The economy has been on a roar, and consumers are confident and are happily opening up their purses to get out, spend, and plan vacations they’ve been delaying for some time. Today the U.S. economy is bigger than it was at the beginning of 2020, primarily driven by consumer spending. This is giving rise to […]
Five Reasons to Accept Credit Card Payments through a Virtual Terminal Read More »
Merchant services for hotels work a little differently from what you’d find in other industries. Instead of processing sales or issuing refunds, you will check in and checkout your customers. The process sounds simple, but you could potentially deal with chargebacks if you aren’t careful in your work. You must provide the proper dates for
How to Handle Check-In and Checkout Processes Through Merchant Services For Hotels Read More »
Mobile payments have never been more popular. People are using mobile payments these days to complete quick transactions through their mobile devices. You’ll notice a few distinct differences when looking at mobile payments vs. credit card payments. Many of these entail the technologies used and how people may find mobile payments to be more useful
Mobile Payments vs. Credit Card Payments Read More »
You might be worried about accepting credit cards at your business. You could have concerns surrounding how much it costs to purchase the equipment necessary for reading these cards. The fees for each transaction may also be a problem. You might not be comfortable with spending a percentage of each card transaction on handling the
Is Not Accepting Credit Cards Hurting Your Bottom Line? Read More »
MasterCard’s Position on Anti-Competitive Accusations MasterCard is a multinational corporation that consists of thousands of separate institutions. The organization gives consumers access to a large variety of payment options. However, MasterCard does not issue credit cards or sign merchants up to accept credit cards bearing its logo. Instead, merchants contract through a MasterCard association member
MasterCard’s Code of Honor [2023 Update] Read More »
As part of an ongoing series covering the basics of payment processing, The Official Merchant Services Blog is going to discuss Batch Processing today. You may have seen the term come up before –– possibly in reference to your statement or when your merchant account representative first met you. What is Batch Processing? Providing quick
Merchant Services: Batch Processing Read More »
The Official Merchant Services Blog continues it’s two-part series on Tiered Pricing vs. Interchange Plus. After yesterday’s blog defined what Three-Tier pricing looks like, we now take a closer look at how it falls apart and does not save merchants money. Then we’ll outline Interchange Plus pricing and highlight why Host Merchant Services uses this
Tiered vs. Interchange Plus Part 2 Read More »
Today The Official Merchant Services Blog is going to delve into the murky world of hidden fees and tiered pricing plans. This is the first in a two-part series and it focuses on Tiered Pricing. Host Merchant Services offers an Interchange Plus pricing plan. The company offers this plan because of its transparency and the savings
Tiered Pricing vs. Interchange Plus Read More »