Your Guide to Navigating Your Merchant Statement​

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 high risk MCC codes.  These codes go a long way to deciding whether […]

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 have a business idea, your dreams suddenly take over and you imagine […]

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 during busy times. However, a large number of businesses still don’t have […]

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 average, credit card fees are between 1.5% – 3.5% per transaction, with variations […]

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 easy, doesn’t it? Well, behind that process is another layer of complexity, […]

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 through payment processing fees.  According to studies, in 2023, US merchants paid $224 billion in […]