Tuesday, September 22, 2015

Credit Card Liability/Small Business Saturday

I hope all of you are aware that October 1 businesses that accept credit cards will become liable for credit card fraud if they do not have the ability to accept credit cards only with EMV chips.

Do you have the technology to do this? I am told the cost to implement this is around $900 but companies are giving discounts. One company I talked to  was giving a reduced price of $400.

Over the past five years, Small Business Saturday has become a fixture on the holiday shopping calendar.  Small Business Saturday will take place the day after Black Friday, Saturday, November 28th.  Over the past six years it has grown into a national movement to shine the light on small businesses around the county.  Where it is most successful in helping businesses grow their revenues over this key weekend, public/private coalitions of small business leaders have come together to provide coordination and leadership.  Click here to learn more about Small Business Saturday. The fact sheet (click here) provides additional information about the programs.

Your organization can help make it the biggest yet by participating in two complementary programs that support Small Business Saturday.

  • The Small Business Saturday Coalition, comprised of national/state/local associations and departments like yours (as opposed to individual retail businesses), helps amplify the Shop Small message.  Coalition members receive a turn-key communications toolkit to help generate awareness  leading up to Small Business Saturday and encourage  associations, merchant groups, consumers and communities to participate  in the day.   We invite you to use this link to sign up for the Small Business Saturday Coalition: http://wipp.force.com/SmallBusinessSaturday.

  • The Neighborhood Champion program provides the tools for local communities and individual retail businesses to host events on Small Business Saturday.  To sign up to rally your neighborhood as a Neighborhood Champion, the businesses in your area/your chambers should visit : ShopSmall.com/sbscoalition.  Neighborhood Champion enrollees receive Small Business Saturday Event Kits with Shop Small® merchandise to support community events (includes shopping bags, balloons, and other promotional items).  Depending upon how many stores are in each neighborhood, it might be a good idea for several stores to sign up for the “Rally your Neighborhood” kits.  All that is needed is to name ten stores.

Lynn Bunim, Director – Small Business Saturday,  would be delighted to connect with you live/email to answer any questions you might have about Small Business Saturday: lbunim@wipp.org; 415.434.4314.

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