Common Q & A

IRS Reporting and TIN Validation
OVERVIEW On January 1, 2011, the IRS enacted section 6050W, an amendment to the Federal Housing Assistance Tax Act of 2008. This IRS mandate requires all m...
Fri, 17 Nov, 2023 at 4:44 PM
Security Tips
Security Tips Keeping your computer and network safe is one of the most important steps in protecting sensitive information. Using the resources provide...
Tue, 28 May, 2019 at 9:35 AM
Fraud Prevention
Individuals seeking to steal credit/ debit card data are increasingly targeting point-of-sale terminals and computer equipment. They will either replace you...
Fri, 17 Nov, 2023 at 4:44 PM
Fee Adjustments
Aug 2026 Effective September 1, 2026, Nexio is updating its Returned Item (Non-Sufficient Funds) Fee to an ACH Reject Fee.   The ACH Reject Fee applies t...
Wed, 5 Aug, 2026 at 10:02 AM
Complete Merchant Solutions Resolves All Issues with Federal Trade Commission
Complete Merchant Solutions (“CMS”) has reached agreement with the Federal Trade Commission (“FTC”) to resolve all outstanding issues, including CMS’s lawsu...
Wed, 9 Dec, 2020 at 4:33 PM