Blog

Stay up to date with the latest industry news, tips, and tools! We'll do our best to keep you up to date with any industry changes that may affect your business. Knowledge is power!

The Birth of Credit Cards

Apr 20, 2020

As a merchant, you likely have a love/hate relationship with credit cards. Most merchants do. You love the fact that your client can pay you so easily. You love that your client can make a large purchase with you because they have credit and can pay off the charge over time. You love the convenience […]

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Merchant Account Tips

10 Random Tips for Merchant Accounts

Apr 8, 2020

Shopping for a credit card processor can be a daunting task if your understanding of merchant account pricing is subpar. Here are a few tips to assist you in the process. 1) Interchange pass through pricing is the best pricing structure for businesses! The pricing model known as interchange pass through (also called interchange plus […]

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Mobile Payment

Contactless Mobile Payments

Apr 6, 2020

Given the current COVID-19 situation, we have seen a rise in contactless payments. To prevent the transmission of the virus, consumers are using mobile wallets to reduce contact with credit/debit card processing terminals. Mobile wallets are apps on your phone that store payment information from credit or debit cards that allow you to use your […]

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Visa & MasterCard – New Chargeback Penalties

Apr 3, 2020

Visa and Mastercard both introduced new, lower thresholds to their fraud and chargeback programs in October of 2019 with stringent thresholds that may result in merchants shunning the risks of ecommerce transactions and facing fines and fees for excessive chargebacks. It’s important to understand mail order/telephone order transactions differ from ecommerce transactions and some of […]

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Level 2 and Level 3 Data

Reduce Rates with Level 2 and Level 3 Data

Apr 1, 2020

Lower Credit Card Processing Fees with Level 2 and Level 3 Processing The cost of accepting credit cards is one of the biggest expenses a business faces. It is an unavoidable cost of doing business in a society that rarely carries cash anymore. For any business processing more than $100,000 a month in credit card […]

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