by Joan Winnington | Sep 15, 2019 | Business Success, Credit Card Processing, E-Commerce, Merchant Industry News, Uncategorized
Benefits of a Merchant Account vs. Square or PayPal Most merchants have the mindset that they are paying a flat rate with Square or PayPal which saves them money. For merchants using Square, they believe that they are paying a flat rate of 2.75%. However,...
by Joan Winnington | Aug 11, 2019 | Business Success, Credit Card Processing, E-Commerce, Merchant Industry News
Empower Yourself to Fight Fraud —But Get Help If You Need It Card Testing/Carding Fraud Is on the Rise Sometimes, a cyber thief gets his hands on a stolen credit card number but doesn’t know if it’s valid, or how high the credit limit is. They might make small test...
by Joan Winnington | Jan 22, 2017 | Business Success, E-Commerce, Merchant Industry News
American Express has come out with a new program called OptBlue, where the final processing rates and fees paid by the merchant are set by the merchant account provider, not American Express. This is similar to the way providers set rates and fees for Visa,...
by Joan Winnington | Jan 22, 2017 | Business Success, E-Commerce, Merchant Industry News
If you are a retailer that relies on inventory of your products to sell, fall Holiday Season can be both a boon and a disaster waiting to happen. Many times, small businesses fall prey to two different situations that can seriously affect their ability to operate and...
by Joan Winnington | Jan 22, 2017 | Business Success, E-Commerce, Merchant Industry News
A new American Express program is available which reduces payment processing rates for ecommerce merchants. It allows providers to set the rates and fees their merchants pay for American Express similar to the way they set rates and fees for Visa, MasterCard and...
by Joan Winnington | Jan 22, 2017 | E-Commerce, Merchant Industry News
Kmart has joined the ranks of Home Depot, Target, Neiman Marcus, Michaels, and Dairy Queen in announcing that its payment data systems have been hacked. According to federal regulators, the breach by those behind the malicious software occurred in early September...