Category: Credit Card Processing


Credit Card Processing, Legal

Cash Discounting for Credit Card Fees: Is It Legal?

Ben Dwyer
by Ben Dwyer

The short answer: yes, when done correctly. The longer answer is that there’s a lot of confusion about the difference between “cash discounts” and “surcharges,” or “checkout fees” and that confusion has led to labeling surcharge programs as cash discount programs. Let’s look at the differences between the two and how you can stay on […]

TwitterFacebookLinkedIn

Credit card processing companies are popping up left and right offering “cash discount” programs to eliminate your credit card processing fees. Are they legal and are they permitted in merchant agreements?

Credit Card Cash Discounts

Read the full article

Credit Card Processing

Stripe Terminal for In Person Payments

Ben Dwyer
by Ben Dwyer

However, it’s not quite what you’re thinking. The Stripe Terminal solution allows businesses to build their own card-present checkout system by programming it with pre-certified card readers. The company calls it an “API-driven solution” and says that it’s geared toward tech-savvy businesses with both online and offline selling channels. If you’re not tech-savvy (or don’t […]

TwitterFacebookLinkedIn

In autumn 2018, Stripe officially announced the launch of Stripe Terminal, an option for in-person payments.

Stripe Terminal

Read the full article

Credit Card Processing, Specialty Businesses

Credit Card Processing for Bail Bonds

Ben Dwyer
by Ben Dwyer

“High risk” in this case isn’t a reflection on your specific business. It’s just a reality of your industry. It also doesn’t mean that you can’t get a good solution for your business, it just means you’ll need to be aware of restrictions on high risk, as well as what to look for when evaluating […]

TwitterFacebookLinkedIn

Businesses that offer bail bonds are considered a “high-risk” industry when it comes to credit card processing.

Credit Card Processing Bail Bonds

Read the full article

Credit Card Processing

Misconceptions in Credit Card Processing

Ben Dwyer
by Ben Dwyer

In this article, we’ll clear up these credit card processing misconceptions to help you avoid common pitfalls and misleading sales spin. Flat Rate Pricing is the Cheapest Interchange Plus Pricing Protects You from Being Ripped Off You’ll Get the Best Pricing by Cutting Out “Middlemen” You Can’t Get Lower Pricing Unless You’re a Big Business […]

TwitterFacebookLinkedIn

There are several common misconceptions in credit card processing and sales reps can use those to trick you into overpaying.

Misconceptions in Credit Card Processing

Read the full article

Credit Card Processing, Security and PCI Compliance

OmniShield Assure

Ben Dwyer
by Ben Dwyer

OmniShield Assure is a PCI and security program. The company says that the main benefits are improved security and reduced financial risk. If you’re paying for the program, you’ll probably see it on your statement among other monthly fees. Note: OmniShield Assure was originally created by Vantiv, which was purchased by Worldpay. Then Worldpay was […]

TwitterFacebookLinkedIn

If you’re a business using Vantiv (acquired by Worldpay and then by FIS), you may be wondering about a fee for OmniShield Assure on your bill.

OmniShield Assure

Read the full article

Credit Card Processing

Guide to QuickBooks Credit Card Processing

Ben Dwyer
by Ben Dwyer

It’s the best of both worlds: the convenience of QuickBooks and more competitively priced credit card processing. There are many processors that offer integration with or data export for QuickBooks, eliminating manual transaction entry. However, different processors utilize different integration methods and some may not work with your version of QuickBooks. In this guide, we’ll […]

TwitterFacebookLinkedIn

Intuit’s QuickBooks is a popular choice for business accounting, but if you accept credit cards through Intuit merchant services, you’re well aware that it comes with high costs. What you may not know is that you can use a lower cost processing option and still automatically input your sales data into QuickBooks.

Quickbooks Credit Card Processing

Read the full article

Credit Card Processing, Medical and Dental

Credit Card Processing for Pharmaceuticals

Ben Dwyer
by Ben Dwyer

If you’re running a business that sells a medication, product, or supplement that makes a health claim or treats an illness, you’re in ‘pharmaceuticals.’ In this explanation of high risk merchant accounts for pharmaceuticals, we’ll explain the various categories involved and help you determine the right credit card processing solution for your business. Why are […]

TwitterFacebookLinkedIn

Pharmaceuticals, nutraceuticals, and the more nebulous “pseudo-pharmaceuticals” are all considered high-risk sales in credit card processing. That means a different approach to securing a processor.

Credit Card Processing for Pharmaceuticals

Read the full article

Credit Card Processing

Credit Card Processing for Travel Agencies

Ben Dwyer
by Ben Dwyer

One reason for that is the higher-than-average chargeback rates that can come from bookings for a future trip that a client later wants to cancel. Not to worry. Even as a high risk business, it’s still possible to secure a merchant account to accept credit cards. Here’s what you need to know as an agency, […]

TwitterFacebookLinkedIn

When most people think of “high risk” credit card processing, they think of gambling, firearms, tobacco, and similar industries. But travel agencies also typically fall under “high risk.”

Credit Card Processing for Travel Agencies

Read the full article