PayKings Blog

MCC Codes

MCC Codes

August 27, 2020

MCC stands for Merchant Category Codes. An MCC code is a four-digit universal number used to categorize businesses in specific industries. This code is used by all major credit card providers – Visa, Master Card, American Express, and Discover. The codes may be different per credit card company, but for each one, they help maintain… Read More

What is an Echeck?

What is an Echeck?

August 27, 2020

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

Fantasy Sports Merchant Account

Fantasy Sports Merchant Account

August 18, 2020

Online fantasy sports companies have a new opportunity to process payments online. With the trending surge of growth in fantasy sports, banks have extended their interest in new merchants.  PayKings can help your website accept payments by setting you up with a new merchant account. Contact us to learn more about the new ACH options… Read More

Beginner’s Guide to Behavioral Analytics

Beginner’s Guide to Behavioral Analytics

August 13, 2020

By Evelin Racz, Content Marketing Manager, Capturly – Have you ever heard of website analytics? Are you interested in e-commerce trends and web development? Make yourself comfortable and get to know the basics of behavioral analytics. This might be the next step to get your business booming. In this comprehensive guide to behavioral analytics, you… Read More

Fantasy Sports Payment Processing

Fantasy Sports Payment Processing

August 11, 2020

Fantasy Sports Merchant Account With an increasing rise in sports and online gaming, many people are considering growing their own fantasy sports business. In order to have an online shop, companies will be looking for merchant accounts that are suited to their industry. As online fantasy football, basketball, hockey and other esports take the stage… Read More

6 Steps To Create A Vape Store Website

6 Steps To Create A Vape Store Website

August 11, 2020

By Jimmy Rodriguez, COO & Co-founder, 3dcart – The vaping and e-cig market is expected to increase in popularity by 20% over the coming year, with some of the more popular brands seeing sales explode by as much as 7,000%, vaping is a promising niche to pursue. Moreover, taking your vape store online can be… Read More

What Is a Rolling Reserve and How Does it Affect You?

What Is a Rolling Reserve and How Does it Affect You?

July 30, 2020

A rolling reserve is a strategy used by banks to shield themselves and the merchant from possible financial loss due to chargebacks from the customer. A portion of the funds are collected via credit card and secured by the bank from the merchant’s account to minimize the risk of potential chargebacks. The rolling reserve amount… Read More

Shopify CBD

Shopify CBD

July 13, 2020

As the hemp and CBD industry continues to grow, ecommerce platforms like Shopify are seeing surges of CBD startup growth. Beyond unique product lines and creative marketing, new businesses need to understand how to acquire a CBD merchant account if they want their presence known in the Shopify CBD market.  Can I Sell CBD On… Read More

10 Best Telemed Companies

10 Best Telemed Companies

July 13, 2020

Now more than ever, health care companies, doctors, and medical professionals are moving their operations online. Telemed allows a patient and clinician to meet remotely. Telemed (short for telemedicine) has significantly grown in popularity because of the convenience it offers. As a result, PayKings offers sustainable telemed merchant accounts for health companies making the move… Read More

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