Skip to main content

Posts

Showing posts with the label merchant service provider

Payment Processing For CBD?

If you’re looking to get into the CBD market, you’re probably aware of the importance of having an efficient and reliable payment processing system . With so many payment options available, it can be difficult to know where to start. Fortunately, there are several options available to businesses looking to accept payments for their CBD products. One of the most popular payment processing solutions for CBD businesses is called Merchant Services. Merchant Services is a comprehensive payment processing system that allows you to accept payments from a wide variety of sources. This includes credit and debit cards, as well as eChecks and ACH payments . Merchant Services also offers fraud protection and other features to help keep your business safe and secure. Another popular payment processing option for CBD businesses is a specialized payment processor called HempPay. HempPay offers payment processing for CBD businesses in all 50 states. This includes the ability to accept payments from ...

Who Accepts eCheck Payments?

In today’s world, more and more businesses are accepting electronic payments such as eChecks . This payment option is becoming increasingly popular as it allows customers to make secure payments online with the click of a button. Echeck payments are a convenient and secure way to pay for goods and services. They are often used as an alternative to paper checks because they are faster, cheaper, and more secure than traditional check payments. The great thing about eChecks is that they can be used to purchase almost any good or service online. From rental cars to online shopping, you can use eChecks to make payments quickly and securely. So, which businesses accept eChecks ? The list of businesses that accept eChecks is constantly growing, but here are some of the most popular: Amazon: Amazon accepts eChecks for both physical and digital purchases. eBay: eBay allows sellers to accept eChecks for payment. Apple: Apple accepts eChecks for iTunes, App Store, and Apple Music purchases. Googl...

Are eCheck Payments Safe?

E-check payments are a safe and secure way to pay for goods and services online. Echecks are electronic checks that are processed through the Automated Clearing House (ACH) network, a secure payment processing system. Echeck payments are also faster and more convenient than traditional paper checks. Unlike paper checks, they don’t need to be printed, signed, and mailed. Instead, they are sent electronically, which speeds up the payment process. The ACH network is highly secure and reliable. Transactions are encrypted and monitored for fraud. Additionally, the bank account information used for e-check payments is never shared with the merchant. This makes e-check payments a safe and secure way to pay for online purchases. E-checks are also cost-effective for both the customer and the merchant. Merchants don’t have to pay for the cost of processing paper checks, and customers don’t have to pay for postage or wait for the check to arrive in the mail. Overall, e-check payments are a safe...

A Glimpse Of Merchant Services Importance

Merchant services, solutions that make cash flow management easy and impress customers at the go have gained popularity like anything. Serving businesses of every size and type, these solutions enable merchants to stay away from fraud checks and shift towards modern ways of accepting payments in a simple & quick way. Initially, these services were used by low risk or mid risk businesses but understanding the concerns of high-risk businesses, best merchant services providers came forward with high risk accounts at lower rates and with minimum documentation. It is for this reason; high risk merchants are leaning on these services to conduct their business without possibilities for any foul play. Merchant services make it easy to accept credit cards, debit cards and other sort of online transactions. Also, they assist the businesses in maintaining their security standards. Not just this but the solutions help to expand the revenues too by allowing the custom...

What Is a Merchant Service Provider—And Why Do They Matter?

If you’re serious about opening—or have already opened—a retail store, you’ve come across at least one merchant service provider (MSP). These are the gatekeepers between customers’ credit and debit cards and your cash register. As such, the relationship between you and your MSP is a critical one because: They allow you to accept credit and debit cards They help you meet and maintain security standards That’s why we’re explaining exactly who these gatekeepers are, and how you and your business fit into this relationship.   What Is a Merchant Service Provider? The central authority on all things payment-related across the globe is the Payment Card Industry (PCI). They set the standards and best practices that merchants, service providers, banks and card issuers must abide by. According to the PCI, merchants are defined as: “…any entity that accepts payment cards bearing the logos of any of the five members of PCI SSC (American Express, Discover, JCB, Ma...

Merchant Services: How Much You Know About Chargebacks?

If you have drifted towards merchant services to manage your cash flow, attract more customers, boost the sales, stay in business 24/7, avoid bad checks and accept payments through credit card processing, you must be familiar with the deadly term, ‘chargeback.’ Though it shows its wrath mostly to the high risk businesses, low and medium risk businesses are also under the spotlight if not careful towards the actions. Even if you have a reliable merchant service provider as your backbone, you must keep yourself updated with chargebacks. What is a Chargeback ? Chargebacks were created with an aim to protect the customers from frauds & scams. They take place when a disappointed user disputes a particular charge to his/her account. If chargeback is issued for a card that’s either lost or stolen, it is the bank that issues the reversal of funds. Having said that, it is the business that is held responsible for the entire cost of the chargeback. In case the business is not EM...