Friday, January, 14th, 2022 at 4:23 pm by Content Manager
Categories: Blog
A recent study by Shift revealed that the average customer carries less than $40 in cash. For businesses that want to sell more than $40 worth of anything to a customer, it’s time to accept payment cards. And if you want to accept payment cards, then you’re going to need a merchant account. But what is a merchant account? That’s what we’ll talk about in this article. via GIPHY What [Read More...]
Friday, January, 14th, 2022 at 3:39 pm by Content Manager
Categories: Blog
Payment Processing with PayPal Vs. Stripe — a Comparison Review Do you want to accept payments online? Would you like to collect payments or donations on your website? Have you decided between Stripe and PayPal, two of the most popular online payment processing solutions? Sure, you can accept online payments with PayPal. And you can accept them with Stripe, too. These companies are both giants in the online payments industry. Accepting online payments is [Read More...]
Friday, January, 14th, 2022 at 3:26 pm by Content Manager
Categories: Blog
Maybe you’ve seen a cryptic notation on your bank’s monthly statements. “MTOT DISC? What the heck is that?” you might ask. This article will tell you all you need to know about MTOT Disc. MTOT Disc Meaning MTOT Disc refers to the Merchant Total DISCount Fee (or Merchant Account Total Discount fee). More fully, it means “Merchant Account Total Batch.” MTOT DEP means “merchant account total batch deposit,” and the related [Read More...]
Friday, January, 14th, 2022 at 3:20 pm by Content Manager
Categories: Blog
If you’ve been a merchant for a while, you’ve heard of ACH payments. You might already know that ACH payments move money between bank accounts in the U.S. As a merchant, your business can benefit greatly by setting up ACH payments. This is especially advised if you offer any kind of recurring transaction, like a monthly subscription plan. But how do you process ACH payments? To learn if you should accept ACH payments and how [Read More...]
Friday, January, 14th, 2022 at 3:08 pm by Content Manager
Categories: Blog
If you’ve been in business for a while, you’ve heard of ACH payments. Turns out they’re one of the major ways money is moved in the U.S. In fact, according to Nacha (previously known as the National Automated Clearing House Association), the ACH network moved around $26.8 billion dollars in payments in 2020. That’s a lot of money. But what is the ACH Network, and how does it work? What Does ACH Mean? ACH [Read More...]
