
In the past few years chargebacks from customers against merchants have increased dramatically. Here are the top questions asked:
In the past few years chargebacks from customers against merchants have increased dramatically. Here are the top questions asked:
Great article from DIGITAL TRANSACTIONS magazine. A succinct and true account of what's happened over the past 16 months.
WHAT IS A MERCHANT CASH ADVANCE (MCA)?
Flat Rate Fee |
Variable Rate |
Flat rate and fixed per transaction charges for every client; no evaluation process |
Evaluation process to determine best rate and... |
ARE YOU PAYING TOO MUCH FOR CREDIT CARD PROCESSING?
No more paying a credit card processing bill every month?! This would be a dream come true for the average business owner. The rise of cash discount has been meteoric over the past five years.
WHY DO I NEED A CREDIT CARD PROCESSOR?
On June 29, 2007 the first iPhone was released and it wouldn't be an overstatement to say that that event changed the world. Today over 3.5 billion people on the planet communicate, receive information and conduct business using their cell phone. It has revolutionized the way people live.
It's an election year and politicians need two main things to succeed:
Every week we meet incredible business owners who have a substantial track record, but they are punted off of their processing platform simply because they're in the wrong industry. Or if they allow them to stay, they insist on millions of dollars in reserve and an outrageous processing rate. We've seen business owners pay as much as 7.5% per transaction just to accept credit card. This is unacceptable.