With only 2 shopping weeks left until Christmas, it’s usually around this time that the malls and shops around town start to get a little chaotic. Last minute shoppers are fighting tooth and nail for that perfect gift and time is of the essence. So here are a few tips merchants to ensure that their [...]
Non-Qualified Transactions: Read The Fine Print!
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 [...]
Leasing vs. Owning Your POS Terminal
POS Terminal simply stands for Point of Sale Terminal, it’s a fancy way saying credit card machine or debit card machine. The questions we will be addressing in this article is: “Is It Better To Lease or Is It Better To Buy Your POS Terminal?” When the banks deregulated the Merchant Services for business all [...]
The Difference between a Retail Merchant Account versus an E-commerce Merchant Account
There are a few major differences when dealing with a Retail Merchant Account, and an Ecommerce Merchant Account. Both are similar in that, a merchant or seller is able to accept Visa, Master Card, American Express and Interact, as a method of payment for goods and services rendered, but the way they are accepting these [...]
Dial-up Debit Machine
Dial-up Debit Machines connect via any working telephone line. Many merchants use their existing phone line or tap the terminal into their fax line to save additional costs, but if you have a busy location you may want to consider having a dedicated phone line for your Debit Machine. The reason for this: if you [...]
Credit Card Terminals in Canada
A credit card POS Terminal is often a stand-alone piece of digital machine which enables a merchant to swipe or key-enter a credit card’s information at the same time as supplemental details necessary to process a charge card sale A Visa or Mastercard POS Equipment is a dedicated piece of apparatus that only processes credit [...]
