PayKings Blog

Mobile Credit Card Reader

Mobile Credit Card Reader

March 16, 2023

Any merchant, low risk or high risk, should have a mobile credit card reader in order to make the sales of products and services more convenient for customers. Mobile payment readers allow businesses to sell items from anywhere. This is because, wherever your mobile phone can go, it can accept credit card payments. Free Mobile… Read More

What is an Echeck?

What is an Echeck?

March 15, 2023

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 transaction…. Read More

When Square Drops Your High Risk Merchant Account

When Square Drops Your High Risk Merchant Account

March 15, 2023

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

Am I Considered A High Risk Merchant?

Am I Considered A High Risk Merchant?

March 15, 2023

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

6 Steps To Create A Vape Store Website

6 Steps To Create A Vape Store Website

March 15, 2023

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 achieved… Read More

Fantasy Sports Payment Processing

Fantasy Sports Payment Processing

March 14, 2023

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

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

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

March 14, 2023

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

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