A merchant’s ability to accept credit card transactions is not created equally. Therefore, there is no one-size-fits-all account for every business. This is why is imperative that businesses understand aggregate vs direct merchant accounts. What is an aggregate merchant account? The best way to describe an aggregate merchant account is to consider it a shared account in which acquirers place...

Merchant account load balancing gives merchants the ability to divide transactions across multiple accounts. It is an account management tool that helps merchants minimize risk and increase processing volumes. Preparing for Challenges Frozen or terminated merchant accounts can dramatically impact your bottom line. Load balancing helps. By juggling transactions across a few merchant accounts, you can still can continue to...

Merchants can feel overwhelmed when they sign on for credit card processing. Getting a merchant account to have the ability to accept and process credit and debit cards requires many elements, a number of which are unknowns until businesses are in the thick of the process. One of those elements that many businesses are unaware of are merchant account reserves,...

When it comes to getting their money, businesses and consumers want it fast and convenient. No one has time to wait, and if they can’t get it when they want, they will go elsewhere. There is no loyalty in payments, and a new report proves it. In the U.S. economy, business-to-consumer disbursements have traditionally been made via mailed checks or...

Recently, Discover Financial Services learned the price of some cash rewards for using its credit cards. The credit card company reported in April that its first quarter discount and interchange revenue was $677 million, which was a 5% increase from the same quarter last year. Meanwhile, the company spent more than half of that amount – $446 million – to...

During the last few years, Mastercard has relied on acquisitions and fintech investments to bolster its skills and competencies. And, according to its company president, it has no plans to slowing down this strategy. Its tactic of acquiring fintechs in all spheres of payment has helped it gain new deals and increase its revenues. In April, Mastercard announced that it...

Si usted necesita una cuenta mercantil, pero no tiene una cuenta de cheques, podemos ayudarle! eMerchantBroker.com ha ayudado a cientos de propietarios de negocios que necesitan una cuenta mercantil, pero no tienen una cuenta de cheques. Mientras que su negocio sea un lugar de ventas, o si usted tiene la oportunidad de “pasar” la tarjeta de los clientes, entonces usted...

A collaboration between financial technology companies and banks will drive the adoption of a real-time payments system in the United States. What Are Real-Time Payments? Debit and credit card transactions are not real-time payments. A true real-time payment is one in that moves funds almost instantaneously from one bank account to another. This service needs to be available all day,...

Whether you’re a small or large business owner, you should seek for reliable and affordable merchant account services if you want to take your business off the ground or expand. This article is about how you can easily obtain an account for online payments and what processor to go for. Merchant Account Solutions for Your Business In the modern payments...

Merchant accounts allow you to accept and process credit and debit card transactions. Though these accounts are something many merchants get approved for on a regular basis, some businesses, like those in speculative industries or those with no processing histories, can have difficulty getting one. Read on to find out how you can increase your chances of getting a merchant...