Merchant Updates Blog

Bait & Switch PSA

Posted by Nina Pioletti on Mar 15, 2017 8:06:00 AM
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Topics: flat rate credit card processing, merchant service scams, merchant fees, merchant services

3 Trends That Will Define Payments in 2017

Posted by Danielle Lafontaine on Feb 22, 2017 9:24:58 AM

The payments industry is constantly in motion. There are always new innovations on the horizon, even as merchants are still adapting to the last big change. We are focused on our software partner integrations, and the launch of Singular BillPAY, our customizable electronic bill presentment and payment platform (EBPP). These two main areas of our expertise, in addition to continuing to support and nurture our valued flat rate merchants, will continue to drive our focus forward as we also adapt to big changes in the industry this year. Here are some of the exciting things coming down the pipeline to keep an eye out for. Many of these will also show through in our platform which is powered by our technology partner CardConnect. So, get ready – it’s going to be a really fun year!

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Topics: credit card processing, merchant services, payment processing trends, contextual commerce, loyalty programs

This or That – The Real Deal Between a Flat Rate and Everybody Else

Posted by Danielle Lafontaine on Jan 11, 2017 6:04:00 AM

Through many of our educational blogs last year we talked about the variety of fees and rates other processors charge and the hundreds of card types out there that make up your qualified and nonqualified rates when you are paying under a tiered or cost-plus pricing model. We covered reading your credit card processing statements, decoding the language in the industry which is purposefully confusing, and what makes our custom flat rate program stand out from the rest. 

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Topics: flat fee credit card processing, flat rate credit card processing, merchant services

5 Ways to Maximize Your Holiday Profits

Posted by Danielle Lafontaine on Nov 30, 2016 10:00:25 AM

Maximizing holiday profits is the name of the game this season. And whether you’re a retailer or a dentist this can be a busy time of year. The National Retail Federation is forecasting holiday sales this year to increase 3.6% over last year to $655.8 billion. Here are some tips to make the most of the hustle and bustle from a credit card processing perspective. There are some simple things you can do as a merchant that can lower your credit card processing fees and get customers back in the door after the New Year as well. Cheers to a busy holiday for you all!

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Topics: merchant services fees, merchant services, custom gift cards, recurring billing, more secure terminal, maximize holiday profits

The Truth About Transaction Laundering

Posted by Kimber McCafferty on Jun 22, 2016 1:00:00 AM

Cyber-criminals are always lurking to find the best place to hijack some legitimate deal in an effort to sell illicit goods and services online…where these crooks breed. One of the latest popular scams is transaction laundering through payment processors and in recent months it has become a favorite of drug dealers, sex service procurers and other similar corrupt dealings. The problem is many people have yet to hear about this and studies at EverCompliant indicate that “as many as 6%-10% of additional unauthorized ecommerce sites that banks are processing may not know the illicit activities they are backing without their consent or awareness.”

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Topics: fraud liability, singular payments, merchant service scams, payment processing, fraud, merchant services, transaction laundering

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