Merchant Account Alerts

Facebook To Begin Testing Of Ecommerce Platform !!!

Rumors began last year about Facebook jumping into the online payment arena. With PayPal being the first kid on the block and then Google Checkout moving into the neighborhood a couple of years ago, one must ask is this market getting saturated ??? We’ll Facebook has a reported 150 Million users [...]

Amazon.com Blows Away Wall Street - Shares Soar !!!
Ecommerce Giant Amazon.com Inc (AMZN), blew away Wall Street this morning with an “Monster” 4th Quarter Report. Company reported higher than expected numbers before the bell this morning. Shares soaring with share prices running up +17 % at the market open.
Company reported a 4th Quarter increase in revenew of [...]

Credit Ratings & Merchant Account Approval
People sometimes do not understand why their credit rating is a factor that underwriters look at when approving a new merchant account application. Many times credit card processors will “Decline” a merchant soley based on their credit score.
Why The Credit Factor Is Important
Business owners must realize that appling for a [...]

Positive 4th Quarter 2008 Results !!!!
PayPal announced positive results for the company’s 4th Quarter in 2008.  Company posted $623 million in top-line revenue, an increase of 11% year over year. Company also reported stronger transaction volume for the quarter was $15.99 billion, an increase of 14% year over year.
This is a positive for online merchants, selling products over the [...]

Consumer Credit Line Cutting Has Begun !!!!!!
Starting last December, credit card companies have begun to cut credit card limits on consumer credit cards. The cut backs seem to be across the board for all consumers, as even cardholders with +700 credit ratings are feeling the pinch. In an effort to reduce their risk, credit card [...]