Merchant accounts are a means for businesses to take credit and debit cards. Only having the ability to process cash can be detrimental to companies that offer large amounts of purchasing. However, if your merchant services are not giving you what you need and are charging you fees, it might be time to change merchant [...]
fees
When To Change Merchant Accounts
Understanding Your Merchant Account Statement
If thoughts of reading your merchant account statement send you running for a bottle of pain reliever, take heart. While it certainly isn’t guaranteed to be a pleasant task, it is easier when you understand what all of the fuss is about. So, pull up a chair and put on your reading glasses. You’re about [...]
Interchange Vs Tiered Pricing Structure
One of the most complicated tasks in running or setting up a retail business is trying to understand merchant account fee structures for accepting credit and debit cards. The methods through which these fees are calculated are very different from each other and can have an impact on a business’s bottom line. Understanding the two [...]