Tag: ecommerce
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High-Ticket Merchant Accounts: What They Are and Who They’re For
All businesses need a merchant account to facilitate accepting, processing, and transferring payments from customers. The same is true when selling high-ticket items: you need a merchant account to sell these products. Maybe now you’re wondering what exactly a high-ticket product is and in what industries you see them. We’ll break this down for you…
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The FTC Lost Against AMG – What’s That Mean for Your Business?
By now, you’ve probably heard news about the AMG Capital Management, LLC v. FTC case. If not, we have a quick recap below. This isn’t a breaking news story or legal banter about regulatory changes and related directives or future directives. Rather, we’re looking at this case and how it potentially affects you, a merchant.…
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FAQ: How to Get Approved for a US Merchant Account as a Non-Resident
One of the most frequent questions we’ve gotten (or at least one of the more interesting questions) recently was, “how do I get approved for a US merchant account as a non-US resident?” We understand the struggle and payment processors don’t make it so apparent when filing the application. You could be doing great in your…
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Why Consumer Data is Valuable to Both Businesses and Consumers
Data has become synonymous with breaches of privacy in recent years. The fear consumers have of their personal data being shared, used, and sold across the world is unappealing. It doesn’t help that so many big tech, and big data, companies like Microsoft and Amazon have exposed customer information in one way or another. Consumer…
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Startups are risky. Here’s how you can maximize your chances of getting a merchant account for one.
Startups are inherently high risk, which means getting a merchant account as a new small business owner is going to be a challenge. It can seem like a perpetual cycle. You need payment processing history and past business experience to get approved for a merchant account. But how can you get the experience without being approved? Don’t fret—there’s a way to break this cycle. And there’s…
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