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Merchant Statements
So, you’re on the hunt to answer the question 'what is a merchant account?' No sweat, we’ve got you covered.
READ MOREWhether you’re setting up a merchant account or reviewing your merchant statements, there’s a lot of terminology around merchant account fees. Below, we list and define the most common terms you’ll encounter.
READ MOREA common, but costly, mistake is assuming that the best merchant services offer the lowest rates. Trading quality service and security features for rock-bottom pricing can come at a high expense when your business is on the line. The most accurate indicator of a top provider is not fees and rates, but whether it offers proven solutions to help your business grow.
READ MOREIf you’re eager to start processing credit card transactions for your business, you’ll need a merchant account. It's essentially a line of credit that enables a business to process credit and debit card transactions.
READ MOREIndependent sales organizations (ISOs) are companies that manage the sales and marketing of credit card processing products and services. Unlike Payment Facilitators, which provide one shared merchant account to all of their customers, ISOs underwrite each business they work with to provide them with an individual merchant account. ISOs are synonymous with Merchant Service Providers.
READ MORECollecting a signature for a payment is pretty straight forward, right? You print a receipt, the customer signs it, you file the signed receipt and you’re done. Sure this works, but there are so many downsides to collecting signatures on paper receipts, including chargebacks, costs and damage to the environment.
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