Credit Card Processing Blog Posts | Page 12

Most people have heard of the tagline “Pay with PayPal.” If you’ve ever bought or sold anything online, you’ve probably used PayPal, not just as a buyer but also as a seller. PayPal’s fees have become more complex over time, so this article has gathered all that information for easy reference.

In this article, we’ll discuss the factors to evaluate when considering an offshore merchant account and several special features that you’ll want to include in your service. We’ll also profile four offshore merchant processing providers that we feel offer superior service and overall value in comparison to their competitors.

When you accept credit cards as payment, you are always charged a fee for processing. We’ll show you how fees work, which ones are mandatory, and which ones you can negotiate away or just skip by finding a great processor!

Knowing your effective rate helps you understand what you actually pay for credit card processing. Here’s how to calculate it, and use that information to find the best rates on merchant services.

After you’ve worked through the details of your 2-3 consecutive statements, it’s worth repeating your effective rate calculation on each one, just to ensure you didn’t miss any charges. You may have also spotted an extra or padded fee here and there that you’re ready to confidently take up with your MSP. You should also be able to locate any anomalies that occurred during a given month (e.g., excessive penalty fees, chargebacks, one-time incidental fees, etc.) that may have impacted your effective rate.

B2B payments work different than B2C, but If you’re still waiting months for paper checks to arrive in the mail, it’s time to re-evaluate your payments setup. Here’s what you need to know about B2B credit card payments and other electronic payment methods.

Credit card machines have evolved from having little more than simple transaction processing capabilities to today’s high-tech devices with color touch screens, multiple displays, and the ability to install additional software apps to help your run your business.

In a perfect world, you’d be able to take a series of proactive measures that would protect you from ever having to deal with chargebacks. Unfortunately, they’re an inevitable part of running a business that you’ll have to deal with sooner or later. For most merchants, chargebacks will only be an occasional irritant. For others, a high chargeback rate can lead to your business being classified as a high-risk merchant or even having your merchant account frozen or shut down. While we can’t make your business 100% chargeback-proof, we can help you to minimize their frequency and offer some tips on dealing with them when they inevitably occur.

Cashless stores are becoming a hot trend in the retail world as both technology and public health trends impact commerce. Consumers are carrying less cash these days, and digital, cashless payment technologies are becoming more prevalent. Keep reading to learn about the best cashless payment solutions that make it easy for your business to go cash-free.

More and more, and especially with the younger crowd, people just don’t carry cash anymore. To do business at all, small businesses need to be able to take some sort of payment card, be it debit or credit. Taking credit card payments can get expensive and complicated, but we’re here to help break it down for you.