Selecting between surcharging and cash discounting can assist companies with credit card processing fees, but both methods function differently. Surcharging transfers costs to card users, whereas cash discounting incentivizes customers to pay cash.Knowing the advantages, pitfalls, and legal guidelines of each method is essential for selecting the appropriate strategy for...
What to Know About High-Risk Merchant Accounts
If you’re a business owner navigating the payments landscape, you’ve probably come across the term “high-risk merchant account.” It might not sound very safe, but it’s a reality for many industries that operate outside what traditional banks and processors consider low-risk. Whether your business is in adult entertainment, e-commerce, vape...