Merchant Account Glossary Terms
High-Risk Merchant Account Instant Approval – Myth or Reality?
When choosing a payment processing provider, do not be swayed by claims that they can instantly approve your high-risk merchant account. Simply put, a high-risk merchant account instant approval does not exist — at least not in the true sense of that word. To help expedite things, you’ll need a well-seasoned and reputable payment service
High-Risk Merchant Processing Accounts for Businesses
All business ventures come with an amount of risk; but some businesses pose a bigger risk than others. SecureGlobalPay high-risk merchant processing specializes in the approvals of high-risk category merchant types with high chargeback ratios. Businesses that pose a higher risk than others are usually businesses associated with a high percentage rate of chargebacks and
High-Risk Payment Processors – Factors to Consider
High-risk payment processors are those top-shelf acquirers that process payments for merchants that have a higher risk of chargebacks, fraud, and other potential problems. High-risk merchant payment processing is a specialized niche and working with seasoned professionals is always a merchant’s best chance of approval. High-risk payment processors primarily focus on high-risk high volume merchant
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
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
Chargeback Protection: How to Prevent Disputes
Each transaction involves a certain amount of risk. Purchasers often risk dissatisfaction or disappointment upon receiving a product or service. And merchants always risk the possibility of a customer dispute or fraud. Learn the fine art of Chargeback Protection and How to Prevent Disputes. This risk is not always dependent upon the type of business
How Much are High-Risk Merchant Account Fees?
Many businesses may seem totally safe and uncomplicated to you and me. However, some of these business types can often be considered high-risk by sponsoring banks and credit card processing companies. A better understanding of high-risk merchant account fees when entering into a merchant agreement will go a long way. High-risk merchant account fees and
All About a Terms and Conditions Page for Your Online Store
If you have any experience with building an online store, then you are most likely familiar with a Terms and Conditions page. Whether you are a small business selling a few products online or a large corporation with multiple websites, a Terms and Conditions statement gives your customers rules to follow when using your website.
All About a Merchant Account Privacy Policy
If you have applied for an online merchant account, you have most likely been asked to submit a website privacy policy to your Merchant Account Provider. It surprises many of our customers when they learn that a privacy policy is one of the required documents that must be on the website before they can receive