From time to time, trends appear, and a current one seems to be small businesses approached with the idea of “free” credit card processing. When someone offers you something for free, of course you’re going to sit up and take notice. But is it really free? Is anything actually free in this day and age? […]

In the debit and credit card world, there are several options to go with, but two stand out as true giants of the industry – Visa and Mastercard. It’s likely that you have at least one of them in your wallet, and your business probably accepts both. That’s the sheer reach of these card companies.  […]

Not all businesses have a perfect credit history. After all, we’re living in economically challenging times, and this has taken its toll on many small businesses in particular. If you’re struggling with finding a merchant account because you have a bad credit history, there’s no need to worry unnecessarily. There are avenues available to you; […]

When you’re running a business, you have so many decisions to make, it can often feel overwhelming. However, ensuring your payment processing is set up in the most optimal way for your needs is critical. Within this, you need to know how to choose a payment gateway that fits every aspect of your industry and […]

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 […]

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, it’s easy to lose money and time because you simply […]

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 laundered by criminals in 2009 alone.  Complying with anti money laundering regulations is […]

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 […]

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 […]