We’ve all been there – swindled into a contract that we never should have agreed to in the first place. Fine print and loaded statements make it difficult to decipher the early termination fees we’re accepting, yet we sign on the dotted line anyway. It isn’t until we decide to cancel our contracts that buyer’s […]
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 is traditionally thought of as an at-the-counter transaction, where a merchant takes hold of a person’s credit card and swipes it at the register. The problem with this setup is that mobile merchants (those who rarely hang out near a register) don’t have an easy way to accept anything but cash. Enter […]
Another year down for Merchant Maverick = Another year that went by way too fast. As always, we want thank all our readers for making this site what it is. Our goal from day one has been to educate, inform and allow room for open discussion. Hopefully we’ve met that goal. In the past year we’ve… […]
I’m happy to announce that Merchant Maverick is no longer a one-man show. I’ve added a new team member (shout out to Justin) who’s going to be tackling the wonderful world of POS (point-of-sale) for us. It’s a lot of work, but somebody’s gotta do it. I’m glad it’s him, because I’m already way too […]
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 […]
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 play 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
Mike Shatz is the owner of TheMerchantsGuide.com. His website offers both content and services for those that are interested in learning more about merchant account fees. He has a book called “Understanding Merchant Account Fees in Card Not Present Environments” which I’ll be reviewing soon. I invited him over to give us a rundown of […]
Recently, I’ve been doing a ton of research on the subject of payment card security and everything that falls under that umbrella. As much as I know about the basic process of merchant accounts, payment security is still a new subject for me. The more I learn, the more I realize that fraud and chargebacks […]
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Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.
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