High risk merchant accounts will be directly impacted by upcoming fees. Visa and Mastercard have decided to postpone interchange fees until July as it comes to grips with the rampant economic crisis fueled by the coronavirus pandemic. As governments struggled to lessen the impact and spread of the virus, their decisions have led to many retailers, hotels, and restaurants having...

Businesses with a high risk merchant account can still be profitable if they pivot their business. The Covid-19 pandemic has greatly disrupted the US economy as many businesses were forced to close due to strict social distancing measures. The hardest hit were the small businesses where some had to temporarily halt operations, while others tragically had to close their doors...

What can a business owner do during this difficult time? As Covid-19 cases continue to rise, so do the number of companies mandating that their employees work from home. As of mid-February 2020, it was estimated that 46% of American businesses rolled out remote-work policies. While working from home has enjoyed a surge of popularity in recent years, it is...

Efficient and secure eCommerce Merchant Accounts are critical during our present crisis.  The Coronavirus pandemic has dramatically changed consumer behavior. With lockdowns and social distancing orders in place across the country, eCommerce, once just another option for consumers and businesses to buy goods, has become an absolute necessity for everyday life in the current health crisis. More than ever before,...

Coin dealer merchant accounts alleviate complexity and facilitate payments . Investing in gold and silver has proven throughout the ages to be highly profitable. However, it is also highly risky. The market is always volatile and laws and regulations are in constant change as well. This constant change gives rise to instability. Luckily, gold and silver do not fluctuate in...

A gold and silver coin dealer merchant account will satisfy all your credit card processing needs. Finding a reputable coin dealer merchant is no small task. Customers want to ensure that they are purchasing products that are genuine and from legitimate dealers. In order for businesses to process payments, whether it’s by phone, online or in-person, they need to ensure...

If you have been a business owner for any length of time, you have discovered very quickly the importance of taking either debit or credit cards as a form of payment.  Although more Americans are carrying less paper dollars on their person, they are still making their everyday purchases in the form of plastic. Since more people are leaving their...

Are Americans becoming more “cash-averse”? According to Bankrate.com, 1 in 10 Americans do not carry cash on a daily basis. A survey conducted by Princeton Survey Research Associates discovered more telling data that said 78 percent of Americans carried less than $50 in paper money and 49% carried less than $20 daily. Those that choose not to carry any money...

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...