Credit Card Processing FAQs

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Credit Card Processing FAQs

Post by Accrete »

As mentioned in the quote below Practical Ecommerce will be doing a series on credit card processing FAQs. These could be helpful to those of you starting a business or are confused how credit card processing works:
Credit card processing fees are a longstanding pain for merchants. This post is the first in a series in which I’ll answer common payment questions. I won’t shy away from controversy, and I’ll explain how processing fees are derived and passed to merchants. Throughout, I’ll suggest ways to reduce processing costs....
Credit Card Processing FAQs, Part 1: Learning the Jargon


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Re: Credit Card Processing FAQs

Post by Accrete »

Next in the Practical Ecommerce series on credit card processing is about pricing models for credit cards.


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Accrete
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Re: Credit Card Processing FAQs

Post by Accrete »

Part 3 - Reducing costs
Credit cards are the principal method of payment for ecommerce customers. But for merchants, the backend infrastructure of processing and collecting the funds is often bewildering.
Credit Card Processing, Part 3: Reducing the Cost


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Accrete
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Re: Credit Card Processing FAQs

Post by Accrete »

Next in Practical Ecommerce series of processing FAQs is information about merchant accounts.

First - Roles and Functions
...It’s normal to be confused about payment processing, gateways, and merchant acquiring. The industry arguably relies on confusion to levy charges that may otherwise be contested.

As with card processing, understanding how merchant account fees are created and charged will help you choose the best merchant account provider for your business...
Primer on Merchant Accounts, Part 1: Roles and Functions

Second - Providers, ISOs, How to Choose
The digital payments industry is notoriously confusing. This post is the final installment of a 2-part series on merchant accounts, which are required for all businesses that accept credit cards...
Primer on Merchant Accounts, Part 2: Providers, ISOs, How to Choose


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