High Ticket
Is it Legal to Charge a Credit Card Fee? – SecureGlobalPay
Many businesses come to us asking whether it’s legal to pass on the processing costs to their customers. The short answer? Yes, but with some caveats. To give you a more nuanced answer, we have to delve into a web of regulations, types of fees, and best practices that merchants need to follow. So in
What is a Convenience Fee and How it Differs from a Surcharge
Over the past few years credit cards have become the most used payment method. For many businesses out there, this means high credit card processing costs — and lower profits. One common way merchants can reduce some of the costs associated with accepting credit card payments is to charge a convenience fee. In this article,
How to Implement a Merchant Surcharge Program
In 2022 alone, US merchants paid a record 161 billion in processing fees. As the number of credit card purchases continues to increase, it’s unsurprising to see more and more merchants implementing surcharge programs in an effort to lower their processing costs. Currently, it is estimated that 5-10% of US businesses who already accept credit
Dual Pricing in Credit Card Processing – No Transaction Fees
Rising credit card processing fees have been putting pressure on merchants for a while, and the landscape keeps getting worse. Towards the end of 2023, Wall Street Journal published how Visa and Mastercard plan to increase their rates, costing merchants an additional $502 million annually in processing fees. Learn how dual pricing merchant services and
High-Risk Merchant Accounts and Credit Card Processing
High-risk merchant accounts and high risk merchant processing services by SecureGlobalPay offer a lifeline for businesses that struggle to secure traditional merchant services because of the nature of their business, higher chargeback rates, or other risk factors. With over 25 years of experience, we look forward to speaking with you. If your business falls into
Level 3 Merchant Processing – Everything You Need to Know
Level 3 merchant processing is an advanced payment processing solution that provides businesses with higher levels of security and data to help them make smarter decisions. Certain level 3 credit card processing requirements are ideal for large corporations, including state and government-owned businesses, that process a high volume of transactions. Level 2 and level 3
High Ticket Coaching Merchant Processing – Payment Solutions
The high ticket coaching merchant processing industry is a niche sector that provides merchant accounts to high-risk businesses processing high transaction amounts. Payment gateways for high risk business are often more tailored to specific needs allowing these merchants to process transactions without interruptions. However, there are also many similarities between low-risk and high-risk merchant services
Why You Should Use Online Merchant Services Canada
Online merchant services Canada (OMSC) can help secure the future of your business in this region. With digital payments becoming more common, working with the proper online merchant service providers in Canada will help your business scale quickly and efficiently. But many small business owners are hesitant to set up an account with online merchant
High-Risk High Volume Merchant Accounts
High-risk and high-volume merchant accounts are customized payment solutions with intelligent transaction routing and multiple merchant account payment processing. These specific merchant accounts mostly serve enterprise-level merchants that continuously need to scale and diversify their payment processing needs. That’s probably not surprising to anyone, as most people reading this know very well that there are
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