Explaining Interchange and Assessments

Merchant Warehouse | VIEW PROFILE

December 9, 2010

There are essentially are two basic fees that collectively make up the bulk of merchant account costs. In the credit card processing industry, these costs are regularly referred to as “interchange” and “assessments,” and are charged by bank-card networks like MasterCard and...

Credit Card Processing Fees and Rates - Where is my Money Going?

Merchant Warehouse | VIEW PROFILE

December 9, 2010

There is always a concern for merchants when it comes to credit card processing and the rates, fees and penalties that are involved. Of course, no one likes to pay high rates for credit card processing, and some fees and penalties can make a business owner downright angry....

Tips for Finding the Best Credit Card Processing Rates

Merchant Warehouse | VIEW PROFILE

December 7, 2010

Try finding a bargain for the lowest credit card processing rates amongst the many competing merchant service providers and you might just have a little trouble seeing the forest for the trees. The big picture of credit card processing for merchants needs to be seen before...

Qualified versus Downgraded Credit Card Transactions

Merchant Warehouse | VIEW PROFILE

December 7, 2010

For merchants conducting business today, it is important to think not only about the merchant service provider who has established your merchant service bank account and the benefits that they provide above enabling you to process credit card payments, but also what fees...

Online Debit Card Processing Advice

Merchant Warehouse | VIEW PROFILE

December 7, 2010

There are two different kinds of debit card transactions available to merchants and consumers alike, and there is a great difference between the two methods used. For those merchants who use a PIN pad along with a credit card terminal, online debit card processing can...

Merchant Account Rates Under the Microscope

Merchant Warehouse | VIEW PROFILE

December 7, 2010

When some business people start learning about merchant accounts, they are confronted with a number of confusing new terms. When they first hear about “discount rates,” they wonder why credit card processors don’t just publish them in a simple list on their websites. This...

Why Advertised Credit Card Processing Rates Don't Mean Anything

Merchant Warehouse | VIEW PROFILE

December 7, 2010

As a merchant, would you prefer to spend a bit more money on a great merchant account or less money for a merchant account with fewer features? Well, unless you have recently awakened from a coma or traumatic event, you would probably prefer the account that costs less...

Understanding MOTO Merchant Account Processing Rates

Merchant Warehouse | VIEW PROFILE

December 7, 2010

To best understand mail order/telephone order – or MOTO – merchant account rates, it is important to first understand the details of what a MOTO merchant is. A merchant processor considers a MOTO merchant account to be an account in which the majority of credit card...

Advice on Retail Merchant Account Processing Rates

Merchant Warehouse | VIEW PROFILE

December 7, 2010

It is the business environment – retail, Internet, mail and phone orders (known as MOTO) and so on – that has perhaps the greatest effect on how rates are charged to merchant accounts. This factor is considered along with a list of other variables, including location, type...

Tips on How to Find the Best Merchant Account Processing Rates

Merchant Warehouse | VIEW PROFILE

December 7, 2010

Everyone prefers to save money on a good deal that will last rather than lose it on some super deal that’s bogus. That’s how it goes when trying to find a merchant account provider with the so-called “best” rates. It’s not always the easiest thing to accomplish. However,...