PayKings Blog

How Does Shopify Work?

How Does Shopify Work?

January 15, 2021

Shopify is a well-known eCommerce solution for independent business owners everywhere. It’s available in 175 countries with over 1,000,000 businesses using the all-inclusive online selling platform. Their model charges a monthly fee to give sellers access to the platform, and they have recently created Shopify Payments as a way to accept payments online. If you’re… Read More

Online Merchant

Online Merchant

January 13, 2021

As consumers continue to veer away from brick-and-mortar shopping and pivot to e-commerce stores, online merchants will continue to flourish. Especially in this post-pandemic world, businesses need to be prepared to take sales off the shelves and onto their website. What is an online merchant? Online merchants are simply businesses that operate their business through… Read More

Terpenes Merchant Account

Terpenes Merchant Account

January 12, 2021

A terpenes merchant account is essential for selling this unique cannabis-related product online. Much like CBD and THC, terpene oils fall into a highly regulated industry. Because of their associations with cannabis, many payment processors place terpene merchant accounts in the high risk category. Although the regulations for cannabis and terpenes are constantly changing, it… Read More

Merchant Service Partner

Merchant Service Partner

January 11, 2021

Agent Partners As an agent, your goal is to connect merchants to the resources they require. Finding a merchant service partner is key to making that happen. You might have one or two major organizations you work with, but when it comes to offering a range of services, your portfolio may not be as vast… Read More

Shopify Merchant Account

Shopify Merchant Account

January 7, 2021

You set up your ecommerce store, listed your products, and are ready to start selling. Your last step is finding a Shopify merchant account. The platform has their own service called Shopify Payments, which allows you to apply for a merchant account through them, but it comes with certain limitations. We’ll discuss more about that… Read More

Stripe vs Paypal

Stripe vs Paypal

January 6, 2021

Knowing the differences between Stripe vs PayPal is key to choosing the best payment processor. With many credit card processing services on the market today, finding the right one can be daunting. Each company operates in different countries, offers unique services, and sells various products made to work with their own devices. There are several… Read More

Key Insights for the State of eCommerce, Fraud & Chargebacks in 2021

Key Insights for the State of eCommerce, Fraud & Chargebacks in 2021

December 31, 2020

2020 was a rough year for everyone. If there was a silver lining to it, though, we can point to the fact that the eCommerce market outpaced everyone’s expectations. US eCommerce jumped by more than 30% this past year, equivalent to nearly three years of growth in just one twelve-month period. At the present rate,… Read More

Recurring Payment

Recurring Payment

December 30, 2020

A recurring payment is an automatic transaction from a customer to merchant that occurs periodically. It’s often used as a convenient way to secure payments for goods or services by companies who have monthly billing. As a customer, if you’re paying for an online streaming service like Netflix or using a yearly ecommerce store service… Read More

High Risk Merchant Account

High Risk Merchant Account

December 28, 2020

High Risk Merchant Account Guide Finding the best high risk merchant account is essential for businesses trying to operate in the high risk space. In any industry, ecommerce customers are used to paying with debit or credit cards so it’s important to have the right payment options. What makes a company high risk?  The term… Read More

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