Category: Payment Processing
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Is Your PayPal Account Frozen? Here’s What You Need to Do to Get Your Funds
There’s no doubt that PayPal is a convenient choice for businesses and shoppes, alike. The ability to store a mix of payment methods allows buyers to spend from any source, making the checkout process that much faster. And for businesses, it almost seems like a sure-fire way to receive payment. If a customer’s bank is…
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5 Reasons Why You Should Make the Switch from ClickBank to Shopify
Considering making the switch from ClickBank to Shopify or curious about the benefits of each? We’ll give you five solid reasons why you should consider making the switch or joining Shopify even if you aren’t coming from ClickBank. Though dedicated to online sales, ClickBank and Shopify are two very different platforms that market to different…
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When Stripe Becomes a Liability – The Limits of Processing Transactions
Stripe is easily one of the world’s go-to solutions for online payments. Customers know the payment gateway, merchant’s get a simple signup and fast activation, and both sides can benefit from Stripe’s security. But there’s a downside to using Stripe: payment processing limits. Depending on your industry and how much you process, you could fall victim…
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Interchange fees could be changing. So, which is better for merchants: debit card or credit card processing?
The fast and easy answer is that debit cards cost less for merchants than credit cards. But that answer doesn’t include card type popularity or preference by consumers. That could be changing too, though, based on support for interchange fee adjustments for debit card use by the Justice Department. Understanding Interchange Fees To understand the importance of the proposed change to interchange fees regarding debit card purchases,…
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Why Some Businesses Are Labeled High-Risk by Payment Processors
Not all businesses are treated equally by payment processors. High-risk businesses pay more in fees, need to keep chargebacks and fraud in check, and are subject to various requirements before merchant services are available to them. Even after meeting strict demands, they’re monitored closely to ease the concerns of acquiring banks and payment networks. Luckily,…
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