May 22, 2023
It is estimated that 1.61 billion people worldwide purchased goods and services online in 2016, when international eCommerce sales accounted for 1.9 trillion US dollars, and has been projected that this amount will reach 4.06 trillion US dollars by 2020. Payment Processing for eCommerce Retailers It is a fact that online retailers in the eCommerce… Read More
May 21, 2023
Is your company categorized as needing a high risk merchant account? Have you already been turned down by other credit card payment processors? This is a common problem that high risk business owners face. So, how can you get approved for payment processing? This article will provide you with answers to your questions. As Soon… Read More
May 20, 2023
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 20, 2023
When your business is considered one that comes with added “risks” it means that you will be categorized as a high risk merchant and therefore require a high risk merchant account. In the beginning stages of getting operations for your company up and running, there are many business owners who initially don’t even realize that… Read More
May 20, 2023
When an aggregate merchant account like PayPal, Stripe, or Square kick you off their platform or freeze your account, it can be confusing as to what to do next. Well, we’re here to answer all of your questions and to take the guesswork out of what your next steps should be. Here, we’ve laid out… Read More
May 20, 2023
There has been a massive increase in the popularity of cryptocurrencies. More business owners are in need of a crypto merchant account. Cryptocurrencies in general have gained global attention and acceptance. As a result, there is an increased need for crypto merchant accounts. In addition, these businesses need crypto payment processing solutions. How to Get… Read More
May 19, 2023
How do you know if your business has been categorized as a high risk merchant and why is it important to make sure you have the right merchant account for your business? Not understanding the difference or the importance could have a detrimental impact on your business. Businesses that are considered high risk have to… Read More
May 19, 2023
Return Item Chargeback There are many reasons a consumer may file a return item chargeback. There are over 50 chargeback reason codes between all the major card brands, and while the list is too long to cover them all here, we wanted to address the most commonly abused reasons for a credit card chargeback dispute… Read More
May 19, 2023
Hard to place merchant services are also known as high risk. These types of businesses can struggle to find sustainable payment processing from standard banks. But luckily hard to place merchants have other options. Companies like PayKings provide merchant accounts for businesses in unique industries. Our team of experts helps you apply for payment processing… Read More