Statistics show that the average credit card purchase is $40, over four times more than the average cash purchase. For…
Month: November 2011
Internet Merchant Accounts: Not the Only Item for Online Processing
Internet Merchant Account Not the Only Item for Online Processing Internet processing can be puzzling to any business just beginning…
Business Merchants Must Perform a Few Tasks to Begin Credit Processing
Any business desiring to handle credit, debit, or other forms of electronic transactions must have a processing account in place.…
ACH Transactions Have Multiple Business Applications
Electronic transfers are run through the Automated Clearing House or ACH network. Transactions can be transferred between company accounts, to…
Business Payment Services Advance Your Profit Potential
You strive to provide improved products and convenience to customers as your business grows. Expanding available payment options may be…
Internet Merchant Bank Account Fees: An Overview
To say the Internet is the new marketplace is an understatement. More accurately, it is the new global marketplace—a place that any merchant can be a part of with the help of an independent selling organization (ISO). The accounts provided by ISOs are bank accounts that allow merchants to accept and process debit, credit, and check payments, whether in store, on the go, or online. For many businesses, an online account is the most lucrative, as it reaches customers globally. Nevertheless, like all merchant accounts, an online account involves fees; seven of those fees are profiled below.
