Commonwealth Consulting Group, LLC. Jim Romeo

07/22/2023

04/17/2023

Here's to the nearly 30,000 athletes from more than 100 countries running in today's 127th Boston Marathon.We admire your spirit, training, and commitment.

02/14/2020

Did you know that Worcester, MA was the center of the commercial Valentine industry in the United States for nearly 100 years! And now it's home to Commonwealth Consulting Group. No wonder they call it the Heart of the Commonwealth! Find out why our business partners love us - give us a call today!

04/16/2019

Good afternoon,
I have a question? When is the last time you had your Credit Card STATEMENT reviewed? It cost you nothing just the 5 minutes to get in touch with me. What are you waiting for? Who likes savings or even better GREAT CUSTOMER SERVICE

05/01/2018

Lyn Evans Potpourri Designs, Middletown RI
Lyn Evans Potpourri Designs

Commonwealth has been an outstanding credit card processing partner for Lyn Evans. We are a small retail chain (4 stores) and have nothing but positive things to say about the work that Commonwealth has done for us. It should be noted that Jim Romeo is our account manager and he has been critical to our relationship. As is always the case, the relationship depends entirely on the people that you interact with and Jim is as good as it gets. I highly recommend Commonwealth!

03/15/2018

Good Morning!!
If you have any Questions regarding credit card service or pricing please FEEL free to call me 774-696-0874 or email [email protected]

03/12/2018

Good Morning!! Happy Monday!

Here's the 3rd thing you need to know when picking a credit card processor.
If you have any questions about these please fell free to pm me or call 774-696-087

3. Use P2P encryption.
“P2P [point-to-point] encryption is a security necessity. You have to make sure you are encrypting data transmissions at every stage of the transaction since there are multiple points,” explains Cohen.
When a business swipes a credit card or a customer enters his or her payment information on a website, a long series of digital communications take place. This leaves the consumer vulnerable to fraud.
Once the transaction is initiated (with a card swipe or when entered online) the issuing bank has to determine whether or not the card has sufficient funds (debit card) or sufficient available credit to successfully complete the transaction. If there are sufficient funds, then the issuing bank sends a message back to the merchant, verifying the purchase. Throughout these steps, point-to-point encryption protects the data, preventing it from being compromised.

03/09/2018

Today is day 2 of the 5 things to know when picking a Merchant Processing Company

2. Ensure PCI compliance.
Payment Card Industry (PCI) compliance is a set of security standards designed to ensure all businesses accepting, processing, storing or transmitting credit card information maintain a secure environment.

Every company must renew their PCI compliance certificate yearly through their merchant company to keep accepting and processing credit and debit card transactions. Cohen advises that not all processing companies handle this the same way, stating, “A good merchant company will charge a nominal compliance fee and will take the steps required to ensure your business is complaint. Not all business owners have time to worry about compliance, so working with a merchant that is pro-active in this area will ensure you avoid penalties.”

03/08/2018

Each day I'll list the 5 Things to Know when picking a Merchant processing company

1. Demand EMV and latest processing technology.
If you are accepting payments in person, your processing terminal needs to be equipped with the latest technology. Virtually all new credit cards issued these days feature EMV chip technology, but not all point of sale (POS) equipment is updated to accept payments via the chip.

EMV chip technology protects your business from hackers, breaches and fraudulent transactions, and using EMV-compliant POS equipment protects your business. “Your data processer will cover the transaction in the event something bad happens if it was processed via the chip. If not, there is a good chance it won’t be covered,” explains Cohen.

You also want to make sure you are up to date on modern ways of accepting payments, like Apple Pay and Samsung Pay.

03/05/2018

Good Afternoon!!
What you you like about your current merchant service provider?
What don't you like about your current provider?

03/03/2018

I’ve never had a man crush... love this guy

03/01/2018

Does your credit card terminal SWIPE,DIP,and TAP??

02/14/2018

When is the last time you looked at your merchant statement? If its been over a year, you should contact me

08/11/2016

Mobile Marketing and Technology Provides News and Events for the Mobile Marketing, Payments, and Technology Industries.

05/04/2016

Lock 50! Just about ready.

10/07/2015

Best part about servicing an account in New Jersey

06/02/2015

I own a restaurant, how will chip-based credit/debit cards affect my business?

Not surprisingly, it will have a very significant impact on the way you and every in the U.S. operates their business. Chip-based (EMV) credit/debit cards were created in Europe to combat card present credit and debit fraud. They have done a fantastic job at reducing card present fraud by 75% in most European countries. However, in the U.S. we tip our servers and in Europe tipping is not done. With that being said, once your restaurant upgrades to EMV capable hardware you will not be able to process a tip after you have processed the check. Yes, you read that right! You will not be able to tip adjust like you currently do on your POS system or credit card terminal. This is because an EMV transaction is processed just like a pin debit transaction. No changes can be made to the sale amount after it has been processed. Therefore, you will have to change the way you present the check to your customers.

I am going to go into three ways you can do this. First, you can purchase tableside hardware from your credit card processing company or POS provider. This would allow you to hand the device to your customer when they are paying the check and they would add the tip amount before the sale is processed. The other option is to generate a cash receipt from your credit card terminal or POS system and have the guest write in their tip amount. Then you would take their card and receipt and process the total sale amount and then go back to the guest and have them sign the sale copy. Lastly, you can have your servers ask the awkward question to each guest at the end of their meal, ‘would you like to leave a tip and how much?’ In my opinion, tableside payment is going to be the best way to process credit cards. If you have traveled to Europe in the last year or so, you have undoubtedly noticed that every establishment does tableside payment so that customers never have to hand their card over to anyone.
K.Reardon

If you would like to learn more about this, I can be reached at [email protected] or at 800-866-3944 ext 104.