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Processing Refunds? Beware of Additional Fees

Unfortunately, unethical Merchant Account Providers are constantly conjuring up new ways to hide fees and make more money off their customers. Part 5 of this series covered one way providers can be deceptive when your business runs returns. In part 12, we will further explore unethical issues related to refunds. Payment Processing Demo Schedule 15 minutes with a payments expert Get a customized PayJunction product walk-through Understand requirements and pricing Determine your SAVINGS! GET DEMO NOW
Ursula Librizzi 2/9/2017 READ MORE
Improper Merchant Underwriting Directly Affects Your Business

To get a traditional merchant account, your business must go through an extensive review process called merchant underwriting. Unfortunately some Merchant Account Providers don’t effectively underwrite businesses, which can lead to issues down the line.
Ursula Librizzi 2/2/2017 READ MORE
How to Sidestep Unfair Contract Terms

Unfortunately, unethical billing is more common than we’d like to believe. Some Merchant Account Providers will squeeze terms and fees into their merchant contracts that only harm the businesses they claim to serve. Due to the nature of these terms, most business owners don’t realize they’re unfairly locked into a contract until they’re looking to exit their merchant credit card processing agreement. Payment Processing Demo Schedule 15 minutes with a payments expert Get a customized PayJunction product walk-through Understand requirements and pricing Determine your SAVINGS! GET DEMO NOW
Ursula Librizzi 1/24/2017 READ MORE
Tiered Pricing vs. Flat

There’s a lot to consider when you’re starting a new business or even just updating your payment processing; and your rate plan can greatly impact your bottom line. We’re going to review two common rate plans side by side: Flat vs. Tiered pricing.
Christina Lavingia 1/19/2017 READ MORE
Are You Sure You’re Paying True Interchange?

If your business is on Interchange pricing, you may think you have the most transparent rate plan. This is a fair assumption, so long as you’re being charged true Interchange.
Christina Lavingia 1/19/2017 READ MORE
How to Spot a Hidden Volume Fee

Merchant Account Providers practice unethical billing in various ways, but some don’t stop at a hidden markup in wholesale costs or non-compliance fees. Some providers go as far as increasing your processing fees for the volume you process in a given month.
Ursula Librizzi 1/19/2017 READ MORE