Merchant Account Alerts

INTRODUCING INTERCHANGE PLUS PRICING

We are rolling-out “Interchange Plus Pricing” to any merchant, interested in saving money on their credit card processing fee’s. Once reserved for only the Walmart Size businesses, this program will save you money on your merchant account fees. Interchange Plus Pricing takes the “True Cost” charged by Visa or Mastercard and adds [...]

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 [...]

American Express Confirms Trend In Spending
American Express reported their Q4 Earnings last Monday, confirming downward trend in consumer spending and decrease in credit card spending, repoted last week in the blog. Amex reported that their overall cardholder spending declined 10%, year over year. The 4th Quater was the worst with a 15% decline in average cardholder [...]

Heartland Payment Systems Inc Data Breach
More information has surfaced on the cardholder data breach that occurred at the Princeton NJ’s credit card processor, “Heartland Payments Systems, Inc”. President and Chief Financial Officer, Robert Baldwin, stated “As deeply regretful as we are, it is important to note that in most of the cases the information would [...]