What Is An SMS Payment & How Does Text To Pay Work?
An SMS payment, also known as text to pay, is a type of mobile payment that allows customers to pay for goods and services using their mobile phone. Customers can … Read More
What is a Merchant Cash Advance and How Does it Work?
Merchant cash advances are a type of business loan that gives companies quick access to cash in exchange for a percentage of their future credit card sales. The advance is … Read More
What Is a 3D Payment Gateway?
A 3D payment gateway is a type of online payment processing service that allows merchants to accept credit card and electronic check payments from customers. The gateway acts as an … Read More
What is Cash Flow Banking?
Cash flow banking is a process of managing a company’s incoming and outgoing cash flow in order to keep liquidity high and prevent any financial troubles. This can be done … Read More
What is Payment Processing And How Does It Work?
Payment processing is an essential function of any business. It is the process of exchanging money for goods or services. The payment processor is responsible for authorizing the transaction, ensuring … Read More
What is A Payment Gateway And How Does It Work?
A payment gateway is a service that allows businesses to accept payments online. It’s basically a secure connection between your business and the payment processor, which is how credit card … Read More
A Complete Guide to Merchant Category Codes
MCC codes are a set of four-digit codes that identify the type of business activity engaged in by a merchant. They play an important role in the credit card processing … Read More
What is a CVV Number & Where to Find It?
CVV, also known as Card Verification Value, is a three or four digit number located on the back of your credit or debit card. This number is used as an … Read More
Top Reasons to Sell Merchant Services
What are merchant services exactly? The term can imply anything associated with payment processing options -especially with respect to debit and credit cards. Every time a customer swipes a card … Read More
How To Set Up A Merchant Account: A Step-by-Step Guide
A merchant account is a type of bank account that allows businesses to accept credit and debit card payments. To set up a merchant account, you will need to provide … Read More