Merchant Services
Refunds vs. Chargebacks | Protect Your Merchant Account
Although many business owners use the terms, “return” and “chargeback” interchangeably, they do not have the same meaning. A merchant return is simply a means to repay a customer who decides not to keep a product or retain a service. Often, when a return is initiated, a merchant may credit the customer’s account on the…
Internet Merchant Accounts | Educated Consumer Guide
Everybody’s faced with choices in life such as the daily decisions of what to have for dinner, what to wear or what CD to listen to on the way to work, etc. And then there are the more important options we have to deal with, which include marriage, banking, insurance, and housing etc. If you’re…
PCI Compliance Fees Explained | Security Has a Price
If you are a merchant who accepts credit card payments for goods or services, you may have noticed a PCI compliance fee on your merchant account statement recently. When you first noticed this additional charge, you probably asked yourself, “What is this fee and what service does it cover?” If you are a merchant who…
Accepting American Express | Merchant Strategy & Fees
Here is a typical question that a new business owner asks: Should I accept American Express? Let’s briefly explore the issue. It’s a dog eat dog business world out there today, especially with the present state of the economy. The last thing you want to do is lose sales because you don’t wish to pay a few…
Discount Merchant Accounts | Understanding Hidden Fees
If your business is accepting credit cards for its transactions, you need to try and find the discount merchant account that will offer you the best services for the most competitive price. You need to take into account all of the various fees, not just the qualified discount percentage. While the discount rate is important,…
Choosing an Authorize.net Reseller | Save on Fees
If you make your living by selling services and/or merchandise over the Internet, you really need a dependable payment gateway, such as Authorize.net, to help your business complete transactions as smoothly as possible. Consequently, you may be galvanized to find an Authorize.net reseller – one that can provide the gateway to you in the most…
Authorize.net Customer Information Manager | CIM Guide
I received an inquiry last week pertaining to the Authorize.net Customer Information Manager so I thought it would be beneficial to all Auth.net merchants by presenting info about this option. Quite a few merchants do business with repeat customers and to make things a lot easier they want to store credit card information so they can…
Authorize.net Merchant Accounts | One-Stop Shop | Nexus Box
A prospective client recently contacted us and mentioned that he was not looking for an Authorize.net merchant account as he already had the credit card processing piece. He requested our rates for the “Authorize.net gateway only.” I explained that we bundle this payment gateway with our merchant account program. Although we could not accommodate his request to provide Auth.net by…
Merchant Account Basics | Payment Processing 101
After conducting exhaustive research, you’re ready to sign on the dotted line with your selected merchant account provider. You may feel a twinge of nervousness as you’ve read about some problems that others have encountered with processors, but accepting credit cards is a necessity and despite any potential risks, you forge ahead. However, by reviewing…
Accurate E-commerce Accounting | IRS Guidelines | Nexus Box
I thought that I would provide another wake up call to online merchants who accept credit cards, debit cards, or any type of electronic payment. As a reminder, beginning in 2011, merchant account providers are obligated to report their clients’ gross income derived from their online activity. Some business folks are not concerned, confident that…
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