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Understanding Merchant Account Interchange plus Pricing
There was once a time that interchange plus pricing was only available to merchants who had a high volume of business. Times have changed and things have evolved. Interchange plus pricing merchant accounts are now available to all merchants, no matter how big or...
Understanding Payment Gateways
When a person opens an online business and applies for a merchant account, they may not realize the steps needed to create an ecommerce site. In most cases, for an online business to accept credit cards as a method of payment, they need to have a merchant account and...
Understanding the Fine Print on Your Merchant Account
When you apply for a merchant account, it is important to pay special attention to the fine print. While companies may be quick to highlight the benefits and advantages on their websites and brochures, you can be equally sure fine print exists with the things that...
Basic Guide To Merchant ID
If you operate a business and accept credit cards, you have a merchant ID. But what is a merchant ID? What do you need to know about your personal merchant ID? Merchant accounts are unique to each individual merchant. No matter where you go or choose to open up an...
What Is The Difference Between Credit Card Issuers and Credit Card Associations?
Ever wonder what the different logos mean on your credit cards? For instance, what is Visa’s role versus that of a company like Capital One? In simple terms, a company like Capital One is the issuing bank, which funds the transaction; Visa is the card association,...