PayKings Blog

MCC Codes

MCC Codes

May 17, 2023

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

Psychic Merchant Account

Psychic Merchant Account

May 17, 2023

A psychic merchant account is essential for anyone running an online business in this unique industry. With occult services like fortune-telling and psychic readings, certain banks consider the industry high risk. Nonetheless, the demand for foreknowledge and insight into the unknown is on the rise. From large companies and platforms, psychic readers can freelance their… Read More

What Is An Acquiring Bank?

What Is An Acquiring Bank?

May 17, 2023

An acquiring bank is a financial institution who is a licensed member of a card association that maintains the merchant’s bank account. The acquiring bank 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

Timeshare Merchant Account

Timeshare Merchant Account

May 17, 2023

With the travel industry on the rise again, obtaining a timeshare merchant account is in high demand. Timeshares have a history of high risk in the payment processing industry. Many people who can’t make it to their vacation destination try to reverse payments after realizing they can’t cancel an agreement. Chargebacks, therefore, are an infamous… Read More

Online Gambling Merchant Account

Online Gambling Merchant Account

May 16, 2023

An online gambling merchant account isn’t easy to come by. Sites like Cardgames io, Replay Poker, and San Manuel Online Casino all have something in common; they work in a unique niche. It’s all fun and games until your customers can’t make payments on your site. Beyond industry risks, this industry sees higher levels of… Read More

Paid Social Follows and Likes

Paid Social Follows and Likes

May 16, 2023

It is no surprise by now that there are many companies and services available for merchants to purchase social media likes, follows, subscriptions, and even individual interactions. Whether you are a well-established enterprise, school, influencer, non-profit, artist, or any other business, your social media presence matters. Most business owners understand how important it is to… Read More

Auction Merchant Account

Auction Merchant Account

May 16, 2023

Online auctions are responsible for making ecommerce what it is today. Ebay was one of the great pioneers in the industry of online auction merchant processing. In 2000, it had the most registered users on the internet. With a huge following, customers needed a way to find trust credibility through online credit card payments. An… Read More

Merchant Account Quote

Merchant Account Quote

May 16, 2023

Get a merchant account quote and understand the costs associated with your payment processing. Merchant account costs and fees should be transparent and custom-made for your business. A processor will gather documents to make your quote as accurate as possible.  A merchant account quote is a useful tool for comparing different payment processors. There are… Read More

WordPress Payment Gateway

WordPress Payment Gateway

May 15, 2023

WordPress is built on a robust, open source framework which makes it easy for new programmers and entrepreneurs alike. Its growing popularity is due to the extensibility of the tools it provides and the user-friendly nature of page design and setup. More than that, it’s grown from blog site creator to the main choice for… Read More

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