High Volume
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
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
Gun Merchant Accounts for Firearm Dealers
| August 26, 2021
With over 393 million firearms registered in the United States, America is by far the wealthiest nation in terms of gun ownership. The firearms and ammunition industry made $63.49 billion in 2020. Gun merchant accounts for the firearms industry are in high demand and gun-friendly credit card processors are here to assist. If every man,
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,
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
Dispensary ATM Services | Cannabis Payment Solutions
| July 26, 2021
Many states in the US have legalized cannabis for recreational or medical use. To help maximize revenues, many of these dispensaries now use cannabis payment processing solutions over cash payments. Dispensary ATM Services are used when cannabis dispensaries use point-of-banking technology and cashless ATMs to accept these cashless payments. Colorado started the whole movement in
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
High-Risk Merchant Services – Making The Right Decision
| July 2, 2021
If you are a high-risk merchant, it is important to know the merchant account service best suited for you. Knowing the right high-risk merchant services provider will have a positive effect on your business when accepting high-risk card payments. Against popular opinion, not every merchant account provider is capable of properly handling high-risk business transactions
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