Author: Maria Sparagis
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7 Steps to Maximize Holiday Sales and Keep Profits High Post-Holiday
As the holiday season quickly approaches, many online retailers are preparing for the influx of shoppers that will hit their websites. Black Friday and Cyber Monday are two of the biggest shopping days of the year, and retailers are pulling out all the stops to make sure they capitalize on these events. In this article,…
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Find, Change, and Optimize Your Merchant Category Code
MCC codes (Merchant Category Codes) are assigned to every merchant upon the approval of their merchant account application. As important as these codes are, they aren’t always readily apparent, leaving merchants in the dark. Each MCC code comes with varying rates, fees, benefits, and drawbacks. It’s not always easy selecting the best MCC for your…
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Stripe Fees Increase, Avoid Paying More This Black Friday
Black Friday is right around the corner and Stripe, the world’s largest payment service provider, has increased transaction fees for MKE (manual keyed entry) payments. MKE is used by every category of merchants, sometimes as a backup solution and others as the primary method of payment. By increasing the fee for this type of transaction,…
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Payment Gateway vs. Payment Processor vs. Payment Aggregator — Breakdown
How you accept online payments is vital to the success of your online business. There are two ways to process transactions: payment aggregators and payment processors. Each connect with a payment gateway to accept payments. You can open multiple accounts, like having one aggregator and one merchant account (which connects you with a payment processor).…
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