Tag Archives for " merchant services "

Credit Card Processing explained #2 – Rates and Fees

Why shouldn’t I just choose the processor that gives me the cheapest rates? There are a number of factors that go into the proper setup of a merchant account. The type of business, the average dollar amount of your transactions, the method used for accepting credit cards, etc. Let me address why these factors make […]

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Credit Card Processing: What is it Exactly?

The first question to be addressed and I am often asked is; Credit Card Processing: What is it Exactly?? Simply put, Credit card processing is the moving of money from your customer’s back account or credit card account into your bank account. To achieve this a business needs to contract with a processor bank, which is separate […]

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