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 [...]
The Critical Canadian Merchant Services Guide – Part 8
Three Insider Money Saving Tips for Merchant Accounts Tip number one: If you run a business where you need to take a deposit (like a motel) or pre-authorization (as in a car rental biz) over the phone, then do the pre-authorization, but don’t close it out as a pre-auth because you will then be charged [...]
