What is a merchant cash advance and how does it work?
A merchant cash advance is a short-term loan given to businesses in exchange for a percentage of their future sales....
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What is Cash Flow Banking?
Cash flow banking is a term that is used to describe the process of maintaining positive cash flow in a...
What is Small Business Merchant Services and How Does it Work?
Small business merchant services are a way for businesses to process payments. This can be done with a credit card,...
What is Cryptocurrency? -A Step-By-Step Beginner’s Guide
If you’ve stumbled upon the term and aren’t sure what it means, don’t sweat. You’re not the only one. While...
How to Set Up a Merchant Account?
Starting a business can be expensive. One of the largest recurring costs that any business owner will incur is accepting...
What is EBT Payment Processing?
In order to use EBT payment processing, you must have a contract with an EBT Processor who is approved by...
What is a CVV Number?
CVV stands for Card Verification Value. If the CVV number is required during an online purchase, it would show that...
What is a Mobile Point of Sale System?
A Mobile Point of Sale (mPOS) system is essentially a mini point-of-sale system that you can carry around with you....
How Does Mobile Payment Processing Work?
Mobile payment processing is the process of collecting information, authorization and money wirelessly using your smartphone. The most common examples...
What is Network Access and Brand Usage Fee?
The Network Access and Brand Usage Fee (NABU) is a system that has been introduced by the network providers in...
What Is QuickBooks Workforce?
QuickBooks Workforce is a cloud-based time and attendance system created by Intuit to work seamlessly with QuickBooks Online. It’s been...
The Comprehensive Guide to Debit Card Processing Fees
Debit card processing fees are a critical component of any credit card processing company’s pricing structure. Debit cards make up...
What Is A Credit Card Surcharge?
A Credit Card Surcharge is a fee that you will be required to pay businesses over and above the stated...
How to Get the Cheapest Credit Card Processing Rates for Your Business?
If you are a business owner, then the means by which your clients pay for their purchases is important to...
What Is a E-Wallets and How Does It Work?
An e-wallet is a digital wallet used to store electronic money. It doesn’t only provide the same function like conventional...
Helpful Tips for Selling Merchant Services
Your ability to sell is important. That’s especially true if you’re selling merchant services, which require the buyer to trust...
What is Tap and Pay (NFC)?
Tap and Pay (NFC) is an Android feature that allows users to wirelessly send payment information directly from their smartphone...
What is Cash Discount payment processing?
Cash discount payment processing is a popular credit card payment option that gives the merchant selling to consumers an immediate...
What is a Surcharge Program? Surcharge Explanation and Benefits
A surcharge program is a discount that allows a customer to purchase goods or services by charging the purchase to...
Credit Card Processing Fees and Rates Explained
Credit card processing fees and credit card processing rates can be difficult to understand. However, if you accept plastic for...
What Is a MTOT Disc?
A MTOT disc is a medical device used to treat spinal cord compression. It is made up of two metal...
What is a POS System?
From the time of the barter system, people have been exchanging goods and services for currency. However, as commerce evolved,...
What is Apple Pay and How Does it Work?
Apple Pay is a new mobile payment system that allows users with the iPhone 6, Apple Watch or later running...
Everything About the Old Navy Credit Card
The Old Navy Credit Card is a store credit card that can be used at any of the Gap Inc....
How to Avoid eGift Card Fraud?
There are a few ways to avoid becoming a victim of eGift card fraud. First, only buy eGift cards from...
How Credit Card Processing Works?
The use of credit cards has become a ubiquitous part of modern life. You can use your card to purchase...
What is PCI Compliance?
PCI compliance is a set of requirements set forth by the Payment Card Industry Security Standards Council to ensure that...
Card Present vs Card Not Present Transactions
The security of a credit or debit card transaction depends on the type of payment. Card present transactions are more...
How to find stores that accept Apple Pay, Google Pay?
There are a few ways to find stores that accept Apple Pay and Google Pay. One way is to open...
What is Credit Card Tokenization?
Tokenization is a method of protecting payment card data by replacing the cardholder’s account number with a surrogate value, called...
What is Facebook Pay, where is it available, and how does it work?
Facebook announced its payment system, called Facebook Pay , on Wednesday, which will allow users to purchase items within the...
What Is a Merchant Account?
A merchant account is an agreement between a business and a financial institution to extend credit. The business receives the...
Everything about Litecoin
Litecoin is a cryptocurrency. That means, it’s an anonymous transfer of value, secured by cryptography. It was introduced as open...
What Is a Third-Party Payment Processor?
Payment processors are the companies who allow online merchants to accept credit card transactions. They accept your monthly fees, charge...
5 Things to Consider Before Starting a Boot Camp Business
A boot camp is a type of special group training program meant for both men and women to improve their...
LENDER ARE DEALING WITH EMERGING PPP LOAN FRAUD
Sometimes last month, a bank in Rhode Island bank was given an application for the sum of $144,050 loan under...
