The latest version of TRANSAX QB includes not only numerous usability enhancements, but also comes with new branding! Previously the TRANSAX QuickBooks Add-on, now called TRANSAX QB! The branding shift coincides with a branding strategy overhaul across the TRANSAX Technology suite. This includes: TRANSAX QB - previously the TRANSAX QuickBooks Add-on TRANSAX FleXport - our powerful developers toolkit for integrating points of payment into any application! TRANSAX Mobile - our mobile offering (available on Android. On iPhone the old iTRANSAX brand remains currently.) TRANSAX Billpay - our Electronic Bill Payment and Presentment solution With the latest release of TRANSAX QB, TRANSAX has made numerous improvements to the SynX process, the Batch process, and the handling of A/R accounts and Asset Accounts throughout the system. More information on processing credit cards in QuickBooks using TRANSAX QB

We had the opportunity to speak at the Accounting C4 2011 conference in Boston this year.  Take a look at the session now live on YouTube! Part 1: http://www.youtube.com/watch?v=ftDUru8gvrI Part 2: http://www.youtube.com/watch?v=AZ1m2NUESKk

I just got back from the Accounting C4 (Cloud Computing Collaborative Community) conference in Boston. It was a great show! It was my first time in Boston, and I particularly enjoyed the boat cruise around the bay - what amazing architecture that Boston has! We made many great new contacts at the show, but the most interesting person that I met was Ben Stein! He was there to give the keynote speech, and I had the pleasure of riding the elevator down with him the morning of his keynote. He noticed that I was also a speaker (as my badge was tagged), and said "You're a speaker too!". I responded, "yeah, but not nearly as entertaining as you!". He asked what I was speaking about, and when I replied "Merchant Accounts", his response was, "I just make people laugh and think, you talk about the important stuff - money!" His keynote is great! It made you laugh and think. Very entertaining, informative and intelligent. And as for my se

We're excited to be heading out to the C4 Accounting Cloud Computing Collaborative Community conference in Boston this weekend! Right Networks is Intuit's Exclusive Provider of the QuickBooks Enterprise Solutions Hosting Service. And NELiX TransaX is Right Network's exclusive partner for providing payment processing services. With our powerful QuickBooks plug in (TransaX QB), allowing merchants to process credit card transactions, run ACH / e-check transactions, run many transactions in a batch, pay vendors via ACH and much more, partnering with Right Networks was a perfect fit. TransaX QB is already installed on the Right Networks cloud, so their client base has access to it instantly. At the show this weekend, we'll be holding a session discussion how credit card transactions work - how the communication takes place, how the money flows and more. If you're in Boston, and interested in QuickBooks Cloud Computing, check out the show and attend our session! More on

The recent Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 had largely no affect on the merchant account side of the banking business. That is, until the Derbin Amendment was attached and pushed through. I recently had the opportunity to see Senator Christopher Dodd speak at ETA, and he explained how the amendment was pushed through at the last minute - nobody really paid attention to it, and it just got passed along with everything else. The Durbin Amendment has some major ramifications to the payment processing industry. Specifically: A cap of 7 to 12 cents on most debit card swipe fees, a decline of about 80% from present levels The introduction of competition, by giving merchants a choice as to which debit network they process transactions over. For example, present arrangements effectively force merchants to process many Visa transactions over the STAR network, even if competitors like PULSE and NYCE offer to conduct the same transaction at a lower processing

Announcing the TRANSAX Electronic Bill Pay and Presentment Software - TRANSAX BillPay! TRANSAX BillPay was built using the same high standards as our other technology offerings. Our software is designed to hook into a merchant's backend system to receive accounts receivable data, and allows that merchant's customers to log in and pay their bills. Customers can easily setup many different payment methods - both Credit Card and ACH. Automatic payments can be created. Payments can be made immediately or scheduled. The system is flexible, easy to use and inexpensive. If you're interested in a demo, contact TRANSAX today!

The TRANSAX QuickBooks Payment Processing Add-on now supports Jobs! Credit Card, ACH / E-Check / EFT, RDC / Remote Deposit / Check Conversion, batch processing, etc - all of the features available in the module can now be used at a customer or a job level! More information on processing credit cards in QuickBooks using TRANSAX QB

This is the story of how I won $2500 playing poker at the North American Bancard Booth at ETA this year. For the last ten years, ETA has been in Las Vegas every year. This year, their contract had ended with Mandalay Bay, and ETA was moved to San Diego. No gambling :-( Sadness. Or at least so I thought. Every vendor at a trade show does whatever they can to bring people into their booth. Some vendors get extremely creative to get people into their booth. North American Bancard had a poker tournament at their booth as an incentive to get people in. So, being a poker player (not a great player, but not horrible - I'm OK), I said why not - and signed up. There were 6 tables of 8. I was at the first table. Instantly I recognized the best player at the table (hint - it wasn't me). He was sitting at the opposite side of the table from me. It was a timed tournament. 45 minutes - person with the biggest stack goes onto the final table. 10 minutes left, there were 4 of us left. The play

I was at the ETA show (Electronic Transaction Association) a few weeks ago. I wanted to blog about it earlier, but haven't had the time. It was a great experience! The show was in San Diego for the first time in years. While I was there, I saw a monkey running around the trade show floor, sat in a Back to the Future Delorean replica, had way too many " bluetini's " (sponsored by American Express of course), and won $2500 in poker (a story for another blog). Of course, I did a lot of business while I was there also! The great thing about ETA is that everybody from the industry is all in one place at one time. Well, not everybody, but a lot of key players are all in the same room at the same time. That is something that you really can't put a value on. Bank Cards, Banks, Processors, ISO's , gateway providers, terminal manufacturers, mobile technology, PCI compliance vendors, and so on. There were great speakers this year - I really enjoyed listening to the key

I just ran across this link while surfing the other day: http://blog.shopify.com/2009/5/6/support-for-nelix-transax-payment-gateway-added-to-shopify This was some time ago it seems, but it's always nice to find our technology integrated into a system that we weren't even aware of :-) Shopify is a hosted gateway built using Ruby. TRANSAX has a Ruby component that is part of Ruby's ActiveMerchant. ActiveMerchant makes it extremely easy for any Ruby developer to download and install the TRANSAX payment processing libraries. Once downloaded, the Ruby developer can easily integrate points of payment - credit card and ACH acceptance - into their application. TRANSAX was integrated into Shopify some time ago. More information on Shopify

TRANSAX has released another update to the FlexPort ToolKit. The FlexPort ToolKit enables developers to easily integrate payment processing (credit card, debit card, ACH / e-check, remote deposit capture (RDC), etc) into their applications. With the latest release, a new class has been added specifically for Android developers. Mobile payments is a growing market, and more and more app developers need a solution for accepting payments within the apps they build. Our tools make it as easy as plug and play to add points of payment into any Android app. "This is the most exciting release to date," explains Matthew J. Schwartz, President of TRANSAX. "We plan to make it easy for mobile application developers to accept in-app payments." The TRANSAX FlexPort Toolkit includes documentation, example integrations and modules for: VB.NET 1.1 VB.NET 2.0 C# Classic ASP Microsoft Access VB6 PHP Ruby 4D/4th Dimension FileMaker iMIS Flex/Flash FoxPro ColdFusion

It is clear that mobile computing is the wave of the future. With the introduction of "app" driven devices - first iPhone, then Android, and now Windows Mobile and Blackberry have jumped on board - the power of mobile devices has skyrocketed. This environment is a haven for innovation and creativity. New uses for mobile technology are introduced on a daily basis. One area that there is a ton of activity, and much more to come is the mobile payment processing. Credit card acceptance through mobile devices is expected to skyrocket to $1 billion by 2014!!! Take a look at this article on the topic: Mobile Payments Take Hold Around The World. We are very excited about our mobile strategy. TRANSAX mobile for iPhone has been out for over a year now, with great results. Our Android app will be introduced within a matter of days. But that is just the start. We have many exciting mobile related offerings to come. Our goal is to help everybody easily accept credit card and ACH / e-c

TRANSAX has released another update to their TRANSAX FlexPort. The FlexPort ToolKit enables developers to easily integrate payment processing (credit card, debit card, ACH / e-check, remote deposit capture (RDC), etc) into their applications. With the latest release, a new Lasso Tag has been added. Lasso is a technology used by many FileMaker developers to build a web based front end. With the new Lasso Tag included in the FlexPort ToolKit, Lasso developers can easilya dd credit card acceptance to their application. "Combining our Lasso Tag, our FileMaker plug-in, and our PHP integration examples, we are an ideal partner for any FileMaker developer looking to add credit card or ACH acceptance to their application," explains Matthew J. Schwartz, President of TRANSAX.

Version 6.0 of our QuickBooks module has been released! Here are the new features: There is better “clairvoyance” in the drop down menus throughout the system. Add a new customer on the fly when creating a sales receipt Add a new customer on the fly when adding / updating vault records. Filter batches by invoice transaction date. Filter batches by invoice due date. Set the system up to “auto mark” invoices to be e-mailed after running a transaction. Set the system up to record the transaction description on the receive payment record. Bill Pay Module - Pay a vendor by ACH Bill Pay Module - Record that vendor in the vault Bill Pay Module - Run a “batch” bill pay to pay all vaulted vendors with open bills!

Our philosophy has always been about empowering merchants and software developers. We do this by providing tools for both software developers and merchants that allow them to automate, enhance and streamline their business processes. Of course, our focus is in the payment processing space. We want to help software developers easily integrate points of payment everywhere! The TransaX FleXport toolkit is a suite of tools for software developers using many different platforms. We have now added Android Developers into that mix! Our new Android FleXport component is a library that can be used by Android Developers. Easily add points of payment to your Android app. Accept payments easily in games, shopping apps, subscription apps, music apps, etc. Using our technology, you can create easy one click purchases, allowing customers to pay with billing info already on file. If you are an Android developer that builds custom apps for your customers, and you use our technology for your payment pro

TRANSAX is proud to introduce TRANSAX Mobile - now available on Android mobile devices!!! Accept credit card (Mastercard, Visa, Discover, AMEX, etc) and ACH (E-check / EFT) on your Android Mobile device. Send e-mail receipts and issue refunds. It's easy to accept payments on the go with TRANSAX Mobile. With mobile technologies on the rise at an amazing pace, and everybody moving faster and faster, new options for payment processing continue to pop up. TRANSAX Mobile, the new Android app, is our first offering in the Android marketplace. Our iPhone offering has had amazing success, and we are even more excited about Android. We have many enhancements planned. Keep an eye on http://www.nelixtransax.com/ for updates! More information on processing credit cards using TRANSAX Mobile

While almost all businesses today accept credit cards, the vast majority of business owners don't truly understand how a credit card transaction works, the different cost structures, the PCI compliance aspect, or the automation options available. The goal of this article is to help make the complicated world of credit card processing more transparent. It seems simple enough – hand a business your credit card, they hand over your purchase, and a couple of days later they have your money and you're enjoying your latest toy. What that situation doesn't show you are the 8 other companies which make it possible. Not counting the Consumer and the Merchant, all of the following companies have a hand in processing a single credit card sale: Issuing Bank – The financial institution from which the Consumer obtained their credit or debit card. If you have a Chase credit or debit card for instance, then Chase is your Issuing Bank Acquiring Bank – The financial institution which authori

It is always great when you hear from a client who appreciates the work you've done. Here is a letter I recently received: "I’ve probably said thank you already, but can I just express one last round of thanks for the amazing work you did with the automation of the billing (and the invoice check-off)? You are a genius, and this has truly made the billing experience so much easier. I appreciate all of your help. " - Barbara Cesarello, StubHub What makes this even more flattering is that StubHub is owned by E-Bay, the same company that owns PayPal. StubHub turned to us to help them with their QuickBooks billing process. The use of our QuickBooks plug in for credit card and ACH acceptance greatly streamlined their process. More on StubHub . More on the NELiX TransaX QuickBooks plug-in for credit card and ACH acceptance .

Lasso is a tool that has long been used by FileMaker developers to create web based front ends with a FileMaker back end. Although, as time has moved on, many developers now use PHP for their web based front end, many developers still choose to build their solutions using Lasso. NELiX TransaX now has a FleXport component to help Lasso developers easily integrate credit card acceptance into their applications. With components for FileMaker, PHP and Lasso, NELiX TransaX is an ideal choice for FileMaker developers when it comes to their clients payment processing needs. More information on FileMaker credit card / ACH acceptance . More information on PHP credit card / ACH integration . More informaiton on NELiX TransaX FleXport

The NELiX TransaX QuickBooks Module has gained a significant amount of attention in the QuickBooks community. Features such as the ability to process ACH / E-Check payments, the ability to run check scans (Remote Deposit Capture - RDC / Check Conversion), the powerful Sync module that pulls in transactions from other sources, such as a website, and the most sought after feature - the batch process, which allows merchants to process thousands of transactions against their invoices with the click of a button, has made the NELiX TransaX QuickBooks module a valuable tool for many merchants. With the latest major release of the NELiX TransaX, QuickBooks module, a new accounts payable module has been added. The Bill Pay module allows merchants to pay their vendors using an ACH transaction. "With the new Bill Pay module, " explains Adam O'Hare, Vice President of NELiX TransaX, "merchants have the ability to pay hundreds or thousands of bills with one simple action." Ju

Some time ago, during one of our month end processes, I watched as my staff proccessed hundreds of payments. We use QuickBooks, so this meant that we had to print out all of the checks, stuff them in envelopes, stamp them, then bring them to the post office. Of course, some of them were returned with bad address, and we'd have to chase those down. So, I was thinking that it was so easy to collect payments using the NELiX TransaX QuickBooks module, why couldn't you make payments too? So now, with the new release of the NELiX TransaX QuickBooks Payment Module version 6, you can now pay your vendors with ACH, store their billing informaiton for subsequent payments, and use our batch process to pay hundreds or thousands of vendors at once at the click of a button!!! Watch this space for more information, or contact us today !

We are excited to be once again exhibiting at FileMaker DevCon this year in August in Sunny San Diego! We'll be showing off our FileMaker technology for running credit cards and ACH / e-check transactions directly from your FileMaker database. We're especially excited that this year we'll have an opportunity to be on stage and showcase our technology to the attendees. Don't hesitate - sign up for the show today! We hope to see you there. More on FileMaker DevCon 2011 More on Credit Card and ACH processing in FileMaker .

Yep, we did it! It seemed to make a lot of sense. We've been working with the QuickBooks community for so long, and doing so much development and customization of our module, it seemed logical to finally take the plunge and become ProAdvisors. Our QuickBooks module has seen a ton of interest from so many different groups. With the ability to run ACH / E-Check transactions through QuickBooks (as well as Credit Card and Debit Card transactions), along with the batch process and our powerful sync process, our module not only gives merchants an alternative when it comes to payment processing, but it adds a lot of functionality to QuickBooks as well. Merchants, accountants, banks, and even our competitors have shown a ton of interest in this module. Take a look at what it can do!