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.  […]

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 […]

When switching merchant services, it pays to be proactive. From carefully reading through your existing contract to checking for integrations, there are a few important steps you should take to avoid costly cancellation fees and ensure a seamless experience.  If you’re constantly having problems with your current provider or are tired of high fees, it […]

Whether you are just starting your business or have operated for years, the right e-commerce platform can make or break your success. With the best e-commerce platform for high-risk businesses, you can easily integrate high-risk payment processors and gateways. This ensures the maximum amount of uptime and prevents annoying account suspensions. To help you find […]

While choosing the right credit card processing company is an oft-overlooked decision, it is incredibly important for your bottom line. With the following questions to ask merchant credit card processors, you can determine what type of security they offer, customer support availability, and the overall fee structure. Once you sign up with a merchant account […]

What do Vito Corleone, Sherlock Holmes, and Tony Stark have in common? Each of these characters would be prohibited or restricted from running their company’s payments through an Adyen account.  In 2006, Adyen was founded by Pieter van der Does, Arnout Schuijff, and other entrepreneurs with the goal of simplifying payment processing. The Netherlands-based company […]

While some e-commerce apps will run payments for you, WooCommerce does not do this automatically. Although it recently began offering WooPayments in 2020, many businesses have to use their own high-risk payment gateway with WooCommerce. Once you pick a merchant account provider, you can use a plug-in or app on the back-end to process your […]

By starting an e-commerce website, you can increase your company’s sales and reach customers in diverse geographic areas. Many businesses start out using convenient e-commerce platforms like Shopify. However, Shopify restricts the types of industries it works with and doesn’t provide high-risk merchant accounts.  Because of this, it’s essential to find alternative high-risk payment processors […]

If you have a high chargeback rate, many traditional merchant account providers won’t want to work with you. Chargebacks involve extensive investigations and are costly for payment processors, which is why they often entail additional fees and expenses. As a result, many payment processors are unwilling to take on the added risk.  At PayCompass, we […]