Payment Processing

What problems can gun merchants encounter with payment processing?

Payment Processing

What Problems Can Gun Merchants Encounter With Payment Processing? An excellent merchant account could make the payment processing very easy and straightforward. However, things could go wrong at sometimes. The people who have been in the gun business for a substantial period fully understand the challenges they face in their payment processing. Most merchants in […]

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What are no-show/ incidental indicators for hotels / lodging

Payment Processing

What are no-shows/incidental indicators for hotels/lodging? In the hospitality industry, a guest who arrives much later than planned, or who fails to arrive at all, is called a “no-show.” The charge the guest faces for not showing up is an incidental indicator, and it may affect payment processing. Understandably, having a no-show is frustrating for

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New American Express Pricing to Reduce Merchant Costs

American Express, Merchant Services, Payment Processing

American Express has announced a fundamental change to its business model in a move that is designed to increase acceptance of American Express cards. Historically, Amex has attempted to position itself as a premium credit card issuer which has come with higher credit card processing fees than other card issuers. This was based on the

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The End of Required Credit Card Signatures

Credit Card Processing, Credit Cards, Emerging Trends, EMV, MasterCard, Payment Processing, Restaurant, Retail, Visa

In April, credit card signatures will become a thing of the past. American Express, Discover, Visa, and Mastercard have all announced they will end the signature requirement for in-store credit card machine purchases. For Discover, Mastercard, and American Express, the end date was April 13. Visa will end the signature requirement later in the month.

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Firearm Merchant Accounts – What You Need to Know

Firearm Merchants, Merchant Services, Payment Processing, Uncategorized

Obtaining a Firearm Merchant Account Firearms are a big ticket item. The ability to process credit card payments can make or break a firearms business. However, securing merchant services like credit card processing can be challenging for firearms dealers because this type of operation is considered high risk from the perspective of potential merchant partners.

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4 Ways Point of Sale Can Improve Your Business

General Articles, Payment Processing, Point of Sale Systems, POS, Uncategorized

A POS system, or point of sale, offered by merchant services providers, refers to a combination of hardware and software that enables merchants to centralize business operations. An up to date point of sale system, such as Bonsai Point of Sale workstation simplifies day to day functions. It is designed with speed and efficiency in mind so

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Surcharge vs Cash Discount – What’s the Difference?

cash discount program, Credit Card Processing, Credit Cards, Customer Service, Merchant Services, Payment Processing, Uncategorized

Surcharge vs Cash Discount – How They Differ There has been a lot of talk about cash discount programs and surcharging recently. Though these two payment processing programs have similarities they are not the same. Here is how the two differ. What are credit card surcharges? A credit card surcharge is a fee that is assessed

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Reduce Your Merchant Services Cost With Cash Discount Program

cash discount program, Credit Card Processing, Customer Service, Payment Processing, Surcharge

Reduce Your Merchant Services Cost With Cash Discount Program. Most people are paperless. In fact, many have become so accustomed to paying for goods and services in this manner, it has become a necessity for merchants to have credit card processing solutions. If the merchant wants to do business, he or she must have a

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Interchange Plus vs Tiered Pricing

HMS vs. Competitors, Interchange, Payment Processing, pricing, Tiered Pricing, Uncategorized

Interchange Plus vs Tiered Pricing No one wants to pay more than necessary for credit card processing, which can already eat into profits. When comparing merchant services, it’s important to understand how different pricing systems work. Many merchant account providers advertise very low fees as a teaser, even though most transactions do not qualify for

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Payment Processing for Medical Practices

Payment Processing for Medical Practices

Merchant Services, Payment Gateways, Payment Processing, Point of Sale Systems, POS

In the healthcare sector, where patient well-being and confidentiality are paramount, the security of financial transactions is critical. This isn’t just about processing payments but it is also about protecting sensitive patient information, from medical histories to financial records, with the highest level of diligence. The industry is uniquely challenged and tasked with adhering to

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paying-with-credit-card-18929847

California Overturns Ban on Surcharges [2023 Update]

Credit Card Processing, Payment Processing, Retail, Small Business, Surcharge

Many retailers impose a fee on customers when they use a credit card as they are charged a fee for using a credit card machine to process a transaction. This practice has long been illegal in California, however. In 1985, California passed a law banning businesses from charging these fees, which forced many businesses to

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