Merchant Account
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
Merchant Account Collection Agency – Debt Recovery Merchant Processors
| July 22, 2021
Debt recovery can be a tricky business. Companies lose millions of dollars every year because of debts that are never recovered. This is particularly true for companies that prefer keeping good reputations and maintaining long-standing customer relationships, over recovering what they are owed. A debt collector often uses a merchant account collection agency business model
Merchant Account for Terminated Merchants
| July 21, 2021
The eCommerce marketplace continues to grow in leaps and bounds. With the recent change in the business climate, entrepreneurs are busy launching new types of products and services to accommodate these new online business opportunities like never before. Occasionally, merchant accounts are terminated and are put on a match list. A merchant account for terminated
Cryptocurrency Merchant Processing for High-Risk Merchants
| July 19, 2021
A cryptocurrency is a digital currency and unlike other digital currencies that came before it, generates a value not dependent on “fiat money”–the physical cash or different currencies that we all know and spend. Credit card processing merchants who are unable to receive standard approvals for their merchant services can now accept Bitcoin, Litecoin, Ethereum,
Nutra Merchant Accounts | Getting Approved
| July 16, 2021
Nutraceuticals are products derived from food sources that provide medicinal and nutritional benefits. No matter how beneficial taking vitamins and supplements may be, a nutra merchant account is extremely difficult to get approved for payment processing services. Nutra products by definition include herbal tinctures, vitamins, dietary supplements, genetically engineered foods, and even some basic items
Credit Card Reader for Phones
| July 14, 2021
In a United States bank survey of over 2,000 Americans, 50% of the respondents revealed they hardly carried cash around. Over 76% of them admitted they still carried money in their wallets but said it was never more than $50. To accommodate this marketplace, mobile merchants use card swipers or mobile credit card readers for
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 Accounts Online| Merchant Service Advice
| July 7, 2021
Getting an ideal high-risk merchant account provider is crucial for any business planning on accepting electronic payments in an unpredictable market space. Understanding the details on what is considered “high-risk merchant accounts online” will assist you in securing the correct payment processor for your high-risk online business. High-risk businesses operate in volatile industries. And because
Chargeback Process Explained | What It Means to Merchants
| July 5, 2021
The term “chargeback” is best described as a process where a cardholder disagrees with a specific charge on a debit or credit card and asks for payment to be reverted back to the card. During the chargeback process, the cardholder must provide compelling evidence of fraud or that a faulty product or service was received.
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