What Are Chargebacks and Why Should Merchants Try to Avoid Them?
Credit card payments are now the proven way for businesses to generate most of their revenue from customers. Many business owners no longer accept a customer’s personal check, and cash is something we no longer desire to carry to pay for goods and services. The bottom line is that with the popularity of credit card […]
What is a High Risk Merchant Account?
Millions of Americans take the use of credit cards at businesses for granted. They believe that the use of credit cards is as simple as using cash or debit cards. Payments via credit cards have slowly replaced earlier approaches to payments such as checks and money orders. However, the process for a business to begin accepting […]
What to Know About the Recent News Regarding Square and Reserves
By now you may or may not have heard about the mounting rumors of Square arbitrarily placing 30% reserves (also known as a rolling reserve) on processing amounts of select merchants. You may have in fact been one of those merchants. Their recent move has created a lot of noise in the payment processing industry. […]
Tips for Merchants During the Coronavirus
If you are a business owner, then it would be safe to say that this first quarter has not been what you had expected. As Covid-19 ravages the world and consumers are now tied to the e-commerce world more than ever, so many businesses are losing direct access to their customers. So, what can […]