Five Ways to Save Money on Credit Card Processing
Merchant account fees are a substantial portion of monthly expenses for many businesses. Keeping processing expenses low is a very worthwile priority – here are 5 tips you can use to make sure your...
View ArticleWhat Makes a Merchant Account “High-Risk”?
Each merchant service provider has underwriters that are responsible for determining the risk factor associated with certain types of business and accounts. When determining whether a business type is...
View Article6 Simple Questions About Choosing The Right Merchant Account
In order to figure out which type of merchant account is best for your business, and which rates and fees will matter the most you, you must create a quick profile for your business. Answering these 6...
View ArticleDifferent Types of Merchant Accounts – A Quick Snapshot
The two basic types of merchant accounts are “card present” and “card-not-present“. Each basic type of account has subcategories that are defined by business type or how a credit card transaction is...
View Article5 Reasons Why Businesses Overpay for Credit Card Processing
Below are a few of the key reasons why merchants overpay for credit card processing, and what business owners can do to address these problems: 1. Confusion about how fees are charged, resulting in...
View ArticleAddress Verification Service (AVS), How does it work?
If you look at the first time a credit card was used back in the early 1950’s through Bank of America the credit card has evolved over the years by getting more and more secured each year. In the...
View ArticleWarranty Protection : Visa, MasterCard and others
By being a merchant owner it’s always good to understand how the four card networks work in extending warranty protection on the products your customers buy from your stores. All four: Visa, Master...
View ArticleThe Square takes Big, Bold Steps to grab Market Share
In an attempt to gain a big chunk of market share Square Inc., the mobile payment system announced they are going to offer customers who have revenues of less than $250,000 a year a flat fee of $275 a...
View ArticleCredit Card Terminals Out of Date – SCAM ALERT
Latest merchant processor scam offers free terminals I am sure that not a day goes by that you are not contacted by someone selling merchant services who promises you great savings. Whether it be via...
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