Payment Processing Tips
What Interchange Rate Increases Mean for Your Business
Merchants, your credit card rates might be going up in April. Both Visa and Mastercard are preparing to raise the costs that many companies pay when consumers use their credit…
The 4-1-1 on the Consumer Credit Fairness Act
A new NY law – the Consumer Credit Fairness Act – directly affecting debt collectors in the state starts to go into effect on April 7, 2022. What does the…
Get Your Ducks in a Row with a Redundant Merchant Account
Did you know that one in four businesses experience a payment processing outage each year? For high-risk businesses, this can be disastrous. A payment processing outage can mean lost sales,…
High-Risk Industry Spotlight: Online Pharmacy
The online pharmacy industry is rapidly growing, and along with it, the need for reliable payment processing solutions. Unfortunately, this industry is also considered high-risk by many banks and financial…
5 Must-Haves For CBD Payment Acceptance
CBD and hemp businesses have a unique set of challenges when it comes to payment processing. Because CBD is still classified as a Schedule I drug by the federal government,…
Surcharges vs. Convenience Fee: What’s the Difference?
High-risk merchants can expect to pay more in credit card fees than their low-risk counterparts. One way to reduce the cost of merchant processing is to assess a surcharge or…
Get Rid of Pesky PCI Non-Compliance Fees
If you’re in a high-risk industry, such as collections, CBD, travel, or even e-commerce, you know how expensive payment processing can be. On your monthly processing statement, one fee you…
A Guide to Online Payment Processing
If you’re an e-commerce business owner, you know that taking payments is essential to your success. But did you know that there are many different ways to process payments? This…