My credit card processor shut me down, what do I do?
If you have ever had your credit card declined, you now it can be quite frustrating and even embarrassing. When this happens, chances are that you already have a debit or credit card to finish checking out. However, once you have finalised your purchase, it is a good idea to find out why your payment […]
Merchant Accounts for CBD and Other Things to Look For
Running a business these days requires the capability to accept and process card payments, whether they be debit cards or credit cards. This is especially true for people who run an online business as this is one of the main payment options available on this medium. With CBD becoming a more popular product, many retail […]
How to Integrate a Payment Gateway to Your Online Business?
The most important points of sales times on e-commerce sites are the payment parts. Other situations that may occur in payment systems will have a negative effect on your sales. Alternative payment methods on the website to be established by a company that is considering starting an e-commerce business must be compatible with each other. […]
10 Ways to Prevent Chargebacks
The international Virtual POS terms of use with which banks work together give customers the right to object to their banks in payment transactions. A customer has the right to appeal to the bank for payments made from a debit or credit card. We’ll tell you about these rights in 10 ways to prevent chargebacks. […]
A Step-By-Step Guide to Creating a Payment Gateway
The modernization of the barter system will not be free from metaphors. Speaking of symbolic references, one can easily regard payment gateways as a modern-day cash register, only digital. We can also see it etymologically – a gateway with added security points rather than a pen-and-paper trade that cannot be free of manipulations. Why Should […]
The Ultimate Guide to Decoding Payment Processors
Payment processors serve as middlemen for companies and financial agencies, allowing both online and offline merchants to embrace various payment methods. Payment processors check the legality of a contract in real-time by calling the customer’s issuing bank. While using a payment processor costs money, the more payment options a company supports, the more consumers it […]
Stripe Vs. PayPal Vs. Square: What’s The Big Difference?
PayPal, Stripe, and Square are some of the most prominent names of the payment industry. They are the top players, and choosing one of them is pretty challenging. So, where does a business owner start when deciding between Stripe, PayPal, and Square? Before diving into the big difference between PayPal, Stripe, and Square, let’s have […]
Merchant guide and credit card transaction fees
With business transactions involving credit cards, processing fees take a bite out of the total profits made. Credit card processing fees can be somewhere around 2% of every purchase. Businesses have some power to minimize their costs by shopping for payment processors that are more affordable. In order to shop around for processors, you need […]
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 […]
