Merchant Account Fees
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
How Much Does It Cost to Process Credit Cards?
Partnering with a credit card processing company and payment services provider is a great option for growing your business and increasing revenues. However, when business owners first start thinking about accepting non-cash payments, the first question that comes to mind is, “how much does it cost to process credit cards?” What are the advatanges and
Stripe Merchant Account | Accepting Online Payments
E-commerce merchants looking for a seamless way to accept credit and debit card payments without having to use payment solutions from multiple companies should consider setting up a stripe merchant processing account. Stripe is one of the better merchant service payment providers in the world with a client roster that includes the following companies: Shopify
PayPal Merchant – Payment Solution for Business Owners
According to figures from Statista, there were over 256 million online shoppers in the United States in 2020. This figure is equivalent to 88% of the American adult population. When considering payment processing services, a PayPal merchant account provides easy approvals for many small businesses looking to accept payments online. Amazingly, the above-referenced numbers are
How Much is 40 Basis Points | Calculating Bps
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
What is a Stripe Account
A stripe account is an E-commerce merchants 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
Basis Points Conversion for Credit Card Processing Rates
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
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