Payment gateways connect businesses with payment processors to facilitate online transactions. This is a necessary payment technology for ecommerce websites, as it’s required to accept credit cards, debit cards, and other digital payment methods. But not every payment gateway is created equally. In fact, there are several different types of payment gateways to choose from—each| Merchant Cost Consulting - Lower Credit Card Processing Fees
If your business accepts credit cards, you’re going to process some transactions that get declined. But understanding why credit cards decline will help you handle the situation appropriately. Credit card declines can be embarrassing for customers—and more often than not, the decline reason is no fault of their own. This guide covers everything you need| Merchant Cost Consulting - Lower Credit Card Processing Fees
On the surface, the difference between “card-present” transactions and “card-not-present” transactions may seem obvious—the card was either present when the payment was processed or it was not. But the differences between card-present and card-not-present payments are a bit more complex. The presence or absence of a physical card at the time of purchase has a| Merchant Cost Consulting - Lower Credit Card Processing Fees
Setting up recurring payments has become a popular and profitable way for businesses across multiple industries to generate ongoing revenue. Recurring payments are often seen as a win-win for merchants and customers alike, as they eliminate the need for the customer to provide payment details every month. Despite the benefits, recurring payments aren’t always priced| Merchant Cost Consulting - Lower Credit Card Processing Fees
When it comes to shopping online, most consumers have grown accustomed to using credit cards and debit cards to complete the purchase process. PayPal and digital wallets like Google Pay or Apple Pay are popular options as well. But some customers may want to use ACH payments for ecommerce transactions. If you’re looking to add| Merchant Cost Consulting - Lower Credit Card Processing Fees
A merchant service provider (MSP) offers the hardware, software, and infrastructure that businesses need to accept credit cards, debit cards, and electronic payment transactions. They also store payment information, keep cardholder data safe, and help businesses maintain PCI compliance. Some merchant providers offer additional technology for POS systems, accounting integrations, business analytics, invoice collection tools,| Merchant Cost Consulting - Lower Credit Card Processing Fees
Understanding processing fees is crucial for businesses that accept card payments—as these fees have a direct impact on your bottom line. This in-depth guide aims to provide business owners with a thorough understanding of processing fees, their components, and strategies to minimize them. By the end of this blog post, you'll be better equipped to| Merchant Cost Consulting - Lower Credit Card Processing Fees
Everything you need to know about merchant fees in credit card processing. This guide covers the different types of merchant fees and answers merchant fee FAQs.| Merchant Cost Consulting - Lower Credit Card Processing Fees
A full explanation of integrated payments, including how it works, benefits, and real-world examples of how businesses leverage integrated payment solutions.| Merchant Cost Consulting - Lower Credit Card Processing Fees
Credit card processing fees are simply part of doing business in the modern era. If you want to provide your customers with a smooth and convenient way to pay for goods or services, then you’re going to pay processing fees to accept card payments—there’s just no way around it. With that said, you do have| Merchant Cost Consulting - Lower Credit Card Processing Fees
