Payment Processors
What Does a Payment Processor Do?
Credit and debit cards are convenient pieces of technology. They let you carry large amounts of ‘cash’ without the physical bulk, and without feeling unsafe. They let you withdraw cash at ATMs anywhere in the world. Some of them allow you to gather points and bonuses that you can exchange for discounts and free services.…
Read MoreACH and e-Check Processing
To get ACH and e-Check processing services from your merchant service provider, you will have to put in an application that will require much the same information as was required when you applied to accept credit card payments. This will include all your business details, your Federal Tax ID and your estimated processing volumes. This…
Read MoreCredit Card Interchange Fees
As a customer or a business person, you only see the surface level of credit card transactions. The customer swipes a card and the product or service gets paid for. What we don’t see is the intricate exchanges involved. The money starts at the customer’s bank account, passes through a payment processor, and ends up…
Read MoreWhat is the Difference Between a Payment Gateway and a Payment Processor?
When you’re running a business, there are several ways that you can accept payment from your customers. You can take cash, cards, checks, mobile payments, or online payments. Cash is received at a till and receipts are issued. Checks can be received in person or by mail, then taken to the bank for cashing. Cards…
Read MoreWhat is a Payment Processor, Exactly?
When you’re running a business, your primary goal is to make a profit. And in order to earn these proceeds, you need to receive payments from your customers. At the most basic level, customers pay for your goods and services in cash. One step above that is the card or check payment, and more recently,…
Read MoreMoving Your Small Business to a Fully-Integrated Point-of-Sale System
Does Your Small Business Need to Move to a Fully-Integrated Point-of-Sale System, and How Do You Begin? Many business owners prefer to start small and scale gradually. It reduces the amount of capital they need to begin, and it buffers them against unmanageable losses. However, just because you’re running a small business doesn’t mean you…
Read MoreWhat is a Merchant Account Service and Why Should I Use it?
A merchant account service offers merchants, or businesses, a link between credit card holders and an acceptor, a bank, who in turn links all the aforementioned to payment brands, or credit card providers like American Express, Discover, MasterCard and Visa. This process is all controlled by strict agreements and regulated by laws and compliance regulations…
Read MoreWhat is a Payment Gateway?
What is a payment gateway, and why does an online store need one? A payment gateway is a secure service provided by a merchant card processing service that allows your online shop to accept credit card payments via your website. This will almost certainly increase your sales because the software runs 24 hours a day…
Read MoreLooking for the Safest Credit Card Processing Company in America?
In the world of online commerce, security is a key concern. There are two facets to e-commerce safety. The first is on the vendor side. Sellers need to be sure that their buyers are legitimate and that their payments won’t be declined by card companies. The other side of the equation is the customers themselves.…
Read MoreInterested in Low Cost Credit Card Processing? Speak to Charge.com
If you want to accept credit cards, you have to work with a merchant account service. A merchant account service charges a certain fee for every credit card transaction. At this point, you might be thinking, “In that case, I’m probably better off without accepting credit cards.” You wouldn’t be the first person to think…
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