Oct 26, 2016

Extended Warranty Merchant Account for Your Warranty Company

For the company in the extended warranty business, the obstacles can appear endless. Trying to obtain safe payment processing services is one of the biggest obstacles of all. Why is it so difficult for these businesses to get off the ground? Their typical categorization of being “high risk” tends to make the task complicated. Traditional financial institutions shy away from...

Jan 29, 2016

Extended Warranty Merchant Accounts Offer Payment Processing Solutions

The extended warranty industry struggles to secure the payment processing solutions they need. The majority of US banks shy away from these businesses, due to the contingency associated with sales that are pre-paid more than six months in advance. In fact, the extended warranty industry as a whole is categorized as being “high risk”. It is not just domestic merchant...

May 26, 2015

How the Public Shapes Payment Processing

The public opinion can do many things, from elect a president to crown an American Idol winner. Public opinion can also change the way the processing industry works. Since the recent waves of mass hackings and data theft, public opinion takes the side of “more needs to be done”. It’s true, but it is not that easy. Merchants and customers...

Apr 13, 2015

Positive Changes in ID-Fraud

Fraud is a big problem in America. According to a recent study, some 12.7 million Americans fell victim to identity fraud in 2014. Despite this overwhelming number, there is some encouragement in that this number has decreased by 3% from the 13.1 million who fell victim in 2013. In addition, fraud losses are said to have fallen from $18 billion...

Mar 09, 2015

Merchant Account for Your Extended Warranty Service

Having a business in the automotive extended warranty business is not easy. A business involved in extended car warranties has many difficult obstacles to overcome in order to operate successfully. One of which is the issue of obtaining a safe payment processing solution. These businesses operate with an above average chargeback ratio, making the business “high risk” in the eyes...