What is "Merchant Services"?

Michael Gavin | VIEW PROFILE

May 21, 2014

What is Merchant Services?

Collecting and processing payments from your customers is a basic yet essential function of your business. Payment processing options are continuously expanding, making it critical for business owners to have a complete understanding of each available method. Merchant services...

The Point-of-Sale (POS) Transaction

Greg Cohen | VIEW PROFILE

May 1, 2014

Point-of-Sale Transaction

I have spent nearly 20 years in the payments industry and like many of us, when I talk about something I’ve been so involved with I often take certain things for granted. As more and more stakeholders engage in payments and commerce it reminds me that a “back to basics” blurb...

How to Avoid Downgrades

Shannon Andrade | VIEW PROFILE

May 31, 2012

Shannon Andrade |

Whether you are currently accepting credit cards, or plan on doing so, it is important to know how to save money by avoiding downgrades whenever possible. A downgrade simply means that you are being charged a rate increase because the type of card your customer is using has a...

Online Credit Card Processing - Lower Your Costs Today

Shannon Andrade | VIEW PROFILE

May 31, 2012

Shannon Andrade |

Online Credit Card ProcessingIf you have an Internet store or own a retail e-commerce website, you will need online credit card processing. With the help of an online merchant account and credit card payment gateway, you can give your customers the option to purchase goods...

Defining the Different Types of Merchant Accounts

Shannon Andrade | VIEW PROFILE

May 31, 2012

Different Types of Merchant Accounts

In the payment processing industry, every merchant is classified into a specific “merchant account type” category, based on how they collect card information and conduct transactions. To learn which category your business is classified under, we have defined the...

Selecting an Online Payment Gateway

Shannon Andrade | VIEW PROFILE

May 31, 2012

Shannon Andrade |

While many online payment gateway options are feature rich you still want to spend some time comparing them. This article explains how to go about determining the best online payment gateway option for your business. Some may prove better in different environments and the...

Selecting the Right Credit Card Processing Software

Shannon Andrade | VIEW PROFILE

May 31, 2012

Shannon Andrade |

More and more merchants are taking advantage of the powerful credit card processing software products available to them. These are systems for virtually any type of processing environment from retail stores to websites. All have their advantages, but selecting the right...

Payment Gateway Service Provider

Merchant Warehouse | VIEW PROFILE

December 10, 2010

A Payment Gateway Service Provider is the entity or group that provides online businesses the figurative gateway or throughway for sales transaction information to pass from a merchant’s online sales hub to the credit cardprocessing company. Once that information is...

Payment Gateway

Merchant Warehouse | VIEW PROFILE

December 10, 2010

A Payment Gateway is service provided by an e-commerce application service provider which facilitates the authorization process between the merchant, processor, and issuing bank. The payment gateway is essentially like an in-store physical POS – or point of sale – terminal...

Gateway

Merchant Warehouse | VIEW PROFILE

December 10, 2010

A gateway is a company that provides the connection between a website, a terminal or any other credit card processing device and the credit card companies. It is structurally similar to an ISP that provides access to the Internet, except that gateways are involved only...