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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.

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Aug 8, 2024 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.

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Feb 16, 2024 Filed under: Credit Card Processing

9 Best iPad POS Systems For Small Business

iPad users are notoriously loyal to their devices. If you fall into this category and are hunting for an Apple POS system, you’re in luck. Many of the best tablet point of sale systems were specifically designed to run on iOS — there’s almost certainly an option that will meet your needs. Read on for a look at the best iPad POS systems, including Square, Lightspeed, and TouchBistro.

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Oct 8, 2024 Filed under: Point of Sale