Merchant Essentials Archives

February 21, 2022 Katherine Maxwell

The Most Promising Small Business Ideas for 2022

Starting a company nowadays seems like something everybody is doing. And to start one, you need some business knowledge and of course some small business ideas. Still, even though it seems easy, it is not that simple as it sounds. In this crazy competitive market, originality and innovation are the things that will help you stand out from the rest of the world. And with our list of business ideas, you will get a starting point.

December 23, 2021 Katherine Maxwell

All You Should Know About the PCI Non-Compliance Fee

If you are interested in merchant services, you might be curious about the PCI non-compliance fee. This is one of the fees that raises a lot of questions among business owners – what is it for and what does being compliant mean? What services do providers offer in exchange and is there a way to avoid paying for it? You’ll find these and many other answers in this article, so keep on reading.

September 27, 2021 Katherine Maxwell

How to Choose the Best Merchant Processing Company in 2021

Cash-free payments nowadays are essential for running a productive business. Around 73% of American consumers prefer cash-free purchases. If you are running biz or thinking about opening one, the first step will be to choose the best merchant processing company. We will help you narrow down your choices and pick the most suitable provider for your business.

August 24, 2021 Katherine Maxwell

How to Read a Merchant Statement – All You Need to Know

Any reputable business owner should know how to read a merchant statement. This way, you have control over your finances and incomes and an awareness of how well your company is doing. If you intend to start an enterprise, you must understand these statements and how reading them is helpful.

August 18, 2021 Katherine Maxwell

Acquirer Processor Fee (APF) – Things Every Merchant Should Know

In the US, there are over 30 million small businesses according to the Small Business Administration’s (SBA) Office of Advocacy. The competition is fierce and getting merchant processing services can be your solution, but keep in mind that these come with a certain acquirer processor fee (APF). All merchants want to have the best pricing and transaction options for their customers, and if you’re a company owner aiming to learn more about this topic, you’re at the right place.

August 16, 2021 Katherine Maxwell

Merchant Category Code – All You Need to Know About MCC

Credit card (CC) processing systems connect banks, merchants, and consumers enabling them different types of transactions. The main focus of payment processors is acquiring safe payments for their users. Especially for business clients. Merchant category code is used not only to categorize the type of the business but for several more purposes. Here is everything you need to know regarding merchant category codes and how you can use them both to attain safety and boost your company’s results.

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