Merchant Account Glossary Terms
What is Micros аnd How Dоеѕ It Integrate with Poynt?
When discussing Micros аnd How It Integrates with Poynt, we need to focus a bit on some history merchant processing history. MICROS-Rеtаil, thе retail solutions division оf MICROS Systems Inс., is thе lеаding provider оf соmрrеhеnѕivе, bеѕt in сlаѕѕ ѕоlutiоnѕ fоr the wоrldwidе retail аnd dirесt mаrkеtѕ, enabling mеrсhаntѕ tо deliver оn thе сuѕtоmеr еxреriеnсе
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
What are Merchant Account Basis Points?
Credit card processing can often be a complicated system of many different card types, interchange pricing, interchange fees, percentage rates, and basis points. In the article below we specifically focus on basis points, also referred to as BPS or Basis Point Percentage. Let us show you how merchant account fees are calculated using basis points.
All About Merchant Account Underwriting
In order for your small business to process credit cards, most merchant account providers will have you go through a fairly detailed merchant account underwriting and application process. This will help to determine the type of risk factors your small business may pose to the merchant service provider and sponsoring bank. Learn what it takes
PCI Compliance Guide
If you own a merchant account, then it is most likely you are familiar with the term “PCI Compliance.” It is also just as likely that you may not know exactly what PCI compliance has to do with your business and why we created this easy to understand PCI Compliance Guide. What is PCI Compliance?
How the Address Verification System (AVS) Works
The Address Verification System (AVS) is a system used by financial institutions, sponsoring banks and payment processor’s to help prevent fraudulent credit and debit card purchases. When Card Not Present Transactions are processed through the payment gateway, the issuing bank will request the billing address of the card holder. This information is typically stored on
How the Automated Clearing House Network (ACH) Functions
The use of credit/debit card processing has skyrocketed over the last decade. Accepting credit and debit cards through mobile phones, tablets and computers has made it extremely convenient for businesses to offer payment processing services saving them time and money. One of these services is the Automated Clearing House Network. The Automated Clearing House Network (ACH)
Level 2 and Level 3 Credit Card Processing for Business or Government
SecureGlobalPay offers many different merchant account solutions for those who need processing for business-to-business and government-to-business credit and debit card accounts, including Level 2 and Level 3 Government Purchasing Cards. Credit card processing generally falls into three different categories: Level 1, Level 2, and Level 3. Each level designates how much information is needed in order
The Basics on Merchant Account Fraud Prevention
Learning to recognize suspicious or unusual activity ahead of time, is the best fraud prevention against online credit card and debit card risk. We highly recommend that you be vigilant in checking your merchant account statements often for possible fraud charges. If you notice any transaction that looks in any way suspicious, we ask that