Category: Merchant Accounts
-
The Complete Guide to Merchant Category Codes (MCCs)
Merchant Category Codes shape how businesses process payments, manage taxes, and operate in the digital economy. These four-digit numerical codes classify every type of business imaginable, from coffee shops to construction companies. This comprehensive guide covers everything about merchant category codes. You’ll discover what they are, how they work, why they matter, and how they…
Written by
-
MCC 5993: Smoke Shops, Vape, and CBD Need a Better Processor
If you run a smoke shop, sell cigars, offer vaping products, or operate a CBD business, you fall under the Merchant Category Code 5993. Maybe you’re frustrated by payment processors turning you away, or you don’t like the label of “high-risk” just for running your business. Let’s break down what MCC 5993 means, why it…
Written by
-
You’re MATCH-Listed, Now What?
The MATCH list is one of the most dreaded realities for business owners. Finding out you’re on the list is debilitating, leaving you stranded with no guidance on how to move forward. We’re here to help. Understanding the MATCH list, why you’re on it, who put you on it, and how to accept payments is…
Written by
-
Payment Processing Bring My Own MID: Is It Possible?
You’re probably familiar with mysterious fees, rigid contracts, and processing rates that seem to climb every quarter. I meet business owners who tell me they want to “bring their MID” to a new payment processor. I get it – you’ve invested time and effort establishing your merchant account, and the idea of portability seems logical.…
Written by
-
Everything You Need to Know About Offshore Merchant Accounts
Offshore merchant accounts offer a lifeline to companies that struggle with traditional payment processing options. These specialized accounts allow businesses to accept credit card payments through banks located outside their home country. For many entrepreneurs, they represent an opportunity to overcome regulatory hurdles, tap into new customer bases, and process higher transaction volumes. But what…
Written by
