June 5, 2020
By Mike Cassidy, Storyteller, Signifyd – There is nothing normal about the “new normal” for retail as COVID-19-inspired restrictions begin lifting in communities across the country. Brick-and-mortar commerce is taking halting steps to invite customers — but not too many customers — back into stores. Ecommerce continues to punch well above its pre-pandemic rate with… Read More
June 1, 2020
What does it take to be the best high risk merchant account? Not all payment processors are made the same. There are several different merchant service providers in the industry and some are better than others for when it comes to key features. It is important when searching for the best high risk merchant account… Read More
June 1, 2020
An acquirer is a bank or financial institution who is a licensed member of a card association that maintains the merchant’s bank account. The acquirer allows merchants to accept credit card payments by working with the credit card companies and acting as a mediator for all transactions. There are several steps when setting up your… Read More
May 21, 2020
A business is considered high risk if the company functions in an industry banks categorize as high risk. These high-risk businesses may operate in unique verticals like CBD or have payment models like subscription billing which can lead to higher chargeback rates. List of High Risk Factors So what exactly qualifies a business as high… Read More
May 18, 2020
If you are considering choosing Paypal as your payment processor, you should understand what Paypal fees you may be charged. The bottom line: every transaction is not created equal. Here is a breakdown of the most common Paypal fees that businesses end up having to pay so you can make an informed choice on what… Read More
May 14, 2020
With the rapid growth in CBD merchant accounts, banks are enforcing stricter policies when it comes to CBD health claims. As a general rule, it’s critical to avoid specific language and direct medical claims on your website. Following a few basic policies and adjusting the wording for CBD items on your website will help expedite… Read More
May 11, 2020
In a market where nearly everyone has access to credit, it is common to see individuals from all walks of life weighed down by poor credit. This keeps some people from accessing quality-of-life purchases such as vehicles and homes. As a way to remedy this problem, specialized credit consolidation and repair companies have begun to… Read More
April 30, 2020
For over seventy years, many have asked the question, how do credit cards work? Invented in 1950, credit cards have changed the landscape of commerce throughout their long evolution. Now, they are used in over 25% of all transactions. The convenience they provide for pay-later purchasing and online shopping has made for an entirely new way… Read More
April 24, 2020
Continuity subscription merchants are realizing the importance of ongoing revenue to grow their business. This billing model allows companies to have a secure and consistent customer base that they can count on. However, there are challenges when it comes to passively processing financial transactions like this. For instance, subscription merchants or a recurring payments structure… Read More
