In the realm of merchant accounts offered by banks and credit card processors, the discount rate has a special meaning that is important for a small owner to understand. Where the discount rate classically refers to the rate charged by the Federal Reserve to other banks when they borrow, in the credit card world, this [...]
Merchant account
What is “The Discount Rate”
Last Updated on October 24, 2024
When To Change Merchant Accounts
Last Updated on October 24, 2024
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 [...]
CheapestMerchantAccounts.com in the News
Last Updated on October 24, 2024
As this website has grown from a pet project into an ever expanding resource for small business owners to find the right processor for their needs, we have been fortunate to have worked with various other blogs as well as having been featured in a number of them.
In an effort to brag a little as [...]
A Guide to Visa’s EMV Merchant Incentives
Last Updated on October 24, 2024
Visa’s EMV (Europay, MasterCard and VISA) merchant incentives are expanding to other countries including the United States. The new technology was initially introduced in regions such as Europe, Asia and Canada. The new “chip-and-PIN” technology is popular because of its convenience and security when authenticating debit and credit card transactions. Not only is the technology [...]
