Credit Card Processing Blog Posts | Page 6

PayPal offers merchant services, but not merchant accounts. That might seem like a technicality, but the difference between them is important and the impact on your business can be significant. Learn how PayPal compares to a merchant account.

With so many services and recent pricing changes, figuring out all of Square’s rates and fees can be a bit overwhelming. We’ll break down your costs for Square’s credit card processing as well as other software services.

If you want to sell online, you need more than a website. A payment gateway connects your payment processor to the internet and conveys the transaction information so that you can get paid.

Tiered pricing was supposed to simplify the costs of accepting credit cards but more often than not it’s an opportunity for processors to charge merchants more than they would pay with other pricing models. Here’s what you should know about tiered pricing and the best alternatives to it.

Negotiations aren’t just the realm of lawyers. As a business owner, you can negotiate with merchant account providers to get a credit card processing agreement that works for your needs.

Square is great for some businesses, but it’s not right for everyone. Many merchants and entrepreneurs need what Square can’t provide: better pricing at high volumes, better account stability, or an even more robust feature set. Check out these Square competitors to find a solution that works for your business!

Wondering how to accept credit card payments without a merchant account? Learn what third-party payment processing is, and the pros & cons for small businesses.

A free credit card swiper can be tempting for small businesses, but some are better than others. Check out our rundown of the best free card readers.

A particularly confusing and misunderstood fee is the monthly minimum. Rather than a direct fee, it’s the minimum amount in processing fees you’re required to pay your provider monthly. If your processing fees fall short of this minimum, you’re billed the difference; if not, there’s no extra charge.

When choosing an internet merchant account for your eCommerce business, you’ll need to understand how a merchant account interacts with the other elements necessary for selling online, such as payment gateways, payment processors, and shopping carts. Some services combine one or more of these elements, but it’s still important to distinguish these elements from one another.