Credit Card Issuers & Card Networks: Understanding Key Differences
The various terms, options, and even company names on credit cards can be downright confusing to the average business owner and cardholder. While you may…
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.
The various terms, options, and even company names on credit cards can be downright confusing to the average business owner and cardholder. While you may…
The business world is full of terminology, much of which may be difficult to understand at first. While many business terms can feel intimidating, it's…
We’ll be looking at online payments, specifically, comparing payment gateway vs payment processor to highlight the differences. Once you can distinguish between the terms you’re…
EMV cards have advanced payment processing and reduced fraud. While the credit card chip is not a silver bullet for combating fraud, it does provide…
If you accept credit card payments then you can’t really avoid the fees that come with payment processing. However, through interchange optimization, you can cut…
Merchant statements can be overwhelming. This article includes a guide that identifies the various aspects of a merchant statement, such as identifying information, price models,…
Rolling reserves are a type of risk mitigation set forth by the processor to account for any losses they may incur from merchant processing activity.…
If you're a merchant who deals with credit card processing, it's hard to know what type of card someone has without understanding the bank identification…
If you're in the business of credit card processing, then you might be familiar with the term virtual terminal. What exactly does it mean? In…
If you're shopping for a merchant service provider that will help you process credit cards, you'll undoubtedly come across interchange fees. Interchange rates are a…