Credit Card Processing Blog

With a wide variety of solutions that are tailored to specific industry needs, National Bankcard could give you the payment processing tools that you want for your company's success. National Bankcard runs several free equipment promotions, making it easy for you to save money on your way to accepting payments. You'll also have the potential to access cash advances of 3,000 to 300,000 dollars, which could really help you get your business off the ground. Read more

Originally designed to help smaller merchants compete with big businesses in terms of getting great processing rates, Merchant Warehouse is still one of the top payment acceptance companies in the industry. You'll still receive individualized payment solutions from a dedicated account representative, while the company's $100 lowest overall cost guarantee means that you only stand to gain by seeing what type of processing solutions Merchant Warehouse can offer you today. Read more

During your search for a payment processing provider, you’re likely to focus on cost and amenities. Unfortunately, only once you’ve signed the contract and begun working with a processor do you get an in-depth look at its customer service. If the provided service is in line with what was promised in the contract you signed, you may have no choice but to continue working with the provider for the remainder of the term. This is avoidable, however, if merchants carefully review the company’s customer service offerings. A provider that prides itself on paying attention to customer service will highlight this feature on its website. When little information is available on a company’s customer support, this should serve as a red flag to merchants. Unless the company offers a month-to-month option with no obligation, you should avoid a processing service that doesn’t place an emphasis on support for its merchants. Here are three things you should require before signing with a processor. 24/7 Support One often-cited problem with payment processors is limited customer support hours. When a company makes support available… Read more

Customer convenience is important for any business, which is why most businesses today accept a wide variety of payment forms. Experts have predicted cash will eventually become obsolete, but it still plays a key role in consumer spending today. Low-dollar transactions, which make up approximately one-third of a consumer’s monthly payments, are still often paid in cash. So while customers may not spend as much in cash each month as the high-dollar transactions they handle by credit card, the volume of cash transactions is still fairly high. For some retailers, cash is still relevant, even when all major forms of payment are accepted. Those businesses may find that offering customers access to that cash can result in an increase in traffic from consumers who might otherwise skip their establishment. By installing an ATM on site, businesses can reach out to customers by merely hanging an “ATM Here” sign on its door. Here are a few situations where an on-site ATM could boost business for a merchant. Your Customers Pay in Cash There could be a variety of reasons your customers… Read more

Merchants have numerous choices when choosing a payment processor. While the internet has made it easy to research the different rates and amenities offered by a company, it also can make the search process seem overwhelming at times. Business owners may have no idea where to start in comparing providers, especially since each processor differs so greatly from the others. These helpful tips can make it easier to choose between the many services available today. They’ll help you determine the main points you should consider when choosing a payment processor and hopefully assist you in obtaining the best possible rate for your processing services. Rates Rates can be complicated to calculate, since different providers offer different fee structures. Here are the two basic types of credit card processing pricing rates: Tiered Pricing—The most popular of the two options, tiered pricing offers three major types of fee structures: qualified, mid-qualified, and non-qualified. As popular as it is, however, tiered pricing can be tricky, since each processing service has its own way of deciding which types of transactions are “qualified” and which… Read more