Square Loyalty charges by the number of loyalty visits a business has each month. This can range from $45-$105 per month per location. Square can also give you a custom rate if you have more than 10,000 loyalty visits per month
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Once a merchant account has been set up, business owners can start accepting payments when customers use their credit cards to pay for a product or service. But what sets merchant accounts apart from other credit card processing solutions and how, exactly, do you integrate them with your business? Let’s quickly cover what merchant accounts are, how they work, and why so many business owners use them to accept cashless payments.
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Sep 7, 2023
Filed under: Credit Card Processing
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.
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Apr 21, 2023
Filed under: Credit Card Processing
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.
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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!
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Dec 5, 2023
Filed under: Credit Card Processing
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.
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Jan 29, 2020
Filed under: Credit Card Processing
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 […]
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Mar 30, 2020
Filed under: Credit Card Processing
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.
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Feb 22, 2024
Filed under: Credit Card Processing
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.
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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.
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Aug 15, 2023
Filed under: Credit Card Processing