Issuing Bank vs. Acquiring Bank: What's the Difference?
Issuing banks and acquiring banks both play an important role when your customer uses a credit card to make a purchase at your business. While…
Credit Card Processing
Are you curious about how payment processing works and what exactly happens when a customer swipes a card? When it comes to operating a business in the modern world, understanding everything you need to know about processing credit cards and other types of payments is vital.
Not sure where to start? Build a solid foundation by learning about merchant accounts, payment gateways, and virtual terminals.
If you’re thinking of working with a payment service provider, check out our article on its pros and cons, and the alternative that may work better for your business.
An important aspect to consider when shopping around for the lowest credit card processing fees includes interchange fees vs flat-rate pricing. Contrary to popular belief, flat-rate pricing may not always be the best choice for your business.
Most Recent Credit Card Processing Articles
What Is MOTO Payment Processing?
If you want to offer flexibility and convenience to your customers, providing a wide range of processing choices can help improve their experiences with your…
Interchange-Plus Pricing: Everything You Need to Know
Credit card processing today opens a range of doors to business owners that want to accept different payment methods other than cash. However, as the…
Stripe vs Square: A Complete Side-by-Side Comparison
Stripe and Square are two of the most popular payment service providers on the market today. When deciding between Stripe and Square, you’ll need to…
Square vs PayPal: Which Is Best for Your Business?
It is absolutely necessary to accept credit card payments if you own a business. As American consumers start using credit cards more than cash, an…
What is a MID? Merchant Identification Numbers Explained
If your business accepts credit card and debit card payments, you may be overwhelmed with the numerous terms associated with payment processing. While it might…
How to Accept EBT Payments at Your Store
As a way to simplify payments made with Supplemental Nutrition Assistance Program (SNAP) benefits, the government created the Electronic Benefit Transfer (EBT) program. Through it,…
What is Batch Processing and How Do Batch Transactions Work?
If you process credit card payments, you've likely heard of two types of credit card transactions: batch transactions and real-time transactions. While both are suitable…
What is a Payment Service Provider or PSP?
When you decide to start a new business, there are many details to figure out. From setting up a website to sourcing products to finding…
How Can Level 2 & Level 3 Credit Card Processing Help Your Small Business?
If you’re looking for additional ways to save your business money and protect your business from fraud, you may have stumbled upon the term "level…
