
How Does Mobile Payment Processing Work?
The best way to understand how mobile payments work is to first get an idea of why people love this kind of method for buying goods and services. The other key fact that's important to know what, exactly, a "mobile payment" is. After that, it's possible to delve into...

The Difference Between Cash Discounting and Surcharge
Sellers who accept credit cards, cash, and debit cards are often confused about how to recoup the service fees imposed by banks (on debit cards), and by card companies for the privilege of accepting those types of payments. It's a fact that the vast majority of...

What Is a High-Risk Merchant Account?
Have you ever wondered what your company would do if it got kicked into the "high risk" merchant category? Or, maybe you're already there and need advice about the next step to take. Worry not, because there are viable, realistic solutions to the dilemma. You won't...

Managing Payments While Building An Online Marketplace
Online selling, commonly known as e-commerce, is one of the fastest-growing segments of the global economy. As of 2020, the total amount of money consumers spend in all forms of e-commerce stores amounts to $4.2 trillion. Think about that for a minute. Only three...

Strategies to Manage False & Fraudulent Chargebacks
Everyone who has ever operated a business knows that chargebacks can be one of the most frustrating, financially taxing parts of being an owner. Due to loopholes in the original laws that created the chargeback process, some business owners now feel as if they're held...

Why Your Small Business Should Accept Mobile Payments
If you're a business owner who currently does not accept mobile payments, you have to ask yourself a very important question: "Why?" In the 2020s, the only thing you accomplish by not being set up for mobile is bringing in less money, causing inconvenience for your...

Why ACH? An Outsider’s Look at the Benefits of an ACH API
If you own a small business, you've probably had discussions and meetings about whether to purchase or rent equipment, lease or buy office space, create an in-house marketing department or subcontract the entire chore, and many other decisions. But it's unlikely you'd...

ACH Security Requirements for Merchants
Many merchants have never even heard of the complex set of security guidelines and requirements set forth by the National Automated Clearinghouse Association, also called NACHA. Every business owner who accepts checks, debit cards, or credit cards in the store, over...

5 Ways to Reduce Credit Card Processing Chargebacks
Credit and debit card chargebacks are a major headache for merchants of all sizes. The cost you money in many ways, eat up your valuable time, tax your company's scarce resources, and can endanger your good standing in the community. The truth of the matter is that...

What Are Credit Card Merchant Fees? The Different Types Explained
Are you a merchant who often tries to figure out the convoluted system of credit card processing fees you see on your statement each month. Maybe you thought you paid a flat percent or a per-transaction amount, or both, but came to find out that total fees are higher...