Merchant Account Reserve: What It Is and How Rolling Reserves Affect Cash Flow

In recent years, eCheck payment processing has grown in popularity. This method of making payments is convenient and fast. For merchants, it also offers lower fees and reduced chargeback risks. However, these digital checks can also take a few days to process. The exact timeline depends on bank policies, which batch the payment was processed […]

Businesses turn to Stripe because it offers a fast, convenient way to process payments. However, it is often not clear to businesses exactly how much Stripe is charging for each transaction. Stripe processing fees include flat fees, dispute charges, international fees, and other costs. Additionally, different payment types and channels are charged at different rates.  […]

Today, nearly 90% of Americans use some type of contactless payment. In some markets, this figure is even higher. Singapore residents have adopted contactless payments at a rate of 97%. In the United Kingdom, the adoption rate sits at 93.4%.  Near-field communication (NFC) payments are a subset of contactless payments. As NFC technology becomes more […]

Many online merchants use Shopify to process payments directly from their store. For most Shopify merchants, Shopify Payments can be an incredibly convenient and streamlined way to accept payments online. However, a suspended Shopify Payments status or a Shopify Payments account hold can be quite a shock for any online business owner. This can bring […]

Your business credit score matters whether you want to take out a loan, buy more inventory on credit, or expand your business. It determines whether you are a low- or high-risk borrower in the eyes of your lenders or vendors. It also impacts the terms you are able to negotiate. For example, a low credit […]

Credit cards rest on decades of innovation and regulation, as they began as store-based credit and metal charge plates and evolved into global networks that banks and merchants use every day. These systems now govern everything from transaction approval and chargeback handling to pricing and fraud prevention. For any business processing payments today, this development […]