One of the most confusing billing methods in the credit card processing industry today is the billback (BB) method. Chances are, you don’t even know what it is. What’s worse is that billback spawned an offspring called enhanced billback (EBB), which is even more complex than the original.
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Jul 22, 2024
Filed under: Credit Card Processing
If you are getting ready to choose a new credit card processor and even suspect that the company you are choosing is sneaking in these types of bogus charges, run away fast and find a reputable company that won’t take advantage of you. Better yet, carry yourself to your attorney’s office for a professional legal review of any contract before you sign it. You could save yourself and your business thousands of dollars and years of frustration in the long run.
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Aug 20, 2024
Filed under: Credit Card Processing
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.
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Aug 12, 2023
Filed under: Credit Card Processing
Despite intense demand from consumers to be able to use their credit cards at a marijuana dispensary, there is currently no legal, secure method to accept credit cards for cannabis sales. There are, however, viable alternatives to operating on a cash-only basis, which this article will discuss in detail.
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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.
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Aug 8, 2024
Filed under: Credit Card Processing
Merchant Maverick.com is a no-nonsense review, ratings and comparison site for merchant accounts, credit card processors and payment gateways. If you haven’t had a chance to read the “About” section yet, you can do so here. You can also visit the “About Our Ratings” section to learn about our reviewing and rating process. To Learn more […]
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Jul 1, 2009
Filed under: Small Business