Archives: FAQs

What is EMV (Euro-Mastercard-Visa), or chip card acceptance?

EMV, otherwise known as Chip Cards, are the new payment technology adopted by the card associations. You’ll also hear it called “Chip and Pin” or “Chip and Signature” – but not matter the moniker, it’s important that all in-person merchants accept EMV transactions.

What is a B Corporation?

B Corps are certified to meet rigorous standards of social and environmental performance, accountability, and transparency. Any business can apply to become a B Corp, but only those who pass the rigorous assessments are granted B Corp status. Social and environmental performance must be regularly certified by the nonprofit called B Lab, much the way LEED buildings have to be certified by the U.S. Green Building Council.

MX Merchant – Setting Notifications

Dharma and MX Merchant make it easy to stay on top of your business. Set email/text notifications for all sorts of account activity, so you stay informed.

What is Level 2 and Level 3 data?

Level 2 credit card processing refers to a more detailed transaction designed to support business-to-business (B2B) payment processing. Many businesses and government offices require that their vendors accept detailed transactional information along with the sale. In addition to simplifying the B2B transaction, providing Level 2 data along with the sale allows access to lower interchange rates.