The payment industry was negatively hit by the pandemic; only time will reveal the lasting impact. On a human and economic scale, the COVID-19 virus has wreaked havoc. One of the many ways that the global pandemic has affected consumers is how they shop. With government regulations strongly urging social distancing and essential shopping, consumers are still leery of going...
Canadian merchant accounts benefit as the “tap limit” increase makes more transactions “touch free”. Canada is renowned as being one of the most “cashless societies” in the world today. According to a 2017 study conducted by Forexbonuses.org., Canada was cited as the number one most cashless country with every person living there owning more than 2 credit cards. It was...
Having a high risk merchant account simplifies and streamlines your high risk processing needs. If you are about to launch an eCommerce business, it is without question that, in order to remain profitable, you will need to be equipped to accept credit and debit cards as payment. However, before you are able to do that, your first mission, should you...
Recurring payments allows predictable cash flow and a streamlined checkout experience. The business model that has catapulted DropBox, Salesforce, Spotify, and Netflix to become lucrative titans in their industries can be mostly attributed to subscription or recurring payments. Based on the latest e-commerce consumer research led by McKinsey & Company, it was reported that 46% of Americans had subscriptions for...
A CBD Merchant Account is key to staying within legal limits, offering security. What’s all the buzz about CBD oils? You may have seen these initials scattered throughout many strip malls’ storefronts, displaying a particular green plant as their logo. Don’t worry, it’ s legal. Let’s get the 411 on this mysteriously popular product. What Is CBD? CBD is an...
Electronic cigarette merchant accounts allow you to process payments easily and securely. The worldwide e-cigarette and vape market is expected to reach $67.31 billion by the year 2027, according to Grand View Research, Inc. This is driven by the growing knowledge of the health risks of smoking. To counter this, those who wish to smoke are turning to less hazardous...
A credit repair merchant account plays a crucial role in your credit repair business. According to IBIS World, the credit repair industry averages $3 billion per year. The goal of credit repair services is to breathe new life into otherwise blemished and damaged credit. Some of the typical services offered by these companies include eliminating detrimental “dings’ on credit reports...
Online dating merchant accounts serve as a safeguard in a high risk industry. The stigmas tied to online dating is nothing new. In fact, personal ads, the forerunner to the modern-day online dating profile, are where it all started, the stigma that is. In 1727, a woman by the name of Helen Morrison was considered a pioneer, posting the first...
You need a dependable high risk merchant account provider for your nutraceutical merchant account. The global dietary supplements industry was estimated at $123.28 billion in 2019, according to Grand View Research. The main drivers of this growing demand include increasing health concerns as well as changes in dietary lifestyles. The demand for dietary supplements is also fueled by the growing...
High risk merchant accounts should consider contactless payments during health crisis. Visa, Inc. has witnessed a dramatic degeneration in sales for the second half of March, whereas the months of January and February experienced strong growth. With the Covid-19 health crisis taking its toll on countless business sectors, Visa has not been immune to the new changes in consumer spending....
