Merchant Account Fees
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
Stripe Merchant Payment Processing for Online Businesses
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
Credit Card Processing | How to Calculate Basis Points
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
Understanding how pricing and payment processing work in the credit card industry can be confusing. Learn how to convert basis points to a percentage rate and properly calculate bps when reviewing your merchant pricing. For business owners with no idea how to calculate basis points into a percentage rate, it can become a muddled mess
Dispensary Credit Card Processing Solutions
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
Cashless ATM Dispensary Payment Solutions
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 products. Dispensary
Credit Card Brand Fees & Credit Card Fees
Processing credit card transactions for your online business involves overcoming numerous obstacles. You must maintain good records, provide solid customer service and be prepared to deal with the challenges posed by fraud, theft and chargebacks. You must also be able to understand your payment processing fees. Understand payment processing fees in general and the difference
PayPal Merchant Account Requirements?
PayPal was the first to offer an alternative payment method for online sales back in 1998. Because users did not need a credit card to make purchases, it quickly became their favorite way to buy and sell for online auctions. eBay users drove its popularity in the early days and things just took off from
Do I Need a Merchant Account for Stripe?
A merchant account, or merchant processing account to give it a better name, is the term most commonly used for accepting credit card payments similar to Stripe. Funds cannot be paid directly into a business’s bank account. Instead, they must first be processed through a merchant account before being paid via ACH into the merchant’s