High Volume
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
High Risk Merchant Providers Reviews
| June 3, 2021
There are over 1.06 billion credit cards currently in circulation in the United States with at least 108 million transactions taking place every day. Many transactions usually considered lower risk are currently being processed by high risk merchant acquirers. Learn how to properly vet a high risk payment provider by their high risk merchant provider
Dispensary Credit Card Processing Solutions
| May 27, 2021
The CBD industry continues to grow in leaps and bounds. With more countries passing laws legalizing the use of marijuana and other CBD products for medical and wellness reasons. The opportunities seem endless and having the proper cannabis payment processing solution is crucial for success. Dispensary credit card processing solutions and cashless ATM payments by
Merchant Provider Deplatforming
| January 21, 2021
The Challenge to the Public Square Social media providers like Facebook and Twitter have pioneered a whole new definition of what constitutes ‘the public square.’ The concept of a town square, where individuals can go to proclaim their thoughts and concerns, is an old one. It is rooted deeply in our pre-industrial past. It is
Cashless ATM Dispensary Payment Solutions
| January 16, 2021
Cashless ATM – How do I Get One for my Dispensary? The trend of decriminalizing and legalizing marijuana for recreational use has proven a business boom. Cannabis dispensaries are now a common sight in most cities. Both recreational and medical marijuana users can now be found visiting your local marijuana dispensary to obtain product. Dispensary
What is a Cashless ATM Processor?
| January 6, 2021
What is a Cashless ATM Processor? Cash transactions still lie at the heart of the retail world. Most business days, payment processing can take a variety of forms. These can be anything from card payments via pin-based debit cards, to cash purchases or even contactless payment transactions that require a credit card processing solution. A
Cannabis Dispensary Payment Processing
| January 3, 2021
Accepting Payments at your Dispensary 2020 was a watershed year. A great many changes have hit western society. In addition to political and economic changes, growing acceptance of smoking cannabis as a recreational alternative to alcohol has emerged. Still, the search for high-level merchant services and the ability to accept credit card payments is not
Intelligent Payment Gateway Routing
| December 28, 2020
What Payment Gateway Should I use? Merchants seeking to process online payments face a variety of hurdles. The main hurdle to overcome is the challenge of how to route transactions effectively when accepting payments. Intelligent payment gateway routing is key to running your higher risk or hard-to-place business type. Better manage chargeback ratios and create
Do Multiple Applications Hurt My Chances of Approval?
| November 18, 2020
Do multiple Applications hurt my chances of Approval? In a previous essay, we discussed the benefits of applying for and maintaining multiple merchant accounts. Multiple MID’s provide business owners with several advantages when it comes to payment processing. Having multiple merchant accounts can be the difference between successfully running an online high-risk business or absolute
What is a Multi-Merchant Payment Gateway?
| November 4, 2020
The ability to process payments is fundamental to any business. Merchants who are unable to process payments do not remain in business long. The ability to process payments online requires a live merchant account and a payment gateway. Merchant accounts can be difficult to obtain and can be suddenly closed down for a variety of