Can You Afford to Give Your Credit Card Processing to the Lowest Bidder?

Your Credit Card Processing? With 80% of online shoppers using credit cards, you can’t afford NOT to take credit cards. Did you know that merchants offering credit cards as a payment option increase their profitability by estimated 50%? With the inherent advantages involving credit card…

What are Non-Qualified Transactions and How Can Merchants Avoid Them

Non-Qualified Transactions Non-Qualified:  I frequently get calls from merchants who say they were quoted one rate, but claim different rates are showing up on their statements. Unfortunately, merchants can experience a rate increase or surcharge because of the type of card your customers are using,…

Are You Getting Taken Advantage of by Credit Card Processors?

I would say that the merchant services industry is competitive, and even cut throat in some cases. Many merchants have been taken advantage of by credit card processors’ ads of low teaser rates and costly equipment. I was working on a very large merchant account…

How Do Merchants Violate Visa and MasterCard Rules?

VISA and MasterCard Rules and Regulations Many merchant violations of the VISA and MasterCard rules don’t even know they have committed a violation. Most stores don’t have any procedural information about how to process a credit card sale as part of their employee training other…