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Merchant Surcharge – What is It and How Does it Work?
Merchant surcharge rules are contentious and continue to be a source of debate in the United States. A merchant surcharge program allows for a convenience fee that a business may charge its customers in addition to the base price of an item or service when paying via credit cards and debit cards. Merchant surcharges are
Cash Discount Merchant Processing – Benefits and Savings
When you’re running a business, it can be difficult to know which strategies are going to help you sell more. Depending on your business type and the merchant services program you are looking for, a cash discount merchant processing might be an effective way to increase sales and reduce processing fees. Here we explain how
How to Read a Payment Processing Statement
The payment processing statement is perhaps the last thing you want to see when you spend your day owning or managing a business. Learn how to read your merchant card payment processing statement by identifying a few key components before requesting a statement analysis from your payment provider. Your merchant card processing statement is a
High-Risk Pawn Shop Merchant Processing – Is My Business Considered High Risk?
A pawn shop is a business that offers loans to clients in exchange for valuables such as gold, electronic gadgets, or jewelry. Typically, the customer gives the valuables as collateral for the loan they receive. The nature of the pawnbroker business model makes it high-risk and, therefore, difficult to obtain pawn shop merchant processing payment
Pawn Shop Merchant Account Services
A reliable payment processing provider can be the perfect addition to your pawn shop or pawn broker service. A pawn shop merchant account provider specializes in high-risk merchant accounts. A seasoned payment provider will make it easier for your business to accept non-cash payments. Accepting credit cards and debit cards, with other payment options like
CBD Oil Merchant Processing Account – High-Risk Payments
Hemp is federally legal in the U.S. This is possible because hemp contains less than 0.3% of THC, the substance in marijuana that causes a high. Even though hemp, and by extension CBD oil, has been legalized, CBD oil merchant processing is still considered high-risk. Merchants have a difficult time getting approved to accept CBD
High-Risk Escort Merchant Services – Discretion is Key
The escort industry has gained immense growth in recent years. It offers lucrative business opportunities for anyone with knowledge of providing escort services. There are, however, some obstacles you have to take into account, mainly regarding the difficulties in obtaining escort merchant services. All adult merchant accounts are considered high-risk, and most financial institutions will
Everything About CBD Oil Online Payment Processing
The CBD oil industry is worth $3.7 billion. That number will increase to $5.3 billion by 2025. Despite the lucrative market, merchants still face challenges in finding CBD oil online payment processing solutions. Banks, third-party processors, and merchant aggregators like PayPal refuse to work with CBD oil merchants because of the high risk involved. This
How to Secure High-Risk Tobacco Merchant Services
For a long time, the tobacco merchant industry has remained one of the most lucrative and profitable industries in the world. Despite the politics surrounding the industry and prevailing concerns about health effects associated with long-term smoking, tobacco merchant services are still available to merchants seeking to capitalize on this muti billion-dollar enterprise. SecureGlobalPay has
Tobacco Merchant Services – Choosing a Payment Processor
Tobacco merchant services include everything a tobacco and cigar company needs to accept and process debit or credit card payments for online and in-store transactions. SecureGlobalPay provides payment solutions for tobacco sales, including POS hardware and mobile credit card readers, as well as payment gateway software for online tobacco sales. If a business owner in