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 […]

Read more >

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 […]

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 […]

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 […]

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 […]

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 […]

Resources

Choosing A Merchant Services Provider

Consumers today often prefer to pay for their purchases with credit cards over cash or check. As a business owner, you must find a convenient and affordable way to accept their credit card payments. Without this ability, you run the risk of losing business. There are numerous merchant services providers that you can choose to […]

What is an ABA Routing Number?

Each financial institution in the United States is identified by a unique nine digit number commonly referred to as an ABA number. Routing numbers are used in combination with either a personal or business checking or savings account number. ABA numbers are never used for credit card processing unless a consumer has been issued a […]

What is an Acquiring Bank?

Acquiring banks, also known as merchant banks, are financial institutions or banks that are members of a card association licensed with credit card companies. Some well known card companies are MasterCard, Visa, American Express and Diners Club. What does an an acquiring bank do? Acquiring banks accept credit card processing with a use of debit […]

What is Average Ticket Size (AVT)?

Average ticket size can be used to calculate how merchants choose to conduct businesses with banks. The calculated amount is extremely important in determining risks and evaluating the company. An average ticket size or average ticket limit when evaluating a new client. What is it? The average ticket size is calculated by using the average […]

What is Batch Processing?

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 […]

What is Authorize.net?

Authorize.net is a service that provides quick and easy credit card processing for merchant accounts. It uses the Internet instead of a phone line, which is what most credit card processors use. As such, it is faster and more secure. It is too complicated for most merchants to do connect their own accounts directly to […]

What is an Automated Response Unit (ARU)?

An Automated Response Unit (or ARU) allows merchants to accept credit card payments without actually having the card. The person taking the order enters the credit card details manually, and the Automated Response Unit uses a phone line to contact the bank’s system for authorization. The bank’s system then either authorizes or denies the charge, […]

What is an Address Verification Service (AVS)

When accepting payments, one will have to have a merchant account, and they will also have to pay for the service and buy or rent equipment. This is just part of doing business, and one will save money in the long run if they use a great service. With this in mind, an entrepreneur will […]