How to tell if a processor is not worth your time
The rates and fees you pay are determined by a number of factors and high risk businesses can expect credit card processing fees to start around 3.5% for an established business in a “less risky” high risk category. Costs can rise to 10% or more with the highest rates coming from the most risky industries […]
How do you compare high-risk processors? What is the criteria
When dealing with high-risk merchants, you will need a special account; after all, the processor is the one that is liable for any issue that may occur due to the clients’ increased transactional risks. High risk clients must also be aware that the risks involved with running and maintaining their account is calculated in a […]
Do You Need Merchant Account Services for Your Collection Agency?
We are the unusual business account management provider able to partner with collection agencies. We work with high-risk companies to provide payment processing systems that are hard to find somewhere else. We allow credit and debit card fees for debt collection agencies, debt buyers, corporate collection agencies, and other debt collection companies and industry segments. […]
How to increase your credit card processing limits
Since you own your own business, you are probably one for taking risks. However, there are many areas of your business that are best served with precaution than chance. Your credit card processing limits is one of them. If you decide to go over your monthly processing limit, you could be liable to pay a […]
How to choose the best payment gateway for my business
If you are running an online business then you probably need a gateway to accept payment. Choosing the right gateway may be confusing but there are so many different things to consider. Even though there are so many options available, your choice is very important. What Is A Payment Gateway? A payment gateway is a […]
9 Tips for Building Your E-Commerce Website
E-commerce is a sector that progresses in parallel with technological developments and continues to grow extremely rapidly. It is seen that some brands dominate this area in the world. However, by using the right marketing technique, small e-commerce sites can also reach their goals in the sector they are in, with faster steps. At this […]
5 of the best mobile payment apps available today
Mobile apps allow people to make payments without making contact. They have become common since the introduction of Near Field Communication (NFC) and have turned smartphones into an electronic bank card. Just like with debit and credit cards, the mobile payments also have limits and have fees too. These may not always be known to […]
What’s the Impact of COVID -19 on the Payment Industry?
Saying that the coronavirus contagion has affected every industry would be an understatement. Its butterfly effect on the money flow is enough to contaminate the present and prospects of the global digital payments market. It is understandable to non-specialists, too, that payments directly depend on transactions, and transactions depend on the spending power of individuals. […]
What’s the Difference between Chargeback vs. Refund?
A chargeback is a process of returning the amount paid to the relevant credit card if the goods or services that are paid by credit card but are not received in return, or when transactions have not been carried out by the cardholder are detected. Refund is a process that works in the form of […]
Which are the best processors for 2021?
It may be difficult to find processors for high risk businesses. Many large merchant account providers will refuse such transactions so this limits the options that are available. With so few available processors, merchants often sign up with the first available provider, without even considering whether they are getting everything that they need. Later on, […]
