Credit Card Processing
How Much is 40 Basis Points | Calculating Bps
| September 22, 2021
Accepting credit card payments for your business comes as a cost. How much is 40 basis points? Read below and we’ll help you understand what you are paying in Bps processing fees when being charged interchange plus pricing for your merchant services. Pricing for merchant services can seem confusing. Merchants need to realize that getting
Merchant Account Vs Payment Gateway | What’s the Difference?
| September 15, 2021
One way to get the most out of your online business is to choose the best payment processing options available. Knowing the difference between a merchant account vs payment gateway will help you better understand merchant services and payments in general. Running a successful e-Commerce business entails handling digital transactions that are seamless and secure
What is a Stripe Account
| September 8, 2021
A stripe account is an E-commerce payment gateway and credit card processing solution with 3rd party applications for small businesseses. What does Stripe do? Stripe is one of the biggest providers in the online payment processing industry. They assist small business merchants with accepting credit cards via their payment processing platform. With over 100 million
Basis Points Conversion for Credit Card Processing Rates
| September 6, 2021
Business owners have many things to worry about when it comes to successfully running a business. However, accepting credit card payments while truly understanding the costs associated with merchant services in general should be of significant importance. Learn how the basis points conversion calculation helps determine the actual percentage rate paid when accepting payments for
Stripe Credit Card Processing–a Beginner’s Guide
| August 23, 2021
Stripe credit card processing is a platform for small to medium size businesses. With point-of-sale solutions, developer tools, checkout forms, machine learning and no monthly fees, Stripe has proven to be a favorite choice for many entrepreneurs and start-ups processing under 25K per month in sales. When a customer pays for a product online, the
Merchant Gateway: How It Benefits Your Business
| August 16, 2021
Running a business can be overwhelming, especially for start-up business owners. Deciding on a financial institution for merchant services can be equally daunting. When making these decisions, today’s merchants often use a merchant gateway solution that acts as a point-of-sale system allowing businesses to accept payments via multiple channels. Thanks to the pace of technology,
Stripe Merchant Payment Processing for Online Businesses
| August 13, 2021
In the simplest terms, Stripe is a payment processor that supports the electronic transfer of funds from an issuing bank (customer’s bank) into an acquiring bank (merchant’s bank). A Stripe merchant tends to be a small business, processing under 25K in monthly volume that use Stripe payments for online bankcard acceptance. Stripe is a third-party
What is a Merchant ID used for in Card Payment Processing?
| August 6, 2021
Processing credit and debit card payments is a must-have for any business looking for sustainability and profitability. But to do this, merchants need to find a way of making sure transactions are secure, conveniently processed, and their funds are deposited as soon as possible. SecureGlobalPay offers state-of-the-art payment solutions, next day funding and same day
Credit Card Processing | How to Calculate Basis Points
| July 8, 2021
Occasionally, a lot of effort must be put into negotiating with a credit card processor if you are looking for the best overall deal. Price should never be the most important factor. However, understanding the units of measure used to determine what you pay is of utmost importance. Learn how to calculate basis points and
How to Calculate Bps With Interchange Plus Pricing
| June 18, 2021
Understanding how pricing and payment processing works in the credit card industry can be very confusing. Learn how to convert basis points to a percentage rate and properly calculate bps when reviewing your merchant pricing. For business owners who have no on how idea on how to calculate basis points into a percentage rate, it