PayKings Blog

Merchant Account, Payment Gateway, or Both?

Merchant Account, Payment Gateway, or Both?

July 25, 2021

Often the terms payment gateway and merchant account are used interchangeably. However, these two payment processing tools are quite different and work with each other in an online transaction. In this current digital era where electronic payments and e-commerce are mainstream, we come across more terms and concepts to keep top-of-mind. Let’s explore some of… Read More

How To Sell CBD Online

How To Sell CBD Online

July 23, 2021

CBD oil is a huge market, one which is estimated to rise to around $2.1 billion this year. If you want a piece of the action, now is the time to get your foot in your door. There are plenty of chances to make big bucks selling CBD oil products to consumers, online and offline,… Read More

Continuity Subscription Merchant

Continuity Subscription Merchant

July 22, 2021

The continuity subscription merchant model is consistently growing. And the world continues to shift to purchasing more products and services online. As a result, there are subscription businesses emerging in industries everywhere. In turn, they offer their products services on a scheduled time basis. Some examples of this type of business include successful services such… Read More

Secure Credit Card Processing

Secure Credit Card Processing

July 19, 2021

Secure credit card processing means following the standards referred to as PCI compliant. These regulations help merchants keep online information secure for their customers. A secure payments page offers a lot of important features to your online store. Increases purchasing trust Improves the customer shopping experience Reduces cart abandonment Decreases fraud Legitimizes your online store… Read More

Square vs PayPal

Square vs PayPal

July 18, 2021

If you’re in the market for a merchant account, you’ll want to know the differences between Square vs PayPal. It’s no surprise to learn that there are several major payment processing contenders, but these two are often on the top of the list. Ever since the massive growth of online shopping and the increasing trend… Read More

When Square Drops Your High Risk Merchant Account

When Square Drops Your High Risk Merchant Account

July 17, 2021

What Happens When Square Drops Your High Risk Merchant Account? Large merchant account providers like Square can drop you from their platform or even freeze your account. It may come without warning. Suddenly you’ll find a message that Square has stopped your ability to process payments online because your company requires a high risk merchant… Read More

What is an Echeck?

What is an Echeck?

July 16, 2021

An eCheck or electronic check is an electronic version of a paper check. Instead of paying with a traditional check, the payment processes online through Automated Clearing Houses also called ACH . Customers who select an eCheck as their payment option enter their bank routing number and checking account number to complete the electronic check… Read More

5 Ways Lenders Can Save Time Making Loan Decisions

5 Ways Lenders Can Save Time Making Loan Decisions

July 15, 2021

By Sean Albert, SVP & CMO, MicroBilt – A day in the life of a lender isn’t always easy. Their initial job is to present loan options to borrowers and advise them of the best loans available for their purposes. Once the borrower decides to apply for a loan, the lender must gather information, collect… Read More

Am I Considered A High Risk Merchant?

Am I Considered A High Risk Merchant?

July 14, 2021

If you process credit cards you have most likely heard the term “high-risk”. Some business types are considered high-risk in the credit card processing industry for many different reasons and as a result of this, high-risk businesses are often turned down for merchant accounts and in some cases shut off from processing payments entirely.  It’s… Read More

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