Your business comes to an immediate standstill without the ability to process credit cards—especially if you experience an outage during the busiest hours of your day. Potential reasons that can cause a credit card processing outage include technical hitches or internet failure, issues with your payment processor or so on, anything...
Improving Credit Scores: Tips For Small Business Owners
Improving credit scores and having a good business credit score are very important for getting loans, gaining trust from suppliers, and staying stable over time. It also helps you make money, close better deals, and build your company. But, it can be difficult for many business owners to raise their...
Understanding Interchange Fees: How to Lower Your Costs
Interchange fees are the transaction costs businesses pay when accepting credit and debit cards. Set by card networks like Visa and Mastercard, these fees cover processing, fraud prevention, and financial risks. While they can’t be avoided, they vary based on factors like card type, transaction method, and industry. Since they...
What is an ISO in Merchant Services? (Independent Sales Organization)
The worldwide transition to cashless payment trends has necessitated changes in payment preferences by businesses' models. In this light, the Independent Sales Organization (ISO) bridges this gap by connecting the company and the financial institutions. It helps merchants accept credit cards and provides the necessary tools, technology, and support to...
How to Choose the Right Merchant Services for Your Credit Repair Business: A Comprehensive Guide
Choosing the right payment processor is key for credit repair businesses in the US. With several options available, the right choice can make or break your business and keep clients happy. Here is what a credit repair business should look for in a payment processor. There are some particular things...
The Benefits of Accepting Credit Card Payments for Credit Repair Services
In today's digital age, credit card payments have become the preferred method of transaction for consumers and businesses alike. For credit repair services, accepting credit card payments is not only convenient but also essential for success in a competitive market. This article will explore the numerous benefits of accepting credit...