Multi-level marketing (MLM) companies are among many ventures that face issues with getting approval for a merchant account. Essentially, a merchant account is a business bank account that allows merchants to accept credit cards and other forms of electronic payment – obviously very important in our world today. Unfortunately, most banks and payment providers are… Read More »Why Your Business Needs an MLM Merchant Account
The Tech support industry is one of the fastest-growing industries. But unfortunately, banks haven’t considered approving merchants’ accounts for businesses in this industry. This move hinders merchants in this industry from processing payments. Over the years, “tech support” has been confused for “tech support scams.” These scams involve scammers disguising themselves as technical support to… Read More »Top 4 Leading Tech Support Merchant Accounts
Returns suck! They eat up your profits, cost you time and money to process, and take up stock that could be better spent selling. But what about the customer? They’re not happy either, having had to go through the whole order process just to return an item. So, what can you do to reduce your… Read More »How to Counter Excessive Returns in Your eCommerce
It’s been nearly eight years since Apple Inc. launched its very successful Apple Pay mobile-payment service. Fast forward to today, the giant recently announced its decision to bring things closer to home – a move that will most certainly shake things up for the rest of the payments industry. Calif.-based Apple shared its intentions to… Read More »Apple Shakes Up Payments Industry with In-House Move
According to the latest reports, the biggest 25 U.S. merchant acquirers currently control about 90% of payment dollar volume. Still holding on strong, even though eCommerce is said to be losing some of its massive momentum accumulated over the last two years. The 2022 Directory of U.S. Merchant Acquirers found that U.S. acquirers processed more… Read More »U.S. Merchant Acquiring Still Growing as Ecommerce Slows, Says Report
The best POS (Point of sale) system for your retail business will depend on the size and nature of your business. Retail businesses invest in a POS system to process transactions and track inventory and sales history. A fully integrated POS system will improve customer loyalty, increase earnings and grow your business. Yet, for most… Read More »The Most Effective POS Systems for Retail in 2022
You deal with embedded finance when non-bank providers integrate financial services into a variety of marketplaces and services. The embedded finance era is taking hold. This type of finance generated $22.5 billion in 2020 and offers more than one benefit to businesses having been severely hurt by the COVID-related restrictions. Embedded Finance Is on the… Read More »Embedded Payments for Post-COVID Business Recovery
CBD payment processing has come a long way. Once seen as a controversial industry, CBD is now becoming mainstream. As the CBD market expands, there has been an increase in demand for CBD payment processing and merchant accounts. The legalization of hemp-derived products has created a new opportunity for merchants and consumers. But as a… Read More »From Challenging to Simple: How CBD Payment Processing is Getting Better
The crypto world has been a long time coming. Despite the slow pace of crypto adoption, we’re beginning to see crypto payment processors emerge as an alternative to traditional payment processors. While crypto remains a niche market, there are some key benefits of using this new technology over traditional payment processing services. We’ll discuss what… Read More »Crypto is the Future of Payment Processing
As you know, eCommerce is a rapidly growing industry and the next generation of online shoppers will expect more from the online shopping experience. Every business owner must prepare to fulfill their expectations. The following eCommerce growth factors are some of the most important trends to grow your business in 2022 and beyond: 5 eCommerce… Read More »E-commerce Growth Points to Consider This Year & Beyond