We live and work in a global world. It’s no wonder that many of today’s consumers are hungry for a digital currency that allows person-to-person transactions across borders—without governments or big banks getting in the middle. Bitcoin, the first and most popular form of decentralized virtual currency, satisfies that demand by enabling fast, easy transactions […]
Interchange plus sounds like something that would be crowded with cars during rush hour, but it’s actually an important concept to know if you accept credit cards in your business. First, it would be helpful to understand what the term interchange means. The term refers to the credit card processing rates that are set by […]
The shipment of Maine lobster didn’t come in on time… the chocolate mousse cake isn’t silky smooth… the host booked three parties of 15, all at 6:30 pm! Yikes! There’s plenty to worry about in the day-to-day operations of running a restaurant. However, accepting credit card payments shouldn’t be one of them. With Breadcrumb Point […]
When business owner Shannon Seip moved her health-food café from Wisconsin to Seattle, switching to an iPad-based point of sale system was “a cost-saving no-brainer.” And she’s not the only one who thinks so. Mobile point of sale is “the single fastest moving trend in retail since internet was added to the stores,” says […]
The Nutraceutical Industry Often Struggles with Merchant Accounts to Accept Credit Cards. Recently, for instance, one of the world’s largest acquiring (or processing) banks shut down their entire portfolio of nutraceutical merchant accounts leaving thousands of legitimate domestic and international nutritional supplement manufacturers without a means to service their customers. Having a merchant account […]
EMV, Apple Pay, NFC, chip cards, chip and PIN, IC Cards ….. Are you feeling confused? All you want to do is to do what you do best – run your business and be able to accept credit cards! Bankcard Brokers is here to help! Well, there is a deadline for businesses to upgrade their […]
Top 10 Reasons to Start Accepting Credit Cards Today Whether you are offering online services, or are located primarily offline, it is a good idea to start accepting credit cards. There are many instances when shoppers want to buy something now, and can’t – because you do not accept credit cards. You can increase the […]
Are you working with an ISO that hides fees? Isn’t working in the best interest of you OR your client? Do you get calls about “surprise fees” popping up in your merchant’s statements? We’ve seen a disturbing trend in the industry of late with some hidden and heretofore “not mentioned to the agent” fees that […]
[fusion_text]High Risk Industry Business Tips for 2013 High Risk Merchant Processing 101 Many domestic merchant account providers deny payment processing to high risk merchants. As nearly every business depends on the ability to accept credit card payments, we are here to make that possible for merchants in high risk industries. For many companies, effective payments […]
In this blog post we will discuss characteristics that classify a business as “high risk” and thus eligible for high risk loans. We cover several scenarios leading to a high risk categorization. We also explain what a high risk loan is, and why this sort of loan may apply to your business. Here are some […]