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Credit card processing companies are popping up left and right offering “cash discount” programs to eliminate your credit card processing fees. Are they legal and are they permitted in merchant agreements?
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In autumn 2018, Stripe officially announced the launch of Stripe Terminal, an option for in-person payments.
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Businesses that offer bail bonds are considered a “high-risk” industry when it comes to credit card processing.
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There are several common misconceptions in credit card processing and sales reps can use those to trick you into overpaying.
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If you’re a business using Vantiv (acquired by Worldpay and then by FIS), you may be wondering about a fee for OmniShield Assure on your bill.
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Intuit’s QuickBooks is a popular choice for business accounting, but if you accept credit cards through Intuit merchant services, you’re well aware that it comes with high costs. What you may not know is that you can use a lower cost processing option and still automatically input your sales data into QuickBooks.
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Pharmaceuticals, nutraceuticals, and the more nebulous “pseudo-pharmaceuticals” are all considered high-risk sales in credit card processing. That means a different approach to securing a processor.
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When most people think of “high risk” credit card processing, they think of gambling, firearms, tobacco, and similar industries. But travel agencies also typically fall under “high risk.”
