How Businesses Can Get Merchant Accounts with Bad Credit

Unfortunately, financial mistakes can follow anyone for a long time and prevent them from making business decisions even a decade or more later. One of these mistakes is letting a credit score drop to the point that investors don’t feel safe lending money. Bad credit can affect many aspects of a small business–not the least…

Read More

The One Feature Every Online Store Should Have

As a business relying on online transactions during the COVID-19 lockdown, you may be concerned about the technology on your website that you use for accepting credit cards online. You may not even have an online merchant account provider yet, in which case your business may be suffering from the lack of face-to-face interactions and…

Read More

High-Risk ACH Processing: What You Need to Know

ACH (Automated Clearing House) payments are used by many online merchants to process payments. ACH transactions are verified electronic transactions that confirm withdrawal from a customer’s bank account and receive the money through a payment processor. As a business, however, you may be worried that being classified as a high-risk ACH processing industry may prevent…

Read More

Is PCI Compliance Mandatory?

If you’re trying to set up a secure merchant account on your business’s website, you may have heard of PCI law and you may be wondering the all-important question: is PCI compliance mandatory? Luckily for you, PCI “law” isn’t official law so much as it is a list of guidelines for websites to follow to…

Read More

What is an Internet Merchant Account?

Since COVID-19 is keeping customers inside, it’s crucial for any business that normally conducts transactions through a conventional point of sale (POS) system and card swipe machine to adapt to the times. This means asking “What is a merchant account?” in a serious way, because many, many people are buying exclusively online right now. Furthermore,…

Read More

ACH Payments vs Checks: When to Use Them

With businesses scrambling to optimize their stores for online purchasing methods, knowing the difference between these methods has become much more important. Automated Clearing House or ACH payments can make up a significant portion of your business’s transactions online. Optimizing your site for people who want to use an ACH transaction to pay for your…

Read More

How Merchant Accounts are Changing in 2020

The online payment industry is changing. Merchant account websites are preparing for the increased number of users. Businesses are looking to expand their online payment sectors during this time of remote work and even after it has lifted. The expectation is that high volume payment processing is going to become an even bigger industry in…

Read More

What are Processing Fees in a Merchant Account?

If you run a business that is operating during the 2020 COVID-19 lockdown, you may be relying on online payment processing systems to keep your business functioning. By knowing what fees exist and how they are charged, you can stay on top of your online merchant account. Here is some basic information on the types…

Read More

What to Look for in a Merchant Application

If you run a business that has an online component, you can select a merchant application that will give you a deal on fees and provide all of the services that you need to process your customers’ credit card payments. Not all merchant account providers offer all services so it’s important to shop around for…

Read More

How Bad Credit Affects your Merchant Account Rates

The COVID-19 quarantine has affected how people play, work, go to school, and pay for everything that they need. It has made paying for things online a necessary replacement for face to face interactions, which have become risky. This means that to stay afloat, many businesses need to create or refine their online components with…

Read More