Category: MERCHANT SERVICES
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Applying for a Merchant Account? Here Are 8 Facts You Need to Know
Applying for a merchant account gives your business the opportunity to scale that’s incomparable to popular 3rd-party processors. This is especially true for high-risk merchants who are subject to higher rates, monthly processing volume caps, and the possibility of having their store shut down if using a standard merchant account. The merchant account application is…
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The Ins and Outs of Subscription Merchant Services
There’s been somewhat of a renaissance in recent times when it comes to subscription services. Industries of all types have embraced this new subscription model as something that delivers consistent recurring revenue, while also providing the financial stability needed to continually improve the customer experience for the end-user. When done well, this business model can…
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FAQ Friday – Understanding Fees Part 1: High-Risk Merchant Account Fees
It should come as no surprise that merchant account fees come standard with any high-risk merchant account. Understanding what these fees are and why you are paying them can help reduce costs in the long run. Some fees are negotiable, some fees can be removed entirely, and others are permanent. In any of these cases,…
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America’s Choice Can Affect Your Merchant Account
With less than a week until polling closes for Americans voting in the 2020 US presidential election, much of the Western world watches on with bated breath. Wo will come out on top? Will be former vice president Joe Biden? Or will US President Donald Trump secure another four years in office? Many of you may be concerned about the handling of the coronavirus pandemic. Or perhaps how to bridge…
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When A Low-Risk Business Becomes A High-Risk Merchant. Follow This Advice.
Are you a low-risk or high-risk merchant? It’s not always obvious to some entrepreneurs. Although being classified as a high-risk merchant can change available options for accepting payments on your website. There are merchant categories that are blatantly obvious (e.g. CBD oil, e-cigarette, spy camera, survivalist gear, supplements and nootropic products). While some online sellers…
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