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. […]