Category Archives: Tips & Advise

Travel Agency Merchant Accounts

Travel Agencies and related travel-oriented businesses are considered high-risk merchants as far as credit card processors are concerned, and therefore are among the most challenging business types to get successfully approved for a Merchant Account. . The reason is that … Continue reading

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Seasonal Merchant Accounts

For the first time, merchants who only need a merchant account for the short-term   are able to obtain reasonably-priced short-term seasonal merchant accounts. This relatively new concept in the payment processing industry is an ideal solution for Christmas season … Continue reading

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Short Term Temporary Mobile POS Rentals

Sometimes merchants need a short-term temporary payment processing solution. It makes no sense to buy and maintain expensive equipment and pay monthly service fees year-round when not needed or used.  Weekend craft fair vendors,trade show merchants, Christmas tree and July … Continue reading

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A SQUARE deal???

Newest developments on the Verifione vs Square battlefield: Respected researchers at a recent trade show have discovered and demonstrated how easy it is for even non-skilled thieves to use the Square payment processing device to easily commit credit card fraud. … Continue reading

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Posted in Credit Card Processing, Data security, Merchant Accounts, Processing Equipment, Tips & Advise | 1 Comment

IRS Changes Affect Merchants

The Federal Housing Assistance Act of 2008 included the enactment of Section 6050W of the Internal Revenue Code. Section 6050W made it a requirement for ALL processors to report merchants’ gross sales amount from settled transactions (Visa, MasterCard, Discover, PIN … Continue reading

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Posted in Credit Card Processing, Debit Card Processing, eCommerce, Healthcare, Merchant Accounts, Tips & Advise | Leave a comment