Documents Required An A Merchant Account Application

Establishing a merchant account is a process that involves the thorough examination of both the applicant business and its owner(s). There are several criteria that are evaluated and, to understand why the process is so strict, you need to first understand exactly what is it that you are applying for. Read more

Wireless Credit Card Processing

As their name suggests, wireless credit card processing solutions allow merchants to accept payment cards on mobile devices, thus enabling card processing at locations outside of stores and offices. Depending on the type of wireless processing service Read more

Avoiding Chargebacks

Chargebacks can be caused a host of issues but by far the most widespread cause of one is the use of improper card payment processing procedures. This can be remedied with adequate training and the application of a set of payment acceptance rules. Read more

Payment Processing Floor Limit

In the payment card processing industry the term floor limit is used to define the payment amount above which all card transactions must be authorized before being processed. The floor limit can vary from business to business and is specified in the merchant processing agreement. Read more