

Where Do ISOs & MSPs Belong in Credit Card Processing?
An independent sales organization (ISO) or member service provider (MSP) is a third-party organization utilized by a credit card member bank to process payments. These services allow organizations to accept credit and debit card payments in exchange for their products or services. ISOs and MSPs are effectively the same. Independent sales organization” is a term […] read more 〉〉
ACH vs. Credit Card Transactions
Consumers should have the option of paying using their preferred payment methods. ACH transactions offer enhanced payment flexibility. What is an ACH transaction? ACH transactions occur between two banks or institutions through the ACH network. The National Automated Clearing House Association governs the network. Consumers can pay using: Checks Checking account Electronic check Savings account […] read more 〉〉
ACH Payment Processing Time
ACH payments are processed differently from other forms of payment. The processing time can take several days, depending on when the request is sent and several other factors. How Long Does It Take For Funds To Be Received In My Bank Account? ACH payments aren’t instant. It can take several days for the funds to […] read more 〉〉
What is the MATCH List, and Why Am I On It?
Being on the MATCH list can have significant consequences for businesses. Unfortunately, many don’t even realize they’re on the list until it’s too late and their merchant account applications are declined. If you’re already on the MATCH list, there are steps you can take to get off of it. If you’re not on the list, […] read more 〉〉
The Top 4 Factors that Might Delay the Payment Processing Vendor Approval Process
In today’s burgeoning digital economy, businesses of all sizes need some form of payment processing. The pandemic encouraged consumers to use debit and credit cards rather than cash. And now, even small businesses are taking advantage of e-commerce to increase sales, meaning they need payment processing to handle online credit card transactions and transfer payments. […] read more 〉〉
The Future Of Payment Should Be Easier
Perhaps one of the most interesting lessons that people in sales and marketing have learned from the digital era is this; people will go with whatever solution is the easiest. We see this in the evolution of how software and music piracy have evolved over the decades. In the past, people copied and used software […] read more 〉〉
3 Things You Should Know About High-Risk Merchant Accounts
Accepting credit card payments is a necessity for most modern businesses. However, identifying the best merchant account provider is often an arduous process, especially for merchant accounts that are considered to be “high risk.” It’s unsurprising because “more risk” generally comes with higher fees, especially when it comes to chargebacks. That’s why we wanted to […] read more 〉〉
3 Types of Businesses That Benefit From Payment Processing Vendors
Payment processing allows businesses to carry out credit and debit card payments made by customers. Once a card is swiped or tapped, these financial transactions are expedited and transmitted safely and quickly from a buyer’s bank or credit card provider to a merchant’s account. This quick convenience benefits both consumers and businesses alike. However, not […] read more 〉〉
Why Should My Business Accept American Express?
Today’s consumer not only prefers to use their credit or debit card when making a purchase, they expect the merchants they shop at to accept those cards as well. However, American Express cardholders are oftentimes frustrated by the fact that some merchants still do not accept that particular card. Even though a large percentage of […] read more 〉〉
Surviving Chargebacks
Chargebacks are quite a headache for the average small business owner to deal with. Not only are they difficult in processing, but they are also something that ends up costing the company money. No one likes to see the money that they had already earned now taken back via chargebacks. As such, it is nice […] read more 〉〉
Stay Prepared For The Future Of Payment Methods
It’s hard to imagine, but paper money is a very recent trend in the long history of currency. It was all about coins, bullion, and the value of precious metals before then, and nations only dropped the gold standard in the 20th century. Even the idea of checks and bank accounts had to be invented […] read more 〉〉