Credit Card Processing Blog Posts | Page 13

How to accept credit card payments

How To Accept Credit Card Payments As A Small Business

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.

Read More
Mar 13, 2024 Filed under: Credit Card Processing

The Complete Guide To PCI Fees: How To Avoid PCI Compliance & Non-Compliance Fees (Plus How To Spot A Scam)

This article will discuss PCI compliance, why it’s important, and how your merchant services provider treats it. We’ll look at the numerous ways in which providers charge (or don’t charge) for PCI compliance services and what kind of services you’ll receive. We’ll also discuss the dreaded PCI non-compliance fee and how you can avoid ever having to pay it.

Read More
Mar 3, 2021 Filed under: Credit Card Processing, PCI Compliance

Shopify VS Square: 2024 Comparison

Shopify and Square both provide POS systems, but their full range of services offered encompasses so much more. In this article, we’ll be exploring these two companies, comparing their respective features, pricing, ease of use, customer support, integrations, and more.

Read More
May 24, 2024 Filed under: Credit Card Processing, eCommerce
What is a merchant services provider?

What Is A Merchant Services Provider?

Payment service providers (PSPs) streamline the process of obtaining credit card processing services by aggregating all users into a single merchant account. This eliminates the need for a lengthy underwriting process before a merchant can be approved for an account, but also increases the chance of a hold, freeze, or account termination. Your business will not receive a unique merchant ID number if you sign up with a payment service provider. Well-known PSPs include Square, PayPal, and Stripe.

Read More
Jun 15, 2023 Filed under: Credit Card Processing

The Best Fiserv Competitors: 6 Great Alternatives to Fiserv (Formerly First Data) Payment Processing

You are swearing First Data off forever, so it’s never getting another cent from you. You want options. We have good news — you do have options. These processors are almost as large as First Data, which means they might also not be easy to work with either. Fortunately, they also work with a lot of very good resellers that provide an excellent customer experience.

Read More
Feb 16, 2024 Filed under: Credit Card Processing
Retail credit card processor

6 Best Retail Credit Card Processing Companies For 2024

With so many payment processors available, how do you pick the one that’s right for you? We at Merchant Maverick believe that the best processor for one type of business is not always the best for another type of business. In this article, we’ll highlight a few great processors for just the retail sector, so at least you have a good place to start in your search.

Read More
Feb 20, 2024 Filed under: Credit Card Processing
interchange pricing fees

Interchange-Plus Pricing

With interchange++ pricing, your transaction statement will include three elements for each transaction: the interchange fee paid to the issuing bank, the card association fee paid to the card brand (e.g., Visa, Mastercard, etc.), and the processor’s markup fees. Note that card association fees are typically very low and do not constitute a significant portion of your credit/debit card processing fees.

Read More
Jul 18, 2023 Filed under: Credit Card Processing