If you’ve been turned down for a merchant account because of bad credit, don’t panic. Here’s what you need to know about what role credit scores play in payment processing, plus the best ways to get a merchant account for your small business.
With a company such as Global Payments, the name speaks for itself. It’s common knowledge that Global runs a large, successful, highly capable payment processing business. This is not a fly-by-night operation. However, just because a business is successful does not mean that it’s a good proposition for all of its customers.
Despite intense demand from consumers to be able to use their credit cards at a marijuana dispensary, there is currently no legal, secure method to accept credit cards for cannabis sales. There are, however, viable alternatives to operating on a cash-only basis, which this article will discuss in detail.
Durango Merchant Services stands out from the crowd by offering fair pricing in a segment of the market that’s notorious for charging highly inflated prices and invariably provides excellent solutions to complex merchant situations.
ProPay is a curious service that targets very large organizations as well as micro-merchants, with eCommerce tools and a mobile POS app. It’s even a favorite of direct selling organizations, such as Mary Kay. See whether ProPay’s features and pricing are right for you.
Pros Interchange-plus pricing available Offers 24/7 customer support Cons Tiered pricing for most merchants Three-year contract with early termination fee Pattern of misleading sales practices Website offers very little information about products and services Overview Headquartered in Levittown, New York, USPAY Group is a small merchant account provider that specializes in serving the health care […]
If you accept credit card payments, at some point you’re going to encounter the term “rolling reserve” — read on to find out what a reserve fund is, how likely you are to face one, and how to keep your business afloat in the worst-case scenario.
Overview: Capital Merchant Solutions (CMS) is a merchant account provider headquartered in Bloomington, Illinois. First established in 1997 as a paper check processor, they’ve expanded into a full-service merchant account provider, covering credit card payment processing, eCommerce, and mobile payments. CMS operates a number of different websites, each aimed at a particular aspect of their […]
Merchant One has a number of features that help it stand out from its numerous competitors in the merchant services industry. However, the company’s standard three-year contract and the potentially expensive early termination fee that comes with it are not so great.
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