Merchant account pricing can be confusing and maybe a little overwhelming at times. I’ll show you how it works, tell you what interchange is and show you why knowing this information is important if you’re going to be accepting credit cards at your business If you’re...
It kind of sounds like a question you would hear on Family Feud right? “What are the top 5 merchant account problems or white lies told my merchant account providers?” Survey says??!!! We’ll get to the questions and answers in just a minute but before we...
Update 9/20/2020: This has become one of the most viewed videos on YouTube about how credit card processing works. Although the video has aged by 6 years at this point, the information is still 100% accurate. There is a free report offered at the end of the video and...
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....
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...
