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 Blog Posts | Page 23
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 […]
How To Get A Merchant Account With Bad Credit: Navigating Credit Checks, The 5 Best Processors, & More
If you’ve been turned down for a merchant account because of bad credit, don’t panic. Here’s what you need to know about what role credit scores plan in payment processing, plus the best ways to get a merchant account for your small business.
As 2011 comes to a close, and credit card processors scramble to get their
Back in January I interviewed Adam Pflaumer from EP Consulting. Adam is a consultant that helps merchants lower their credit card processing fees, in most cases, without having to switch to a new provider. In that interview Adam also talked about an ebook that he’s been working on. That ebook has been released, so if […]
The short answer is yes, but there’s more to it than that… The Statistics According to the U.S. Census Bureau, there will be a projected 181 million credit card holders living in the country this year. That’s over half the population. I could get into even more detail about the numbers, but it’s pretty obvious […]
The other day I was reading an article over at Transaction Trends called “Managing Problem Merchants.” If you feel like putting yourself in your ISOs shoes for a bit, give it a read. As much as we like to think that we’re always 100% right, and that we should do everything in our power to […]
There are so many processing companies, they all seem to be doing more or less the same thing, and they all have both glowing testimonials and terrible complaints. How are you supposed to choose the best company under these circumstances? Who can you trust? Read on for a look at the best credit card processing companies for small businesses.
The Complete Guide To Surviving Rolling Reserves (Plus, 4 Smart Tips To Manage Your Cash Flow In A Crisis)
If you accept credit card payments, at some point you’re going to encounter the term “rolling reserve” — read on to find out what a reserve fund is, how likely you are to face one, and how to keep your business afloat in the worst-case scenario.
One of the toughest things to understand about the merchant account industry, is the actual industry itself (i.e. how it operates, who the players are and what goes on behind the scenes.). The credit card Cosa Nostra doesn’t like to function in plain site, so you need to dig deeper to understand it all. Between […]