The merchant agreement terms creating timing gaps between your dashboard revenue and your bank balance Learn the seven contractual variables hidden in your merchant agreement that shift when and how much money lands in your account. This guide helps eCommerce operators diagnose deposit timing issues and improve fee reconciliation. TL;DR Your dashboard shows gross, your […]
Category: BAMS Blog
Featured Article
7 Payment Processor Fees Quietly Delaying Your Deposits
Chargebacks are a reality of accepting card payments, and no merchant doing any significant volume can avoid them altogether. Sometimes a chargeback is outright fraudulent, and many are the result of poor customer service or misunderstandings between merchants and customers. But whatever the reason may be, merchants need to be ready to fight back when […]
Intuit’s QuickBooks is undoubtedly the king of the hill when it comes to popular cloud-based accounting software. But there are a number of competitors on the market currently offering their own robust accounting products capable of challenging QuickBooks’ dominance. Three of the most popular QuickBooks alternative include Xero, FreshBooks, and Zoho Books, each offering their […]
Simple Pricing Can Be Useful, but Simpler Does Not Always Mean Cheaper What makes a reasonable transaction fee? A surprising number of merchants never really answer that question. They know the rate printed on the processor’s website but not necessarily what accepting payments costs their business over an entire month. That is one reason flat […]
On May 7th, 2019, PayPal updated its user agreement and made a big change that impacts every single one of their sellers in an inarguably negative way. Prior to the change, any time a refund was provided to a customer, the slice of the pie that PayPal had taken on the transaction was returned to […]
QuickBooks Desktop 2016 Still Opens for Some Users, but Support Is Long Gone QuickBooks Desktop 2016 discontinued support years ago, which creates an important distinction for merchants still running the software. A program may continue to open on a computer even after Intuit stops supporting the version. That does not mean the software still has […]
Shopify Is Still Strong, but It Is Not the Only Choice The best Shopify alternatives in 2026 give merchants different levels of control over their website, payment processing, hosting and technology stack. Shopify remains one of the strongest all-in-one eCommerce platforms available but some businesses eventually want more control over how their store operates or […]
BAMS has been offering electronic payment processing solutions to thousands of merchants all across the globe for well over a decade. Our experience and commitment to customer satisfaction and savings mean that there are a number of significant benefits to choosing BAMS as a payment processor – benefits that our competitors simply can’t match. From […]
Interchange-Plus Makes It Easier to See What Payment Processing Actually Costs A merchant’s profitability is determined in part by the costs of doing business, and one of the most common expenses merchants face is the cost of processing card payments. But payment processing is not priced the same way everywhere. Some providers use standardized flat […]
Credit card transaction processing fees seem simple on the surface, but the overall fees are actually made up of many smaller fees, sometimes numbering in the dozens. In the interest of transparency and regulatory compliance, payment processors break down all of those fees on their merchants’ monthly statements. That’s good for both the processor and […]
Choosing a merchant services provider is a serious task and picking the wrong merchant account can result in headaches with integration, unnecessarily high fees, and delays in deposits reaching a merchant’s bank account. Merchants choosing between BAMS, Braintree, and QuickBooks Merchant Services – three of the most popular merchant services providers on the market – […]
On May 28th, 2019, payment processing giants Global Payments and TSYS officially announced a merger in a deal worth 21.5 billion dollars. That merger was just the latest in a series of mergers and acquisitions that have seen some of the industry’s largest players become even larger. In fact, the Global/TSYS merger was the third […]
Not all merchant accounts are created equal. From fees to support to hardware, countless factors determine which one is best for your business. One of the most important is fund availability: how quickly your payment processor deposits the money from your sales into your bank account. Funding speed varies from provider to provider. If your […]
Ever since the introduction of the original Square Reader – the small, white plastic magstripe reader that plugs right into the headphone jack of a smartphone – Square has been a widely recognized brand name among small businesses and entrepreneurs. There is no question the Square Reader was revolutionary for pop-up shops, mobile businesses, and […]
A point-of-sale system is an important factor in a restaurant’s success for a variety of reasons. First and foremost, it’s the system that facilitates all electronic payments, and in a world where plastic is king, a flawlessly operating POS is a must. On top of that, paying the bill is often the last step of […]
Authorize.Net – the most popular payment gateway service provider in the world – is in the process of making a big change to how it verifies transactions, and that change impacts the business of every single one of their Direct Post users. The company is phasing out MD5-based hashing and switching to SHA-512 signature key […]
Connecting Payment Processing With the eCommerce Tools You Already Use We now live in a digital world, and online shopping has become a standard part of how people buy. A 2018 study cited by SmallBusiness.com found that 75% of Americans had purchased something online. That figure now serves more as historical context than a picture […]
All BAMS business owners receive full access to IRIS CRM, one of the most powerful customer resource management platforms currently available on the market. IRIS CRM provides a full suite of tools that enable companies to manage all aspects of their operations, from communications to leads and prospecting, to sales, to payments, and beyond. One […]
The average person doesn’t consider the VISA or Mastercard in their pocket to be any different from a company or government credit card – aside from the limit, of course. But there are actually significant differences in how corporate and government cards are used and processed. Those differences mean that not all merchants can accept […]
