Written by Craig Peterson, Vice President of Business Development for TenderCard
The gift card industry continues to grow at very fast pace, more than doubling in less than 3 years. Gift cards have replaced the old paper gift certificate. Gift card companies are now creating programs that cater to the small to medium size [...]
Referral or affiliate programs are a dime a dozen. In the industry I’m in almost every merchant account provider has one of these programs. I know this is true because in preparation for creating another website I’ve become referral partners with many of them. That is exactly why I am introducing our Referral Partner program [...]
Back in August of this year I wrote a post about freeauthnet.com offer of Authorize.net for “free;” you can see that post here. I tried to show that a free authorize.net account ended up costing an extra $232.40 more than if you just paid the $15 set up fee for authorize.net through my company, [...]
Yesterday I saw the traffic of this blog triple and I had no idea why. I did a little research and I found out the Los Angles Times mentioned the term “straigh pass through” in a business focused column written by Karen E. Klein yesterday. You an go here to see the column [...]
As you may know, I review business merchant account statements on regular basis. One thing I keep seeing more and more on statements are terms like “Annual Compliance Service Fee” or “PCI Compliance Program.” The shocking thing about these fees is how much they are; I have a statement on my desk that [...]
Have an iPhone and desire to run transactions from just about anywhere you go? Then this iPhone application is for you. I have included the link below, just make sure you do not get your merchant account from these guys because if you read the fine print you’ll see their rates are very high – [...]
We have written several posts about PCI Compliance on this blog, but it is definitely not our strong suit – yet. Therefore, when I run across any good content on the subject I like to point it out to you our readers. So here is an article I just came across on an American Express [...]
Do you or one of your clients operate a supermarket? Is so, there are a few things you should know that could result in some significant savings on merchant account fees. Here is the list:
1. Visa has lower Interchange rates for consumer cards used at a supermarket:
TRANACTION TYPE
RETAIL
SUPERMARKET
Swiped Consumer Card
1.54% + $.10
1.24% + [...]
If you haven’t watched part one of of this two part series go here to watch the first video.
The theme of part two of this series is that there is much more than just price to pay attention to when shopping for a merchant account. Watch the video and take a look at my [...]
We do write about PCI issues on this blog but by no means are we experts in this area, yet. I just ran across a blog that does specialize in this area and the authors look to be highly qualified to write about these issues. There focus is PCI DSS for higher education [...]
That’s right I, Robb Lejuwaan, have chosen to give away authorize.net for nothing! My company has been charging a small fee of $25 up to this point but I just realized with a free authorize.net account I make more money!! That’s right more money for me if I give you authorize.net for free. [...]
I just ran across an article written by an executive at Global Payments about Interchange Plus. It was written for people who are inside the merchant account industry. In the article he concludes that Interchange Plus pricing is not the best thing for merchant account providers, for several reasons including a reduction in [...]
Watch this video to here a different poi of view on merchant account early termination penalties. Let us know what you think by sharing your thoughts in the comment section below.
Watch this video to learn about changes to Interchange coming in October and why, if you have a merchant account with tiers (qualified, mid-qualified and non-qualified), it is time to switch your account to an Interchange Plus price model.
Check back here in the next few days for more specifics on the coming changes to Interchange.
I just got off a conference call with authorize.net and a new client of mine. Our mission was to switch their merchant account provider within their authorize.net account. I happy to say the whole process took about five minutes and was almost painless (the hold music was brutal!).
I have previously written on this [...]
