Merchant Services Blog Insights
Stay informed with expert insights on payment processing and merchant services.
What is a Payment Processor?
A payment processor is a company that handles transactions for a merchant. Obviously, the merchant themselves can handle cash transactions. The payment processor handles payments involving credit cards, debit cards, and more recently, cryptocurrencies. Are there differences between payment processing...
Y2Payments and Customer Service Go Hand In Hand
The world of consumer products is a customer service oriented world. Actually, thanks to the internet and the fact that any information is instantly available, any business that deals with customers or clientele needs to have high quality customer service....
ACH, PCI and other Payment Acronyms You Need to Know Now
Owning a business comes with something of a learning curve, and it’s one reason why so many promising young businesses close before they’ve even gotten the chance to fly. Partnering with businesses that can help you achieve your financial goals...
Interchange Plus Pricing is Great for Profitable Businesses
It’s time for a bit of truth. You can’t own a business now without being able to accept debit and credit cards. The average consumer often doesn’t even carry any cash, which means that you need to accept credit or...
Merchants and Payment Fraud: The Guide You Need
It’s a sad reality that payment fraud is something all business owners have to think about. While we wish it would simply disappear, it’s not going to go away any time soon. The big problem with payment fraud, aside from...
The Benefits to E-Commerce Business Models
Almost every blog you read will tell you that the e-commerce market is growing fast with few signs of slowing down in the near future. In fact, a 2014 RJMetrics study found there were more than a hundred thousand ecommerce...
What is a Remotely Created Check or a RRC?
Many payment methods are available today, and among them are remotely created checks, or RCCs. They’re a convenient way to take payments from customers, and for more than two decades, they were a dominant way for customers to pay bills...
The Difference Between Credit Card and Debit Processing
Most merchants can process both credit and debit cards. The two work very differently, though, for both the customer and the merchant. For the customer, those differences are obvious. The source of the funds on a credit card is an...
What’s the Difference Between Chip and Signature and Chip and PIN Transaction?
It seems nearly every major credit card issuer has gone to chip-enabled cards, and for good reason. These cards have far more fraud-prevention features than others available today, and that not only protects the credit card companies that issue them...
Advice to a Business Owners Looking for a Payment Processor
You have to find a way to accept customers’ electronic payments today. Whether you run a brick and mortar business or one online, to become profitable, you’ll need to deal with electronic payments like credit and debit cards and e-checks....
