Category: Credit Card Processing


Credit Card Processing

TanTrack Salon Software Review

Ben Dwyer
by Ben Dwyer

In this TanTrack review, we’ll cover features, pricing, and more to help you decide if TanTrack is the right solution for your tanning salon. What You’ll Need TanTrack is POS salon management software. You’ll need hardware with the minimum compatible system requirements. To use the basic features of TanTrack, you’ll need tanning bed timers, cash […]

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Jeff Oakes founded Niche Soft, a small software company in Dallas, Texas to address a need in the tanning salon software market. He built TanTrack as a simple to use POS salon management software solution. Over the years, TanTrack has advanced to include social media and accounting integrations, advanced ID verification capabilities, and much more.

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Credit Card Processing

Credit Card Processing Basics: Pricing Models

Ben Dwyer
by Ben Dwyer

In this guide to pricing models, we’ll explain the pros and cons of different options. Fundamentals of Processing Fees Interchange Plus Wholesale Processing 0% Markup Processing Membership Processing Tiered or Bundled Pricing Flat Rate Pricing Zero Fee Processing The Best Credit Card Processor Fundamentals of Processing Fees Before we can get into pricing models, it’s […]

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When looking for the best credit card processor for your business, the pricing model the processor uses can have a big impact. Pricing models dictate how processing fees are charged and passed to you and can set the stage for either very competitive or very expensive pricing.

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Credit Card Processing, Scams and Fraud

Merchant Services Scams

Ben Dwyer
by Ben Dwyer

The sneaky part? It’s not a call from your current merchant services company, and the company has no idea about your current rates and fees. The Merchant Services Sales Call Version 1 Version 2 What Happens What To Do Lawsuits Checking Your Pricing The Merchant Services Sales Call There are different versions of the sales […]

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Merchant services sales reps use a variety of tactics to try to win your business, but some of those tactics are more deceptive than others. One example is a pre-recorded sales call that claims your pricing has increased and states that if you don’t contact the company, it indicates you agree to the price increase.

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Credit Card Processing, ecommerce

Understanding Ecommerce Payment Options

Julia Olson
by Julia Olson

When it comes to ecommerce payments, you have several options. One of the more common ways to collect payments is through a virtual shopping cart, but there are alternatives to this method that each have their own unique benefits. Here’s a list of some of the pros and cons to accepting ecommerce payments in a variety […]

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Creating a seamless experience for your online customers is essential when crafting an e-commerce website. You want to make sure your site is engaging, well-written, and optimized for your buyer’s journey – and your payments experience is a big part of that. The last thing you want is for your customer to get all the way to the checkout and leave the page because of a poor experience.

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Credit Card Processing, News

New Mastercard Bins – 2 Series

Ben Dwyer
by Ben Dwyer

What is a BIN? Mastercard’s New BINs BINs by Card Brand What do I need to do to accept the new Mastercards? Ecommerce Businesses What is a BIN? A Bank Identification Number (or BIN) is the first 6 digits of a credit card number. BINs identify the bank that issued the card and help ensure […]

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In summer 2017, Mastercard began issuing cards with a new bank identification number (BIN.) Where previously Mastercards started with the number 5, some cards now begin with the number 2. Find out what this means and get details on how to make sure your business is ready to accept these new 2 series cards.

Mastercard Location Fee

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Credit Card Processing, Legal, Scams and Fraud

Avoiding Fraud: Takeaways from the Commerce Payment Systems Scandal

Ben Dwyer
by Ben Dwyer

The executives, who worked for Commerce Payment Systems, are accused of perpetuating a scam against thousands of small businesses and obtaining more than $30 million through overcharging and deceptive tactics. In this article, I will lay out the allegations and show you how to avoid potential scam practices when choosing a credit card processor for […]

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According to the Department of Justice, two executives of a credit card processing company have been charged with fraud.

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Credit Card Processing

EMV PIN Debit – Common Questions and Problems

Ben Dwyer
by Ben Dwyer

PIN debit and signature debit transactions have different fee structures. You may pay more for one or the other, depending on the amount of the transaction and other factors. It’s important to know when a customer will be prompted for a PIN. EMV Debit vs. PIN Debit My new EMV terminal doesn’t require a PIN […]

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With EMV chip cards, some customers aren’t prompted for PINs when entering their debit cards, with the machine instead defaulting to signature debit. Why does this matter, and what can you do about it?

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Credit Card Processing, Specialty Businesses

Credit Card Processing Restrictions on Marijuana Businesses

Ben Dwyer
by Ben Dwyer

That’s because while recreational marijuana is now available for sale through dispensaries in multiple states, it’s not legal on the federal level. In fact, the federal government lists it as a Schedule I drug, considered as dangerous as heroin. In 2016, Alaska, California, Maine, Massachusetts, and Nevada voted to legalize recreational marijuana. While medical marijuana […]

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The legal marijuana industry is incredibly lucrative, but customers have little choice but to pay cash for their weed.

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