Applying for a high risk merchant account can be an incredibly frustrating process. This is especially true if your high risk business is dealing with an inexperienced high risk merchant account sales representative. Before you start shopping for a new, additional or replacement high risk credit card processing account there are a couple of very […]
Bill and Sue have been dreaming of owning their own business for years and were finally able to save enough money, find the perfect location, and secure the support of their community. The hundreds of hours spent developing, debating, and planning are finally getting ready to pay off. After Bill and Sue proudly walk into […]
Did you know that people have practiced the craft of exchanging currency for a fee since biblical times!? There are documented currency valuations and exchange, for profit, since different cultures created legal tender. In today’s global economy there is a central “warehouse” that facilitates the exchanging of international currencies. This warehouse is known as Forex […]
To quote Vince Vaughn from Wedding Crashers…. It’s wedding season! Wedding season equals lots of planning and also spending (and hopefully not crashing weddings). The bride and groom, as well as the wedding party, are purchasing items such as the dress, gifts, bridal accessories, flowers, the cake, and of course – the wedding rings. Technology […]
Understanding what the true cost to accept credit card is can be a tricky game. Most merchant services sales people don’t even understand it so how can you? Let Bankcard Brokers make it easy.
In Part 2 of our video series we look at the various billing methods that merchant account providers use to hide rates and fees, appear competitive, and maximize their profits. This will help you understand the cost of your credit card processing and help you to negotiate a good deal.
Tiered Pricing is the most common pricing model for merchant accounts but is it the most cost effective way to pay for your merchant account rates? Learn what is tiered pricing and whether or not there is a better way to reduce the cost of your credit card processing.