What is Payment Processing and How Does it Work? The term “payment processing” is something that sounds relatively straightforward. Yet there are so many nuances and components that happen behind the scenes for payment processing to work. Payment processing makes...
The Ultimate Guide to Credit Card Merchant Fees (2025) Merchants are charged a fee every time a customer pays for something using a credit or debit card. These fees add up quickly—costing US merchants more than $137.83 billion in processing fees per year. But...
High Risk Credit Card Processing and High Risk Merchant Account Rates High risk credit card processing can be uncharted waters when it comes to obtaining a merchant account. For many businesses, it's already confusing enough to understand how credit card processing...
What is a Rolling Reserve? A rolling reserve withholds a percentage of a merchant’s gross credit card sales in a non-interest-bearing account. The funds are held for a predetermined amount of time before the processor releases money to the merchant’s bank account....
Cardholder Data in Payment Processing Aside from getting paid, security is arguably the most important part of credit card processing. Each time your business handles a consumer credit card, the customer trusts you to protect their sensitive financial...
What is FedNow? Federal Reserve Payment System Explained Platforms like Venmo and PayPal have transformed the world of instant payments from one person to another. While these services are designed for peer-to-peer (P2P) payments, the Federal Reserve wanted to...
Payment Processing Industry News - November 2023 Part of helping businesses save money on credit card processing means keeping our ear to the ground on all news in the payments world. Every month, we recap some of the biggest headlines, noteworthy announcements,...
What is a Chargeback? Ultimate Guide to Chargebacks in 2025 As a business owner, there’s a good chance that you’ve had to deal with chargebacks at some point since you started accepting credit cards.This is a problem that you can’t afford to ignore. In fact,...
What is an Internet Merchant Account? Whether you’re starting a new ecommerce business from scratch or you’re expanding an existing retail operation to the web, you must be able to process credit card payments online. Internet merchant accounts make this...
Credit Card Decline Codes (2025) Declined credit cards are simply part of doing business. They’re even more prevalent for businesses that process a high volume of transactions—particularly in B2C environments. But not every credit card decline is the same. When a...
