your business.  In many instances, questions concerning merchant accounts can be difficult to answer.  ProPay's FAQ page allows for a wide variety of questions to be asked and answers to be found. 


Businesses hold the same type of personal information as consumers, but often times do not think they could be a target for identity theft. Below are several ideas on how to protect the sensitive information businesses, as well as consumers hold.


In this issue, ProPay's Legal Councel dives into the recent developments of the price regulation on micro-merchants. The article gives great information to what may occur in the near future.


As always, please feel free to forward this newsletter to anyone that you think might be interested. 


The ProPay Team
Account FAQ's
by Nicole Boulter, Customer Service Supervisor

Asking questions is essential to learning and understanding.  Receiving the correct answer is even more crucial to that learning process.  When gaining information about how to best use a ProPay account, the Frequently Asked Questions (FAQ) Directory on the ProPay Support webpage does a superb job at starting that process.  Regularly updated, the FAQ page outlines different services offered on ProPay accounts.  By clicking on a specific topic, a merchant can find more detailed questions, tutorials, and processes to help answer any question regarding ProPay. continue reading about FAQ's, click here.

The Impace of Debit Card Price Regulation on Micro-Merchants

by Tony Allen, Executive Vice President, Corporate Counsel

Section 1075 of the 2010 Dodd-Frank Act requires the Federal Reserve Board (the "FRB") to regulate the interchange fee that an issuer of a debit card may receive from a payment network, such as Visa, American Express, etc.  Section 1075 was sponsored by Senator Durbin and is commonly known as the Durbin Amendment ("Durbin") to the Dodd-Frank Act.  On December 16, 2010, the FRB proposed 2 alternative regulations which impose price controls on all the payment networks. continue reading this article, click here.

Protecting Your Business from Identity Theft

by Dr. Heather Mark Phd, Senior Vice President, Market Strategy

Identity theft is often perceived to be a problem that primarily impacts consumers.  Media reports are full of stories about individuals that have been sent spiraling into debt because of misappropriated financial or other personal data.  It's often easy to overlook that businesses are often just as susceptible to such schemes.  They have the same types of financial data and identifying information that individuals have, and often have larger credit limits and higher transaction volumes, which means that the misappropriation of the data would go unnoticed longer.  In addition, some data thieves will go further and actually mimic letterhead and logos in order to collect "accounts receivables" using the company's name and information.  What can companies do to protect against identity theft? continue reading about identity theft, click here.

Sale! MicroSecure Card Reader


MicroSecure Card ReaderNow, for those who don't have a Smartphone but still want the security and convenience of a card reader, the MicroSecureŽ Card Reader is on sale for just $89.95 (normally $99.95). The MicroSecure Card Reader (MSCR)  is a simple, secure, and affordable way for you to accept credit and debit cards. The MSCR allows mobile professionals to collect card payment information while away from the computer or to process payments in real-time if connected to an Internet-enabled computer and get instant authorization. The MSCR encrypts the sensitive payment data from the moment of swipe. That means that card data is never stored in clear text, protecting both you and your customers from data theft. If you are away from your computer, you can still swipe cards and capture payment data securely. The MSCR will store the payment information (up to 71 transactions) so that you can process payments when you get back to your computer.


If you're looking for a simple, secure, and affordable way to conduct swipe transactions through a card reader, the MicroSecure Card Reader is an excellent option.

Save the Date!!

Speaking Events

National Association of Federal Credit Unions (NAFCU) 

June 28, 2011 in San Francisco, CA 

ProPay will be in attendance to the NAFCU Conference promoting LenderPay! 

Visit the site!


In the News


Latest Press Release

Lehi, Utah - May 19, 2011 - ProPay (, an industry leader in Merchant Services, End-to-End Payment Security, credit card processing, and electronic payment services is pleased to announce that Zumogo, ProPay's Social-M Payment application is the winner of the 2011 ETA Technology Showcase Challenge.  Zumogo (pronounced "Zoo-MOE-Go") allows merchants and consumers to connect in an entirely new way.  Consumers are able to locate merchants, engage in dialogue with merchants, find events and deals, and make payment all from their Smartphone. read more click here.

DISCLAIMER:  ProPay, Inc. provides this newsletter only for general information or educational purposes.  Nothing herein should be relied upon without seeking the advice of an attorney or other professional appropriate to the subject matter.  While ProPay, Inc. strives to ensure information in this newsletter is accurate and current, ProPay, Inc. does not guarantee or represent that the information is correct, complete, or up-to-date; nor shall ProPay, Inc. be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or reliance upon any information contained in this newsletter.