Non-Qualified Merchant Account Rates (MDRs) As the world of merchant processing continues to evolve, complexities are introduced everyday into the way a merchant is charged for processing a credit card transaction. As the industry is becoming more and more competitive, Acquirers and Independent Sales Organizations (ISO’s) are becoming more and more creative in the way [...]
Cash Back: What is it & should you offer it?
Now with even your favourite coffee store accepting plastic, does anyone even carry cash anymore? While paying with cash is becoming more and more obsolete but there will always be those individuals who prefer to pay with this method. And with the ever growing concern of debt and money management, more and more experts are [...]
Internet Merchant Accounts – What You Need to Know!
There are three main components to make a E-commerce Payment Processing Solution work. Shopping Cart Payment Gateway Merchant Account The Shopping Cart The Shopping Cart is the Database that enables your customers to choose what products they would like to purchase on your website. When they are ready to purchase a item they will click [...]
Canadian Internet Merchant Account Services
There are basically 2 types of internet merchant accounts. Third Party Payment Processors – like PayPal, Google Checkout, 2CheckOut, etc. True Merchant Accounts – through a Bank or a Merchant Account ISO Side Note: Google Checkout is currently not available to Canadians Third Party Payment Processors: Do not perform credit check Rates are not negotiable [...]
