Here at Merchant Maverick, we’ve received countless questions over the years from concerned business owners regarding their merchant account statements. In fact, our website owes a large part of its very existence to the complex pricing, convoluted statements, and hidden markups that are hallmarks of the card processing industry. This is the unfortunate state of […]
Business owners today know that it’s more important than ever to be able to accept credit cards. Customers carry less cash, and rely on credit and debit cards for the majority of their purchases. If you’re an eCommerce merchant selling online, taking “plastic” is just about your only option. Unfortunately, you can’t accept credit cards […]
Business-to-business (B2B) transactions have been around forever, but with the dramatic increase in credit card usage by corporations, they’ve also become a lot more complicated to deal with for merchants who process them. Traditionally, businesses made their purchases by placing an order in person, through the mail, or over the telephone. The merchant would then […]
Trying to choose the best credit card processing company can be overwhelming. This is especially true when you are a new small business owner who has never even heard of a “merchant account” before — but the truth is that even seasoned CEOs can get dizzy while researching the payment processing industry. (Trust us, we’ve […]
When you scan or insert your debit or credit card at the mall or your local convenience store, you probably don’t put a lot of thought into what type of machine is reading and processing your payment. And really, why should you? To consumers, they’re all pretty much the same (except for maybe those machines […]
Honestly, every time I turn around Square has introduced something new. (As I’m the person who maintains our Square review, you can see why I might find this just a tad frustrating.) On the one hand, it is absolutely amazing that Square is so committed to rolling out new features for merchants. On the other, just […]
We don’t typically think about what happens in the moments after we swipe our debit and/or credit cards. More often than not, we simply run or insert our card into the credit card machine and hope that the cashier doesn’t use the next few moments to initiate small talk. The number in our checking account […]
So you’re a merchant and you want to start an ecommerce business. That’s great! You’re going to need, at minimum, three things: Products/services (of course), a website (obviously), and an online credit card payment processing company. Not just any old merchant account or credit card payment processor will do. You need one that’s tailored for […]
It’s safe to say, Stripe (read our review) has done a lot to change the way people pay online, and it’s opened up the potential for merchants all over the world to sell online and reach customers almost anywhere. The company has grown massively over the years, to the point that Stripe says there’s an […]
If you’ve been operating for any length of time, you know that dealing with chargebacks is one of the most frustrating aspects of running a business. Originally designed as a consumer protection measure, chargebacks have become a two-edged sword that can, under the wrong circumstances, hurt your business and cost you a lot of money, […]
