Tag Archives: credit card processing fees

Information about the credit card processing fees and rates associated with merchant accounts.

How eCheck Payment Processing Works

Owning a business is faced with a variety of payment options. One of the oldest forms of payment after currency are checks. Today, many merchants have opted to offer echeck payment services, also known as electronic checks, to their customers.  While not as widely accepted as credit or debit cards, echecks have been steadily growing…
Read more

Credit Card Processing Fees

Credit Card Processing Fees: The Complete Guide for Small Businesses Small businesses are getting popular these days, and it comes with technicalities and other requirements to manage it. One of these complexities would be the credit card fees (for merchants) or commonly known as credit card processing fees. Here we will help merchants understand fee…
Read more

How to Start A Credit Card Processing Company

Guide on How to Start A Credit Card Processing Company Whether agents are looking to learn how to sell merchant services or how to start a credit card processing company, payment processing can be a very profitable business. Credit cards have been around for decades and more and more people each year use it as…
Read more

Merchant ID Number

Complete Guide to Merchant ID (MID) Number Lookup Payment processing is not just about your usual payment transfers. It also includes other transactions such as refunds, rebills, and chargebacks between you, your acquiring and issuing bank, and your customers. In every transaction that occurs in your account, your merchant ID number is used. It is…
Read more

ACH Payment Guide

ACH Payment Guide You might not know it, but ACH payments have almost certainly served you somewhere, sometime in your everyday life. When your hard-earned salary has been automatically deposited to your bank account on payday, that’s the work of an ACH. Conceptualized in the late 1960s in the United States, ACH, or Automated Clearing…
Read more

What is a Chargeback?

Credit Card and Bank Chargebacks Explained: Why They Happen and How You Can Fight Back A chargeback is defined as the act of reversing a payment and returning funds to a customer. At first glance, a credit card chargeback may seem like traditional refund, but there is one crucial difference. Rather than reaching out to…
Read more

Difference Between Acquiring Banks and Issuing Banks

Difference between Acquiring Banks and Issuing Banks What is an acquiring bank, and what is its role in the eCommerce payment process? Furthermore, you might also want to know more about its counterpart, the issuing bank. So, read on to learn more about the biggest players in eCommerce, including the biggest card networks Visa, MasterCard,…
Read more

EMV Chip Card

Frequently Asked Questions on EMV Chip Cards EMV is a form of standard smart payment which initially started in the late 1960s to 1970s. In the latest years, it has replaced the old chip and pin credit cards. The rising number of unauthorized transactions, card theft, and fraud have led to the wide use of…
Read more

Call Now ButtonCall Now