Overview: GoPago became an idea in CEO Leo Rocco’s mind way back in 2007 when he missed Barry Bond’s record-breaking home run while standing in line at a concession stand. The experience made such an impression on Rocco that he set out to create a merchant point of sale solution that would allow customers to […]
Whether you’ve quit your day job in order to operate a jewelry or specialty food business online or are looking to earn extra income by selling vintage clothes or merch for your band, there are several ways for your creative company to start selling online. Maybe you’ve been filling orders on Etsy for a little […]
One of the most confusing billing methods in the credit card processing industry today is the billback (BB) method. Chances are, you don’t even know what it is. What’s worse is that billback spawned itself an offspring called enhanced billback (EBB), which is even more complex than the original. To add even more confusion, the […]
As a business owner – whether of a retail establishment or an online store – you know that credit card processing fees eat into a big slice of your profits. Just glancing at your merchant account statement each month could send you into a dizzying spin of frustration – especially when you see those outrageous Mastercard and Visa downgrade fees costing […]
We’ve all been there – swindled into a contract that we never should have agreed to in the first place. Fine print and loaded statements make it difficult to decipher the early termination fees we’re accepting, yet we sign on the dotted line anyway. It isn’t until we decide to cancel our contracts that buyer’s […]
You own your own business, so chances are…you’re a risk-taker. But there are some areas of your company that are better served by precaution than chance. Namely, your credit card processing limits are nothing to mess around with. If you decide to go out of bounds on your monthly or individual processing limits, you could […]
Credit card processing is traditionally thought of as an at-the-counter transaction, where a merchant takes hold of a person’s credit card and swipes it at the register. The problem with this setup is that mobile merchants (those who rarely hang out near a register) don’t have an easy way to accept anything but cash. Enter […]
Another year down for Merchant Maverick = Another year that went by way too fast. As always, we want thank all our readers for making this site what it is. Our goal from day one has been to educate, inform and allow room for open discussion. Hopefully we’ve met that goal. In the past year we’ve… […]
I’m happy to announce that Merchant Maverick is no longer a one-man show. I’ve added a new team member (shout out to Justin) who’s going to be tackling the wonderful world of POS (point-of-sale) for us. It’s a lot of work, but somebody’s gotta do it. I’m glad it’s him, because I’m already way too […]
How good would it feel to not have to pay any interchange fees? You know, that 2-7% that you pay your credit card processor every time you run a transaction. Well, Iowa based Dwolla can help with that. Founded in 2009 by Ben Milne and growing at an enormous rate, Dwolla is looking to become […]
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We Recommend Lightspeed POS 🏆
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