by Brian Manning | Feb 10, 2016 | Rates & Fees
American Express has changed the way your business can accept AMEX payments… again! This change could benefit you by allowing you to get a lower rate than what you’re currently paying! Introducing the newest program from American Express… The American Express OptBlue...
by Brian Manning | May 8, 2014 | Rates & Fees
It’s dangerous to switch providers. That’s right, it’s dangerous to switch merchant account providers because you only have a 1 in 3 chance of lining up with a provider that will actually take care of you. Remember in Little Red Riding Hood when the wolf dressed up...
by Brian Manning | Apr 10, 2014 | Rates & Fees
Why do some merchant account providers charge more than others do? The tendency to lean toward the less expensive option might be something that could get you in trouble in the long run. Is the cheaper option always better? The common belief is that more expensive...
by BancardSales | Mar 20, 2014 | Rates & Fees
Some merchants enjoy the simplicity of tier-based pricing. Others prefer the fee-transparency of pass through pricing. Unlike many websites that endorse one pricing structure over the other, I believe that both can be the right choice depending on your needs....
by BancardSales | Mar 13, 2014 | Rates & Fees
Quick. Off the top of your head, what is the effective rate on your merchant account? If you know the answer, awesome. If not, then it’s possible I’ve got some news you might not want to hear. Advertised rates for credit card processing are very rarely the...
by Brian Manning | Jan 2, 2014 | Rates & Fees
Whether we’re talking about bikes, watches, clothes or any product or service, why is it that some cost more than others? The common belief in the marketplace is that it’s due to two main things: the quality/durability of the materials used, and the craftsmanship that...
by Brian Manning | Oct 31, 2013 | Rates & Fees
Knowing why to calculate your effective rate is even more important than knowing how to calculate it. I realize that I just “one upped” myself as I have previously stated that knowing how to calculate your effective rate is THE most important aspect of maintaining...
by Brian Manning | Oct 1, 2013 | Rates & Fees
While it may not always seem like it, it’s possible to pay far less or even altogether avoid paying certain fees on your merchant account. The trick is to know which ones are within your control to regulate. There might be more scope than you realize. Here are some...
by Brian Manning | Sep 26, 2013 | Rates & Fees
I’m not talking about qualifying for a merchant account as in being approved for a special rate program. I’m not talking about qualifying for a rate that some businesses can get that others can’t. I am referring to the procedure that you follow when you (or your...
by Brian Manning | Sep 16, 2013 | General Merchant Account, Rates & Fees
Understanding how to read your merchant account statement can be kind of like attempting to fly a commercial jet airliner when you’ve never even set foot in a plane. It can become very confusing very quickly and if you’re not clear on why you are attempting to...