As of April 2020, online payment methods accounted for more than 58% of payments processed: merchant accounts were the only means to handle that. To learn more about merchant accounts and services and discover a unique merchant processor, keep on reading this post. Merchant Accounts and Services Don’t think of a merchant account as a service: it’s a collection of...
5G is developed to make a real revolution. This refers to both how people make purchases, pay, use financial services, and not only. Due to 5G, retailers dealing with merchant payment processing can expect more advanced technology solutions offered by high risk merchant account providers. This means increased speed and security associated with transaction processing. Let’s move forward to reveal...
The jewelry and watch market is expected to grow to a $408 billion industry by the end of 2019. This outgrowth has been stimulated by the growing prevalence of online stores. It is estimated that online sales for the global jewelry industry will comprise 25% of total retail sales by 2020. With this growing trend, it is no wonder that...
As the April 2021 deadline for the EMV Compliance liability shift is forthcoming, both gas and convenience owners need to get onboard to upgrade their “forecourt” as well as all other payment systems. Brian DuCharme, Vice President of Product Management at TNS made this announcement: “While some fuel retailers have been hesitant to upgrade, the reality is that the time...
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’re running a business, you’ll need to accept credit/debit cards. This means you should hire a third-party processing firm, which is known as merchant account providers or aggregators, that will manage the transaction between you and the card issuers. Before you could choose a credit card processor for your business, you should know the right questions to ask. If...
Based on the 18th annual POS/Customer Engagement Survey by Boston Retail Partners (BRP), 36% of retailers accept Apple Pay. PayPal held the 1st place in 2016, and this year, took the 2nd place with 34% of retailers accepting the payment method. Apple Pay and Other Payment Options According to Boston Retail Partners, Apple Pay has the largest percentage of supporting...
Unlike physical stores, which can make use of traditional payment methods such as cash and checks, the only way customers can pay an online retailer is through a merchant account. Such an account enables the holder to accept payments in credit and debit card form. With multiple forms of payment at a merchant’s disposal, he or she can capture and...
For a modern-day business, accepting credit cards for payment is one of the factors that directly impact success. Gone are the days when customers used to walk into a retail shop with loads of cash or a paper check. Today, everyone wants the option to choose whatever payment system is convenient at the time. To accept card payments, your business...
