What is a Value Added Merchant Service Provider?

Merchant Service Providers (such as TransFirst, Acceptiva or Heartland) are entities licensed to work with Credit Card networks (such as Visa, MasterCard) and issuing banks (such as Wells Fargo) to provide the technology needed for businesses to accept credit card payments for goods or services.   A merchant service provider will set up rates and fees for [...]

By | 2017-08-11T22:07:14+00:00 August 2nd, 2017|Billing, payment provider, PCI Compliance|0 Comments

How will Email Statements help my business?

Email Statements are the best way to get customers to review and pay outstanding bills quickly, easily and hassle free.   The three most valued priorities for a business are quality products and services, excellent customer service and consistent cash flow. Often times businesses find themselves operating with very high accounts receivable which [...]

By | 2017-08-11T22:07:14+00:00 July 24th, 2017|Billing, Forms, payment provider, statements|0 Comments

What is PCI Compliancy and why is it so important?

PCI Compliance (Payment Card Industry Data Security Standard (PCI DSS) as established by Visa/MasterCard/ Discover/Amex/JCB) is most often a requirement when setting up a merchant services account to provide security when processing credit cards.  PCI is designed to make paying by credit card safe and secure but ultimately, this is about much more than just [...]

By | 2017-08-11T22:07:14+00:00 July 11th, 2017|PCI Compliance|1 Comment

How to read my merchant services statement

If you already have a Merchant Services account or are managing a business or non-profit organization, chances are you have taken a look at a credit card statement and realized you have no idea what is what.  This is because bank statements are typically filled with banking acronyms, banking terminology and hard to identify charges.  Often [...]

By | 2017-08-11T22:07:14+00:00 June 20th, 2017|Billing|1 Comment

What is an Interchange rate?

On a Credit and Debit card merchant account interchange rates are generally the highest fees charged to a merchant. They are the amount that is charged to the merchant and passed through to the bank that issued the card. The interchange rates will vary depending on the type of card. A bank debit card will [...]

By | 2017-08-11T22:07:15+00:00 June 1st, 2017|Billing|1 Comment