PayCompass

A customer making a basic card payment, equating to level 1 in credit card processing.

Credit Card Processing Levels: The Hidden System Costing You Thousands

Credit Card Processing Levels: The Hidden System Costing You Thousands Credit card payments may seem simple on the outside, but when you dig further, you’ll find that it’s a complex web that includes several entities and levels. In fact, many people don’t know credit card processing levels even exist. The problem is, without this knowledge,…
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A person found guilty of money laundering, triggering businesses to implement AML compliance for stronger protections.

The Untold Secrets of AML Compliance: What Financial Professionals Need to Know Now

The Untold Secrets of AML Compliance: What Financial Professionals Need to Know Now Running a business isn’t just selling goods and services. Of course, you already know that, but do you know how much money is laundered through payment systems annually? According to the United National Office on Drugs and Crime, around $1.6 trillion was…
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AI payments are increasing in frequency within high-risk business settings.

AI Payments Revolution: Unveiling the Hidden Transformation

AI Payments Revolution: Unveiling the Hidden Transformation Artificial Intelligence is a hot topic, and with good reason. Not only does it hold promise in many making our lives generally a bit easier, but it can also involve itself in fraud detection. In fact, AI payments look set to save businesses a huge amount of money…
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High risk MCC codes are used by card companies to classify businesses by what they provide and sell.

High Risk MCC Codes: What Every Merchant Needs to Know Before Processing Payments

High Risk MCC Codes: What Every Merchant Needs to Know Before Processing Payments High-risk companies have many challenges ahead. Of course, if you’re reading this, it’s likely that you fall into this category and you want to learn more about how you can overcome these problems. One area that’s important to learn more about is…
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Business survival rates depend on a number of factors, but careful moves help increase your chances of longevity.

The Hard Truth About Business Survival Rates: What 90% of Entrepreneurs Miss

The Hard Truth About Business Survival Rates: What 90% of Entrepreneurs Miss Let this sink in: According to the US Bureau of Labor, around 20% of small businesses fail within the first year of their existence. Additionally, only one-third stick around for more than ten years. It’s quite a sobering thought, isn’t it? When you…
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Understanding key POS system statistics empowers businesses to make strong decisions.

Unlocking POS System Statistics: The Hidden Data Gold Mine for Business Growth

Unlocking POS System Statistics: The Hidden Data Gold Mine for Business Growth If you haven’t paid much attention to your point of sale (POS) system yet, it’s time to do so. Studies have shown that businesses with modern POS systems reduce transaction times by 30%, creating faster service and the ability to serve more customers…
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Learning how to reduce credit card processing fees boosts revenue and makes your business run smoother.

The Ultimate Guide to Reduce Credit Card Processing Fees: Strategies That Actually Work

The Ultimate Guide to Reduce Credit Card Processing Fees: Strategies That Actually Work Many things in life aren’t free, and that includes credit card processing. The associated fees can be significant and over time can significantly affect your business’ profit margins. It’s why understanding how to reduce credit card processing fees is a must. On…
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Various credit cards in a wallet, all affected by different credit card surcharge rules.

Credit Card Surcharge Rules: The Complete Guide for Business Owners in 2025

Credit Card Surcharge Rules: The Complete Guide for Business Owners in 2025 When a customer pays by credit card, it’s a relatively stress-free process. They swipe or tap their card if they’re attending a physical store, or input their details if it’s an online purchase. They pay the amount stated and that’s it. It sounds…
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Dual pricing merchant services allow you to increase your profits and avoid paying unnecessary fees.

The Ultimate Guide to Dual Pricing Merchant Services: Boost Your Profits Without Losing Customers

The Ultimate Guide to Dual Pricing in Merchant Services: Boost Your Profits Without Losing Customers Lost profits can appear in many different ways – it can be a bad review online that goes viral, a particularly aggressive competitor, or it can be something so simple you might not even realize it’s there – losing money…
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