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…
Read MoreWhat are Merchant Account Basis Points?
Credit card processing is a complicated system of percentages, fees and points. In the article below we specifically focus on basis points and how merchant account fees are calculated using basis points. This will especially help in understanding how a processor uses basis points to generate fees. What is a “Basis Point?” In terms of…
Read MoreAll 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 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. Gathering this information is part of the merchant…
Read MorePCI 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. What is PCI Compliance? The official term for anything related to PCI compliance is Payment…
Read MoreHow the Address Verification System (AVS) Works
The Address Verification System(AVS) is a system used by financial institutions to help prevent fraudulent credit/debit card purchases. When a credit card transaction is processed through the payment gateway, the issuing bank will request the billing address of the card holder. This information is typically stored on the magnetic strip located on the back of…
Read MoreHow the Automated Clearing House Network (ACH) Works
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. The Automated Clearing House Network (ACH) plays a crucial role in helping businesses provide secure…
Read MoreHow to Accept Credit and Debit Card Donations for NonProfit Organizations
If you are a nonprofit organization looking for an easy way to collect digital donations, SecureGlobalPay can offer many unique solutions that will make it easy for your donors to give to your church or non-profit. Non-profits and religious organizations are able to simplify their donation process with Secure Global Pay’s faith based giving platform…
Read MoreLevel 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. 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 for a credit card to be processed. Level…
Read MoreMerchant Account Hardware and Software Guide
We’ve put together a quick guide on credit card hardware and software systems to help you find the right solution for your credit card processing needs. HARDWARE Credit Card Terminals A credit card terminal is typically used by businesses to process the in-store purchases that their customers make. The main purpose of a credit card…
Read MoreEcommerce/Online Payment Processing with a Merchant Account
The Internet provides so many opportunities for consumers to quickly find what they need. So many of your favorite big brands are easily accessible online. This means that you can do most of your shopping from the comfort of your home 24 hours a day 7 days a week. However, in a recent study, Redshift…
Read More