Bank of America Merchant Services Review: Everything You Need to Know About BOFA Credit Card Processing

Posted on September 12th, 2019 in Credit Card Processing, Merchant News and Info

Bank of America Merchant Services Review: Everything You Need to Know About BOFA Credit Card Processing By Jasmine Glasheen Bank of America is one of the most well-known names in credit card processing and it’s easy to think that aligning yourself with one of the biggest names in the game means you’re going to benefit […]

ISOs/MSPs: Who are They and What’s Their Role in Credit Card Processing?

Posted on August 26th, 2019 in Merchant News and Info, Merchant Tips and Insights

ISOs/MSPs: Who are They and What’s Their Role in Credit Card Processing? By Jasmine Glasheen The terms ISO/MSP are volleyed around a lot in the payments industry… Which is ironic, considering they’re expressions few merchants understand. It is a challenge to cut through all of the credit card company jargon to come to an understanding […]

The Credit Card Processing Effective Rate: How to Compare Merchant Service Providers

Posted on August 21st, 2019 in Credit Card Processing, Merchant News and Info

The Credit Card Processing Effective Rate: How to Compare Merchant Service Providers By Alexandra Sheehan It’s pretty much a given that entrepreneurs who want to get serious about their business in 2019 need to accept credit card payments. They account for well over half of consumer transactions by a dollar spent — compared to just […]

Refunding Money: How to Create a Refund Policy While Increasing Revenue

Posted on August 13th, 2019 in Merchant News and Info

Refunding Money: How to Create a Refund Policy While Increasing Revenue By Alexandra Sheehan $351 billion. That’s how much product consumers returned in 2017.  Sounds like a huge number, right?  It’s only 10% of total retail sales that year.  While technically speaking, refunds involve taking money out of your pocket and putting it back into […]

How to Prevent Friendly Fraud in Your Small Business

Posted on July 22nd, 2019 in Credit Card Processing, Merchant News and Info, Merchant Tips and Insights

How to Prevent Friendly Fraud in Your Small Business By Alexandra Sheehan Don’t be fooled: Though friendly fraud might sound nice, it’s anything but. Friendly fraud is still fraud, and it’s detrimental to businesses across the globe.  Fraud is THE top payment-related challenge retailers face. And it’s even worse for SMBs: Businesses with fewer than 100 […]

Payment Depot Reviews: What Merchants and Experts are Saying

Posted on June 20th, 2019 in Merchant News and Info

Payment Depot Reviews: What Merchants and Experts are Saying   If you’ve landed on this post chances are that you’re considering Payment Depot for your credit card processing needs and are looking for social proof and commentary on our services. We hear you. Which is why in this post, we’ve compiled a handful of notable […]

Everything You Need to Know About Merchant Services Providers

Posted on May 27th, 2019 in Credit Card Processing, Merchant News and Info, Merchant Tips and Insights

Everything You Need to Know About Merchant Services Providers By: Alexandra Sheehan Today’s consumers have more choices than ever before. Which brands they do business with, where they interact with companies, even how they pay for products and services. Gone are the days of a cash-based society. We’re increasingly using cards and innovative payment methods, and […]

7 Payments Experts and Influencers to Follow in 2019 (and Beyond)

Posted on May 14th, 2019 in Merchant News and Info

7 Payments Experts and Influencers to Follow in 2019 (and Beyond) An important component of keeping your competitive edge as an entrepreneur is staying abreast with news and developments in the world of business, tech, and payments. Being aware of significant trends can help you anticipate changes in your market so you can plan accordingly. […]

Quickbooks Credit Card Processing: Reviewing Intuit’s Merchant Services

Posted on May 7th, 2019 in Credit Card Processing, Merchant News and Info

Quickbooks Credit Card Processing: Reviewing Intuit’s Merchant Services Today, we are reviewing Intuit’s Quickbooks’ credit card processing services. Please do not confuse this review with Intuit’s very popular QuickBooks accounting software. And, maybe this confusion and lack of differentiation is the perfect place to start this post. Almost everyone has some understanding of what Intuit’s […]

PayPal Updated Its Refund Policy. Here’s What Sellers Need to Know (and Do) About It

Posted on April 17th, 2019 in Merchant News and Info, Merchant Tips and Insights

PayPal Updated Its Refund Policy. Here’s What Sellers Need to Know (and Do) About It Have you heard about PayPal’s policy updates? Beginning May 7, 2019, PayPal will no longer be returning seller fees whenever a buyer asks for a full or partial refund. According to the company’s announcement: We’re changing how we treat refunds. […]

Where Costco’s Membership Model Falls Short for Merchants

Posted on January 29th, 2019 in Credit Card Processing, Merchant News and Info, Merchant Tips and Insights

Where Costco’s Membership Model Falls Short for Merchants By Jasmine Glasheen Costco has an impeccable reputation. The company’s image for great customer service at low prices is so good, in fact, that many business-owners are stoked to realize that Costco has a Merchant Services Program dedicated to credit card processing–– after all, who doesn’t want […]

The 3 Essential Things You Need to Know When Processing Credit Cards

Posted on January 8th, 2019 in Credit Card Processing, Merchant News and Info

The 3 Essential Things You Need to Know When Processing Credit Cards By Nicole Leinbach Reyhle The customer path to purchase is more complicated than ever and likewise, the journey to accepting, processing and ultimately protecting credit card payments is not straight forward, either. There are many variables that impact credit card payments and more […]

Tennessee Supports Credit Card Processor Transparency

Posted on June 26th, 2017 in Merchant News and Info

Tennessee Supports Transparency and so does Payment Depot Tennessee House Bill 547 requires credit card processors to include the aggregate fee percentage on monthly Statements.  At Payment Depot, We love this idea!  Our sales team always advises potential members to find their effective rate when shopping around.  To calculate this rate, pull out your old […]

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