-
Credit Card Processing Fees Small Businesses Should Be Aware Of
As a small business owner, you may or may not be familiar with the basics of credit card processing, depending on whether this is your first business. There are numerous middlemen to familiarize yourself with and questions to ask yourself to ensure that you’re partnered with an ethical, honest provider.
Christina Lavingia
READ MORE
-
Correct Merchant Credit Card Processing Setup on Tiered Accounts
There are a number of factors to consider when setting up your merchant credit card processing. Which Merchant Account Providers are trustworthy? Which one offers the best product? Which one will treat you like a valued customer?
Ursula Librizzi
READ MORE
-
What Is a Chargeback?
Providing a simple chargeback definition isn’t easy because there are multiple types of chargebacks that can be filed. While they all share the same desired outcome, they differ in intent.
Christina Lavingia
READ MORE
-
How MCC and SIC Codes Impact Credit Card Processing
It’s no surprise that there are various types of businesses. However, you might not know that there’s a formal classification system for businesses that can impact their credit card processing.
Christina Lavingia
READ MORE
-
Why Sudden Merchant Account Termination Occurs
Considerable logistics and providers are required to process credit card payments for your business. Whether you sell online, in a brick-and-mortar location or both, you need a merchant account to accept credit card payments.
Christina Lavingia
READ MORE
-
What Causes Interchange Fluctuation?
If you’re on an Interchange-plus rate plan, you pay the wholesale cost to run a transaction (known as Interchange) plus a provider markup. The wholesale cost is determined by the card brands (Visa, MasterCard, Discover and Amex) and accounts for the risk or rewards associated with the card.
Christina Lavingia
READ MORE