Articles

How to Avoid Chargebacks

Chargebacks can cause a great deal of trouble for a business, especially when merchant accounts initiate fees for them. Credit card processing has a wealth of benefits, but it also has complications such as consumer chargebacks. Consumers initiate chargebacks for a wide variety of reasons including fraud, attempted theft, honest mistakes and discontent. Every business […]

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Building Your Small Business

Accepting credit cards is a necessity for small businesses because it allows them to remain competitive, offer convenient payment methods to buyers and not forego a sale in the event customers come up short of cash. Understanding the world of credit card processing can seem daunting at first, but these 3 key principles help address […]

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Reading Reviews Before Selecting Your Merchant Account Provider

When looking to select a company to use as a credit card processor, it’s wise to choose one that offers all the right services at a good price. However, one should take it further, and here are three things to look at when reading reviews for a merchant services provider. Speed: Without a doubt, if […]

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All About Flagship Merchant Services

Flagship Merchant Services has been helping merchants conduct transactions online for many years. As a leader in credit card processing and merchant accounts services, Flagship Merchant Services has remained focused on giving business owners of all size the solutions they need to effectively do business completely online. How does credit card processing work? There are […]

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All About CreditCardProcessing.com

Without a doubt, when looking to get credit cards processed, one should go with a solid, reliable and trustworthy company. When doing so, it’s easy to avoid mistakes that others suffer from. While true, one should know where to look, and CreditCardProcessing.com is a great place to go, and here are three reasons why. Provide […]

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What is the Bankruptcy Notification Service?

Without a service, it’s hard for people to know when someone went bankrupt, and this is often a problem when dealing with merchant accounts or other financial services. For this reason, the two major worldwide credit card companies, Visa and MasterCard, have developed a service to help people track bankruptcies. With this, people can see […]

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Batch processing in a merchant account refers to the process of sending multiple credit card transactions for processing at the same time. Often, businesses will start do bath processing at the end of the day to gather all the day’s sales together first. This type of processing is different from real-time processing because it is purposely delayed. This delay, however, can be beneficial to merchants for a variety of reasons. The process can also be automated to take place a specific intervals of the merchant’s choosing, or it can be completed manually by the merchant.

Merchants can receive a range of benefits from using batch processing instead of real-time processing. First, batch processing can provide a lower risk of credit card fraud by initiating a single transaction rather than multiple transactions throughout the day. This provides better security to customers without raising the cost of security options. This can be very beneficial for smaller merchants who are watching what they spend.

Another huge benefit to the merchant is the fees that are paid during processing. While individual credit card processing fees are very small, they can add up when you are accepting multiple transactions throughout the day. Merchants who use batch processing once a day can significantly reduce the amount of fees they incur for their credit card transactions, keeping more money in the business instead of paying it out for fees.

For both small and large businesses, batch processing also provides a way to streamline the business. Batch processing can help merchants find specific transactions better than if transactions are processed individually. This is convenient for merchants who may have to deal with a product return or some other credit card issue with the consumer. Merchants can also streamline the process with batch processing by not having to purchase additional equipment like some other merchants who want individual processing. Many merchant account services also offer a range of incentives to their customers who choose batch processing, such as additional support, lower fees and a range of easy authorization services to make each batch processed quick and convenient for the merchant.