Pick the right merchant services provider for your business in retail! It can be tough to know which factors are important to consider when you’re just getting started with credit card processing. After 20 years in the industry, we think we’ve got it figured out–read our advice! Note: This article assumes a basic knowledge of […]
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In your research for the right merchant services provider for your startup, you have probably come across terms like “mobile payment” and “near-field communication (NFC)” and wondered what potential benefits these technologies might have for getting your business started off right. Apple Pay was the first major mobile wallet to come to market in 2014,
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When you’re strapped for cash in the startup phase of your business, you look for cost-cutting opportunities wherever you can. Credit card processing fees are a great place to start! Check out these 5 tips for lowering your rates. Note: Industry terms ahead! This article assumes basic knowledge of credit card processing fees and how
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Merchant services is a big industry with lots of options to choose from. You want to get your startup off the ground and processing credit cards on the right foot! Here is our quick guide to finding the right merchant services provider for a business at its beginnings. 1. Research Their Customer Support Services –
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“Going with what seems to be the lowest price quote you can find might end up producing the lowest value, too.” – Merchant Maverick Merchant Maverick wrote an article on the Top 5 Most Common Complaints Against Merchant Service Providers, talking about everything from bad customer service to outlandish leasing agreements. As a local, Anchorage-based
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Merchant services providers are notorious for claiming that they can beat your rates. “It doesn’t matter who your current provider is,” they say in a cold sales call to your business, “we guarantee that we can beat their rates and save your business money!” Sometimes they can, but sometimes they use dubious pricing schemes to
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Ah, credit card processing fees. They can be the bane of a small business owner’s existence. Unclear pricing models and long lists of ill-defined line items have left many a merchant feeling frustrated, confused, and downright disillusioned. It doesn’t help that myriads of unethical merchant service providers have used these tactics to their advantage. Exhausted
Cut to the Chase: An Introduction to Credit Card Processing Fees Read More »
If you are a business owner who wants the ability to accept credit card payments, you have probably stumbled across the term “PCI compliance” in your research. You probably already know that PCI compliance is important, and that it has something to do with protecting the credit card data of your customers. Considering the fines
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If you are a new business owner researching credit card processing, you have probably been bombarded by an overload of advertising and marketing pieces from merchant service providers asking for your business. You may be wondering, “What does a merchant service provider even do?” Merchant Service Providers (MSPs) have three primary functions that assist businesses
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As consumers, we are often comfortable not knowing the intricate process that goes on behind a simple card swipe. We have a lot of trust in the system. As business owners, it is not so simple. We need a thorough explanation of credit card processing because our businesses rely on the system and the players
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