Tag: merchant services

What is a Payment Gateway?
Featured Article What is a Payment Gateway?

Payment gateways are a crucial tool in both ecommerce and brick-and-mortar sales, but many merchants don’t necessarily understand what their gateways do or why they really need to have one at all. With that in mind, the following is a quick refresher on what gateways are, how they work, and why they’re so important.    […]

The Top 5 Best Clover Apps for 2022 The Top 5 Best Clover Apps for 2022
Read MoreThe Top 5 Best Clover Apps for 2022

Clover is a popular small business point of sale system, offering retailers and restaurants intuitive POS software and a wide variety of hardware choices. But one of Clover’s most standout features is its well-stocked third-party app market, which enables Clover users to expand and refine the capabilities of their systems, as needed, in a matter […]

What Does Next Day Funding Mean? What Does Next Day Funding Mean?
Read MoreWhat Does Next Day Funding Mean?

Next day funding is a service provided by some payment processors that gives merchants access to the money from their sales in a single business day – in some cases, as little as ten to twelve hours after transactions are submitted. Next day funding stands in contrast to the industry standard practice of holding funds […]

What Is An Ecommerce Merchant? What Is An Ecommerce Merchant?
Read MoreWhat Is An Ecommerce Merchant?

An ecommerce merchant is a business that sells online and utilizes payment processing services to collect card payments. In a terminology-heavy industry like payment processing, it can be easy for confusion to arise about what certain terms mean and don’t mean. “Merchant” is one of those terms, and many people incorrectly assume that all businesses […]

American Express OptBlue Program Tips American Express OptBlue Program Tips
Read MoreAmerican Express OptBlue Program Tips

Amex OptBlue is a program designed to make American Express payments more accessible to small businesses. Traditionally, the high barriers to entry on the network and the extremely high transaction fees made American Express more trouble than it was worth for smaller merchants. To remedy that problem, the company created the Amex OptBlue program, which […]

10 Things to Know When Opening a New Merchant Account 10 Things to Know When Opening a New Merchant Account
Read More10 Things to Know When Opening a New Merchant Account

A merchant account is a mission-critical piece of the payments puzzle for most full-time business owners doing any kind of significant sales volume. But for new and experienced merchants alike, the process of getting set up with a new account can seem opaque and even difficult. Independent sales organizations (ISO) – sales companies that work […]

Next Day Funding: How Long Does it Take for Merchants to Get Paid Out? Next Day Funding: How Long Does it Take for Merchants to Get Paid Out?
Read MoreNext Day Funding: How Long Does it Take for Merchants to Get Paid Out?

Next day funding is a feature offered by certain payment processors that allows merchants to access the money from their batched transactions in a single day – in some cases, as little as ten hours after a transaction is submitted. Most merchants on standard funding plans don’t get access to their funds nearly as quickly, […]

Simple Merchant Services Make Doing Business Easier Simple Merchant Services Make Doing Business Easier
Read MoreSimple Merchant Services Make Doing Business Easier

Payment processing is a complex industry with a lot of moving parts, a lot of tech, and a lot of security rules. But, for the end merchant, all that complexity represents a needless source of headaches and potential business interruptions. The best payment processors offer simple merchant services that allow businesses to focus solely on […]

How to Tell If Your Business Meets PCI Compliance How to Tell If Your Business Meets PCI Compliance
Read MoreHow to Tell If Your Business Meets PCI Compliance

The Payment Card Industry Data Security Standard, or PCI-DSS, is a security standard that must be met by all companies that handle, store, or transmit credit card data from the major card brands. It exists to protect consumers and minimize the potential damage associated with payment-related data breaches.  PCI compliance refers to a company’s ongoing […]

What is a Retail POS System? What is a Retail POS System?
Read MoreWhat is a Retail POS System?

A retail POS, or point-of-sale system, is a combination of hardware and software designed to facilitate purchases at a checkout counter in retail and dining. A POS effectively automates most of the functions of an old cash register. Rather than having to punch in a product’s information and price and manually apply taxes, a POS […]

How to Get a Credit Card Reader Payment Gateway for my Business? How to Get a Credit Card Reader Payment Gateway for my Business?
Read MoreHow to Get a Credit Card Reader Payment Gateway for my Business?

Having a payment gateway that accepts credit cards on-site is important for most modern businesses, and it’s an absolute must for retail businesses, where cash-only sales are all but extinct. But how do you go about getting a credit card reader? The good news is that getting set up with a reader isn’t that hard, […]

Credit Card Processing Merchants with Next Day Funding Credit Card Processing Merchants with Next Day Funding
Read MoreCredit Card Processing Merchants with Next Day Funding

Next day funding is a payment processing feature that allows merchants to get their payouts in a single business day, without the need to wait on standard holds. It’s one of the most important features merchants can weigh when selecting the right payment processing partner. Not all merchant services companies offer next day funding, and […]

Ecommerce vs. B&M Retail? Should You Take Your Business Online? Ecommerce vs. B&M Retail? Should You Take Your Business Online?
Read MoreEcommerce vs. B&M Retail? Should You Take Your Business Online?

Retail ecommerce is already worth over 431 billion dollars in the United States alone and is set to exceed $563 billion by 2025. Simply put, your customers are already online. If you’re still weighing the pros and cons of selling on the web, now is the time to take the plunge. Expanding your sales to […]

Where is Magento Commerce Heading? Where is Magento Commerce Heading?
Read MoreWhere is Magento Commerce Heading?

When Adobe announced their acquisition of Magneto in 2018, it was clear the software giant was making a play at becoming the top dog in ecommerce. Now, the final stage of the rollout of the merged product is underway, and Magneto is set to undergo some significant changes, including a fresh rebrand, a permanent move […]

What are Merchant Services? What are Merchant Services?
Read MoreWhat are Merchant Services?

When many people hear the term merchant services, they automatically think “transaction processing.” And, while that is a huge part of what payment processors do and certainly worth discussing, it isn’t the only thing processors offer businesses. Many merchant services providers today actually offer their clients end-to-end payment solutions that allow merchants to get everything […]

Next-Day Funding: Is It Necessary for Your Business? Next-Day Funding: Is It Necessary for Your Business?
Read MoreNext-Day Funding: Is It Necessary for Your Business?

Next-day funding is a payment processing feature that makes the funds from a sale available in the merchant’s bank account in a single day. The uninitiated often assume that when they make a purchase with a debit or credit card at your business, the funds go directly into your account, but, as you know, that […]

How to Get Lower Fees from Your Merchant SolutionsProvider How to Get Lower Fees from Your Merchant Solutions Provider
Read MoreHow to Get Lower Fees from Your Merchant Solutions Provider

Fees matter. In the earliest days of your business, when you were doing low sales volume, and your top priority was just getting to the customer any way you could, you may have put transaction fees low on your list of priorities. After all, what’s a percent here or ten or twenty cents there? But […]

Card Dipping: What You Should Know Card Dipping: What You Should Know
Read MoreCard Dipping: What You Should Know

Card dipping is not a term most people are familiar with, but if you’ve ever inserted your credit or debit card into a payment terminal or ATM, you’ve dipped! Dipping stands in contrast to swiping – the most traditional way to use a payment card – and tapping, the newest and arguably most popular way […]

Select a Merchant Services Provider with Strong Chargeback Defense Select a Merchant Services Provider with Strong Chargeback Defense
Read MoreSelect a Merchant Services Provider with Strong Chargeback Defense

Chargebacks are the bane of merchants, independent sales organizations (ISOs), and payment processors alike because they have the potential to cost everyone involved in payment processing a significant amount of money and headache. Chargeback defense programs are services offered by ISOs, processors, and third parties designed to catch and defeat chargebacks before they have the […]