MCC 7011: Hotels & Lodging (Description and Payment Processing Impact)

Running a business involves a range of different tasks and processes that cumulate to create a smooth and efficient machine. However, there are many decisions to make and it’s vital to do your research and choose the right options to suit your needs. One task is choosing the best merchant account.  There are many different […]

It’s becoming more and more common for customers to pay with card or digital wallets compared to cash. Of course, you can also consider the huge ecommerce market too, making electronic and digital payments almost the norm. However, some businesses face hurdles in setting up the infrastructure and payment processing accounts required.  There are many […]

The third-party payment processor market is growing at a huge rate; it is expected to reach $71.1 billion by 2031. Known as TPPPs, these have completely changed how businesses not only handle transactions but move through their entire payment processing journey.  It’s important to learn about TPPPs to have a strong grasp of what they […]

Buy now pay later services are an ideal way for people to buy products and services without having to pay for everything upfront. It’s useful for large purchases and during times when cashflow is scarce. But how popular is it exactly, and what are the benefits on the business side? To answer the first question, […]

The days of simple cash payments may be behind us. Technology is moving at breakneck speed, at least where payment processing is concerned. Think back to the last time you paid for goods or services in a store – did you pay by card? If so, did you simply tap to pay? It’s quite likely.  […]

There are certain businesses that just have more challenges than others. That’s not to say all businesses don’t have their hurdles to jump over, but high-risk businesses do seem to have a rougher ride than most. Yet, that doesn’t mean there aren’t ways around them.  Liquor stores are within that high-risk category and choosing a […]