Top 5 Reasons for Merchant Account Declines

merchant account declines

Every credit card process comes with risk. That is part of the reason why credit card companies charge so many different interchange fees for different types of purchases. It is also one of the main reasons why some businesses fail to qualify for a merchant account with a bank or payment processor. Without a merchant account, it can be difficult … Read More

The Importance of Mobile Payments for Your Business

how mobile payments work

In recent years we’ve seen a rise in the popularity and use of digital wallets and mobile payments when it comes to consumer purchases across a number of industries. From large retail stores to small independent companies, the ability to accept mobile payments made via a customer’s digital wallet is now vital to ensuring your business is able to cater … Read More

Does Everybody Get Approved for a Merchant Account?

Does Everybody Get Approved for a Merchant Account?

Any business that intends to accept electronic payments, whether they are completed in-store or online, requires a merchant account. This account is designed to receive funds transferred from a customer’s credit or bank account after they make a purchase from your business. But how to get approved for a merchant account? Without a merchant account provided by either your bank or … Read More

Common Mistakes E-commerce Merchants Make with Their Credit Card Processor

Common Mistakes E-commerce Merchants Make with Their Credit Card Processor

Finding the right credit card processor for your online business isn’t something you can take lightly. For most online businesses, having a strong relationship with your credit card processor is important to keeping your business well run, and your finances well managed. This is especially true when it comes to managing your e-commerce transactions, as they are harder to monitor … Read More

What is a Modern POS System

Modern POS System

Retailers have operated some type of POS system since the first retail stores were opened for business. In simplest terms, a POS (point of sale) system is the system put in place that handles all types of transactions in a store. These transactions occur at the point of sale, which for most stores is the cash register. In today’s modern … Read More

INFOGRAPHIC: How Online Payment Gateways Work

Online payment gateways are the virtual portal that every online purchase made using a credit card, must pass through for the funds to approve securely. In this infographic, we show you the basic steps from beginning to end;    

How Are Credit Card Interchange Fees Calculated?

credit card interchange fees

There are plenty of different credit cards out there for consumers to choose from. Each type of credit card will likely feature different rewards and fees compared to the next one. In fact, as far as your card-carrying customers are concerned, there are probably no two credit cards alike. Although this is true for consumers, merchants and business owners know … Read More

Differences Between NFC vs BLE Technology

NFC and BLE Beacons

The technology that helps businesses and consumers complete transactions more quickly and securely has reached an all-time high in terms of efficiency. Now, businesses can provide equipment at the point of sale that helps customers complete a transaction in a matter of seconds, thanks to innovations like Near Field Communication (NFC) and Bluetooth Low Energy (BLE) Beacons. These technologies have … Read More

Digital Money Will Impact Your Business


A Silent Cha-Ching: Virtual Currencies, Mobile Payments, and Your Business When is the last time you paid a toll in cash? Many people nowadays use E-ZPass, so they might not even remember. Digital payments aren’t just a fact of life on the roads. Maybe you’ve set your bills to autopay, so the money automatically comes out of your bank account. … Read More