Search Results

For many small businesses, Ooma is an excellent choice. Some VoIP providers run up monthly bills with additional fees for features, add-ons, and integrations. Ooma, on the other hand, has extremely competitive pricing for its plans, all of which have solid feature sets.

Does Electronic Merchant Systems offer everything you need for your small business? Possibly, but it comes at a high cost. Unless you’re prepared to negotiate aggressively on your own behalf, you’ll probably pay more than you need to. Read our review to see why you should look elsewhere.

To avoid merchant processing agreement auto-renewals be sure to read your merchant processing agreement before signing. It’s possible to negotiate an auto-renewal clause out of your merchant agreement. Additionally, you may consider merchant service providers with month-to-month or pay-as-you go billing options.

If you’ve been searching the internet for information about equipment leasing, you’ve probably run into a wall of industry jargon. Between captive lessors, capital leases, equipment financing agreements, and references to Section 179, the terminology can get pretty opaque. This is especially true when it comes to TRAC leases. If you’ve ever wondered what the TRAC lease is, how it works, or even just what the acronym stands for, you’ve come to the right place.

Reliant Funding is an alternative business funder that provides short-term loans and merchant cash advances (MCAs). There is no credit rating requirement to access its loans. Be cautious of Reliant’s transparency regarding its terms and fees.

As with so many other merchant services providers, Payroc has a few nice features, such as a robust lineup of products and services, including EMV-compliant mobile processing solutions. At the same time, it still includes a very lengthy contract term. Its hefty early termination fee has generated significant criticism among merchants.

In May 2019, Global Payments, another very large direct processor from Georgia, announced that it was acquiring TSYS for $21.5 billion. The combined organization will operate under the Global Payments brand name, and the TSYS name will eventually disappear. However, mergers of this size take a long time to complete, and as of May 2020, TSYS still has its own website, which lists the company as ‘TSYS – A Global Payments Company.’ We haven’t received any indication of how Global Payments plans to transition existing TSYS customers into its system, but we expect that you will probably be switched over to a Global Payments contract at some point. If you’re a merchant looking for a new provider, now is not the time to sign up with TSYS.

Pros No application or account setup fees Month-to-month contracts with no early termination fee Interchange-plus or subscription-based pricing available Offers EMV & NFC Bluetooth-connected mobile card reader Cons Minimal pricing disclosures Relatively new company What Is ProMerchant? Founded in 2018, Boston-based ProMerchant is the brainchild of several former executives from other merchant account providers. This […]

Commercial truck insurance is a grouping of specific insurance policies that cover various possible losses and accidents while a truck is used for business-related purposes (with the exception of bobtail insurance). The Federal Motor Carrier Safety Administration expects you to have $750,000 in primary liability coverage at the bare minimum.

CardConnect is a merchant services provider and major ISO of First Data (now Fiserv). The company offers a full range of high-quality products and services (including an excellent integrated payments platform). However, lengthy contracts, high termination fees, and inadequate pricing transparency make it a poor choice for most small business owners.