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Showing posts from May, 2018

B2B payments start-up PayMate acquires Zaitech

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PayMate, a start-up in the business-to-business (B2B)  payments   space, has acquired Zaitech Technology, a digital lending platform, signaling its continued interest in the fintech sector. Rajat Yadav, Founder, Z2P Technologies, said: “Technology and data-driven actionable insights for lending, along with machine learning, is what Z2P has built over the past few years.” The data is gathered using proprietary analytics and AI technologies. PayMate, which is backed by Lightbox Ventures, Mayfield Fund, among others, is riding the alternative lending wave sweeping the industry as a host of new start-ups are tying up with traditional financial institutions such as banks. PayMate claims it has 20,000 registered businesses on its platform and this acquisition will help it reinvent its payment operations, cash-flow and access to growth capital. As part of the acquisition, it gets a  payment gateway , which can ensure visibility of cash-flow through the supply chain

American Express Company vs. Visa: Which Is the Better Buy?

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Both American Express Company ( NYSE: AXP ) and Visa Inc ( NYSE: V )  are well-recognized, ubiquitous brands, and most people would probably think that because their logos are emblazoned on the plastic rectangles residing in our wallets, the two companies run similar businesses. While there are obviously some similarities, investors might be surprised to learn that the two companies feature some striking differences in their business models as well. Let's take a closer look at these two companies' business models, what they are doing to grow their business, and their valuations to determine which one might make a better investment today. The case for American Express American Express operates a closed-loop credit card system, essentially meaning that no third party is necessary for the relationship between the cardholder and the company. In other words, American Express issues the credit card, adorns the card with its branded logo, and lends money directly to th

How To Accept Virtual Credit Cards For Your Small Business

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When it comes to the  credit card processing  your business does have you ever considered using virtual credit cards? This is simply a digital number that represents a plastic credit card. With the right card, your customers can often decide in advance the maximum amount that can be charged to the card. They also have the ability to set an expiration date for the card so that it cannot be used for longer than one year. Many consumers are embracing virtual credit cards because it protects their real credit card number from most businesses. Since consumers are getting in on the virtual credit card you might be wondering if your business can do the same. Protecting corporate credit card accounts is something that is now being accomplished with virtual cards. Many of the top credit card companies in the world are now using this technology to their advantage. There is more than one use for corporate virtual credit cards. Businesses are now using them for employee expenses su

Understanding Credit Card Processing Works For the Benefits of Ecommerce Businesses?

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To face the fierce competition in the E-commerce market, every merchant needs an online payment gateway and online credit card processing that can help the merchant serve the increasing number of customers on a daily basis who like to shop online and use credit cards as a preferred mode of payment. To successfully run an e-commerce business, the merchant needs an online credit card processing that is effective and efficient in fulfilling its purpose. Benefits of Online Credit Card Processing IMPROVES ABILITY To make the website visually effective, a merchant invests a lot of time and money. But most of the merchants do not consider it important to invest much time when it comes to payment processing. However, to improve online transactions for your E-commerce business, it is important to choose the right payment gateway. A system that enables the communication between the merchant processor. Also, a PCI compliant website to share customer’s payment details, bank a

The Large Global Payments Processor Unveils Airdropping Campaign Among Users

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CoinPayments, a global cryptocurrency payment processor, has announced an airdrop launch of its own utility token – the CPS Coin. The company also plans to lower its transaction and conversion fees for token holders and enhance its user interface in 2018. Founded in 2013, CoinPayments is a global cryptocurrency  payment processor  with a reach of over 1,000,000 vendors across 182 countries, says the company’s blog. CoinPayments offers a cloud payment solution allowing merchants to accept Bitcoin and hundreds of other coins through their plugins, APIs and point of sale (POS) interfaces.   “CoinPayments has created a special place in the world of cryptocurrency users with intuitive digital wallets, which include shopping cart plugins that can be easily integrated by online merchants making it appealing to their customers,” said Alex Alexandrov, founder and CEO of CoinPayments in an interview with Insight Success. The company is set to launch two mega projects in 2018.

Single Place For All Your High Risk Payment Processing Needs

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Our Online Payment Gateway Solution has been designed with a high standard of innovative services allows us to find a fast, attractive and competitive solution for your online business, We serve merchants worldwide in nearly every genuine industry, Our Application process is quick, easy and simple. Sign up today and start accepting online payments from your customers. Give your customers the options they need! ACH Payment Processing Having credit card solution does not give the flexibility to the merchant to collect the payment from all customers. For many merchants, this can be a missed revenue opportunity. HighRisk Gateways flexible ACH Payment Processing and eCheck payment options offer. High-Risk Merchant Account HighRisk Gateways always care for our merchant’s business as our business. We think and act like your business partner by serving high-risk  credit card processing  and eCheck/ACH processing. Opening a merchant account with Highrisk gateways is not.

About High Risk Merchant Account And How You Can Manage Them

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A high-risk  merchant account  isn’t easy. For starters, this label comes with a negative connotation about your business, and assumes you aren’t running a reputable company with good products or services. In layman’s terms, a high risk business is one that banks and credit card processing companies consider risky. Sometimes this is because of ties to your previous businesses, and other times, it can have more to do with the industry you’re in. What’s important to understand is that this isn’t the end of the road for you. There are many ways you can continue running your business through partnerships with high risk credit card processing companies. Typically, these companies work exclusively with high-risk merchants who aren’t able to get a traditional processing agreement. Because of this, they can often be the light at the end of the tunnel for entrepreneurs who feel they’ve exhausted their options. Understanding The High Risk Merchant Label To take the best steps

Merchant Stronghold for High Risk Offshore Merchant Account In USA

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About Merchant Stronghold Merchant Stronghold  is well known for its services and fast processing system for High risk offshore merchant account. We have been voted #1 High Risk merchant service provider in the year 2015 and 2016. If you are looking for an offshore account for your high risk business, you have reached the right place. We provide hassle-free all-in-one merchant account that includes everything that a high-risk offshore merchant requires to process successfully, which includes: Debit card processing Credit card processing ACH Payment gateways Chargeback management services Merchant Stronghold also provides facilities that make accepting payment way easier, these facilities are: POS machine service Virtual terminal Online setup Why choose Merchant Stronghold Merchant Stronghold is in the market since long and has maintained good repo by providing best services to our clients. Our commitment to excellence drives our interactions wit

How Do Payment Gateways Work?

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Payment Gateway:  A payment gateway is an e-commerce application that authorizes payments for e-businesses, online retailers, bricks, and clicks, or traditional brick and mortar businesses. It is the virtual equivalent of a physical point of sale terminal located in most retail outlets. Payment gateways encrypt sensitive information, such as credit card numbers, to ensure that information passes securely between the customer and the merchant. How Does Payment Gateway Work? A payment gateway facilitates the transfer of information between a payment portal (such as a website, mobile phone) and the Front-End Processor or acquiring a bank. Here is a step by step guide detailing how  Payment Gateways  work: Step 1: A customer places an order on the website by pressing the ‘Submit order’ or equivalent button, or perhaps enters their card detail using an automatic phone answering service. Step 2: If the order is via a website, the customer’s web browser encrypts the info

Which is the best and cheapest way to buy offshore merchant services?

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Merchant services are an essential purchase for near enough all businesses and business owners will typically turn to their own bank for these services. Unfortunately for business owners, this is not usually the cheapest way to source payment processing. At first, the difference between deals might seem negligible with just one or two percent difference but those small differences will quickly add up as your business grows. Getting a bad deal on your payment processing can cost you tens of thousands of pounds every year. In this article, I’m going to look at the most popular  merchant service  sales channels and touch on how competitive the pricing is. Banks Near enough, all banks will sell merchant services to its business customers. If you have a business bank account then most certainly you would have been asked the question about card acceptance by a banking manager or representative. The fact is that most banks don’t actually own their own  merchant ser

Asking Good Questions When Selling Credit Card Processing

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If you are running a business of sales and purchases, you need to choose a new credit card processor. But it is not as easy as it seems, it is a big decision to make. Before making the decision, you must know it includes the fee charged and contracts. Also the customer service department and cost-effective tools available. Do the comparison, study the market and then make the final decision. Let us now discuss it further. 3 questions you should ask your new credit card processor before finalizing it: Structure of Fee Charged When you opt for such tools, you are charged with a certain amount of fee. But it is important to know what exactly those fees are, more commonly called breakage of the fee. The fact is that most of the high-risk merchants have no idea about the process and end up paying a high amount of fee without actually knowing the hidden high markups in their pricing structure. To process the transaction, an interchange part of pricing structure is paid to the ca

How Does the Credit Card Processing Work: A Simple Guide

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Credit card transaction is not a new concept. Everyone claims to know the process: swipe the card, hit the button and the transaction is complete in a blink. But do you really know the process? Do you think that it is as simple as it seems? It actually is a much more complex procedure than what you witness. The fact is swiping the card and signing the recipe is the first and the last step of the procedure. In between lays multiple steps that include more than one person working invisibly for the customer to complete that particular transaction. Most of the customers do not care about the complete process. It may seem unnecessary, it provides important information about the inner workings of the modern commerce. Not only for customers but knowledge about credit card transaction process is tremendously important for small business owners as well, as it is a merchant who has to confront the cost of the  payment processor . Let us discuss the working of credit card processing i

Opening a Bail Bonds High Risk Merchant Account Business

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Merchant accounts  for Bail bonds seem like a Mystery. Many discuss processing plastic card payments, however, it is a riddle to numerous in the business how they do as such securely, and without dread of conclusion. The result is easy: Merchant Stronghold. The bail bonds business is very rigid and tough, not only due to its customers but also due to its status in the processing business. While many bashful lefts from this industry, Merchant Stronghold welcomes it with open arms. Merchant Account for Bail Bonds Receiving a Merchant Account and processing of credit card payments for your bail bonds business, it can be very difficult.  Numerous Credit Card Processors don’t want to work with Merchant services of bail bonds businesses because of the high-risk environment of the service being provided. All merchants require the capacity to process plastic card such as credit card payments and debit card payments. While many bail bonds organizations are “Cash only bonds”,

Merchant Account for Document Preparation Services Business In USA

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We specialize in Document Preparation Merchant Accounts and merchant accounts for document preparation companies. We approve practically every business type, even if you have been turned down for payment processing.With decades of experience, our team is here to help. Even if you have been shut down by your current processor, we have a solution for your particular situation. We’re available to answer any questions and provide ongoing continued support for our valued customers. What Is A Document Preparation  Merchant Account : A document preparation merchant account facilitates the abilities to process customer payments and fosters cash flow into the business. Customer payments are the life-blood of any business and may include both debt and credit cards, as well as high-risk each processing to electronically charge a client’s checking or savings account. Automatic recurring billing on a pre-set cycle is another function that may add value. Our experienced staff can det

Tips for High Risk Merchant Account Services for Online Dating Sites

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The Internet is a center point for shopping and various services for this generation. So much so that people find it really simple to initiate their dating from online encounters. The nature of this industry has been through a lot of scrutinies. And, a problem for adaptation but as the youth has been supportive of this idea. Including OkCupid, Match, Meetup, and Plenty of Fish, there are many dating websites and application around. There is by all accounts one for each specialty, making this a profitable and helpful business enterprise. For those searching for a new business assignment, this is enormous. Be that as it may, one of the most concerning issues comes when you are searching for a  Merchant account . Why Merchant Account? If you own a business, merchant accounts are important to accept credit card payments.This is crucial to having online dating sites. The absence of choices accessible for online dating sites is vast – because of the preparing business arran

About Merchant Account And High Risk Credit Card Processing

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The  merchant accounts  get approval or disapprove from the risk departments. Any business with bad personal or business credit scores, a high chargeback history, a startup, or high frequency or high average tickets can be at high risk. On an individual basis, the majority of high-risk businesses are among such by the industry they operate in. At First American Merchant we specialize in high risk credit card processing and high risk merchant accounts. We work with virtually every business type and any credit situation. We specialize in helping high risk business owners get the credit card processing services they need. We have helped thousands of online and retail business owners get merchant accounts. Best High Risk Merchant Accounts & Credit Card Processing Options If your business is part of a so-called high-risk industry, it may be difficult to find quality credit card processing. After sifting through dozens of contracts for high risk merchant account providers

Why Are Offshore High Risk Merchant Accounts So Popular

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Internet was a revolutionary idea and till date, it is evolving. Not only for sending emails or social networking, it has also gained popularity in the field of E-commerce. When we talk about E-commerce, a couple of things strike our minds like credit card processing, data security, merchant account, etc. A  merchant account  is a necessity to accept card payments online along with reliable payment processors. While setting up online businesses, a merchant also needs to take care of these things but if a merchant is planning to grow his business and want to reach customers around the world, he needs to open an offshore account. What Is An Offshore Account? The term ‘offshore’ is basically used to describe banks from countries other than home country or foreign lands. An offshore account is like any other merchant account opened in any country other than merchant’s home country. The main benefits of an offshore account are the security and the option of accepting major c