Category Archives:Merchant Account
High Risk & Low Risk Merchat Services

Lastest Merchant Account News

5 Cornerstones of Managing Your High-Risk Business – By Heather Petersen
A merchant services provider that specializes in high-risk accounts will stay proactive in notifying you of protective measures, fraud prevention programs, and the condition of your merchant account. This partnership can benefit your company immensely. 3.
Read more on FeedFront Magazine

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When Digital Meets Traditional Banking: A New Concept in Senegal

When Digital Meets Traditional Banking: A New Concept in Senegal
Washington DC — With only six percent of the adult Senegalese population having an account in a formal financial institution, commercial banks in Senegal have so far shown little interest in contributing to financial inclusion by serving this vast …
Read more on AllAfrica.com

GDF Suez Shares Should Get Re-Rated (GDFZY)
The company's target regions account for over 80% of global energy growth over the next 20 years. The latest guidance implies power capacity growth … The IPP model is tried and tested and merchant risk very low. GDF Suez has a very good track record …
Read more on Seeking Alpha

VeriFone Mobile Money and Airtel Africa Group Announce Master Agreement for

VeriFone Mobile Money and Airtel Africa Group Announce Master Agreement for
20, 2014 /PRNewswire/ — VeriFone Mobile Money and Airtel Africa, part of the Bharti Airtel Group, today announced that they had reached an agreement to offer VeriFone Mobile Money's merchant enablement applications for mobile Tap n Pay across their 17 …
Read more on MarketWatch

Social E-Commerce App Drives Traffic to Your Online Store
To further drive sales for merchants, Bestie also gives users product recommendations based on their favorites, accounts they follow, browsing histories and user preferences. The service also functions as a deal-finding platform that automatically …
Read more on BusinessNewsDaily

What is Merchant Account?

Question by jeo_onn: What is Merchant Account?

Best answer:

Answer by Monsta’
A Merchant Account is simply a relationship between a retailer, a merchant bank and payment processor for the settlement of credit card transactions. Any retailer who wants to take credit card orders must establish a merchant account.

What do you think? Answer below!

Lans Holdings Update

Lans Holdings Update
2. by striving to become well known in the card processing space to merchant account providers, which will be receptive to alliances and partnerships in the future; and. 3. by attracting talent that has deep roots in the payment processing space. In …
Read more on Baystreet.ca

Sensex rallies over 400 points; Nifty hits 8850 as ECB unveils QE
NEW DELHI: The S&P BSE Sensex rallied as much as 402 points in trade on Friday to hit its fresh lifetime high of 29408.73, as sentiment in global markets turned bullish after the European Central Bank announced it will buy bonds worth 60 billion euros …
Read more on Economic Times

Lastest Merchant Account News

Alaric Introduces New Version of Fractals to Modernize Payment Fraud Detection
“The latest version of Fractals arms fraud teams with the best possible technology to protect their account holders and, ultimately, their bottom line.” The latest release incorporates new features designed for merchant acquirers, developed in …
Read more on MarketWatch

DataPath Provider Payments Simplifies Reimbursements for Workers
How it Works: DataPath manages the entire payment process, including provider registration. Once registered, providers are reimbursed for services by entering a secure account number on their merchant terminal. Through a customized portal, payers can …
Read more on PR Newswire (press release)

Android Apps for Mobile Payments Will Make Processing Simpler for Your
Like Square and PayPal though, you will need to buy the card reader and open a merchant account with them. Its strengths are support for many payment gateways and reasonable transaction fees. You can either pay them per transaction or a monthly fee …
Read more on Tech Cocktail

What is the difference between Merchant Account and Payment Gateway?

Question by M Shadows: What is the difference between Merchant Account and Payment Gateway?
Online Shopping

Best answer:

Answer by imisidro
Merchant account is a bank authorized account which allows you to accept major credit cards, electronic checks, etc. Note though that rates banks will charge you are higher if you are operating an online store because the “card is not present”

Payment Gateway is a software which actually processes customer order information, address, credit card number, etc. The data is sent to a credit card authorization network which verifies that the credit card is valid and verifies that the shipping address matches the billing address. Example of payment gateway is Authorize.net http://www.authorize.net

If you have only a few items, you can operate without a payment gateway and only with a merchant account — as long as you can manually assess the order and identify signs of fraud. All you need is a merchant account and a terminal where you can manually key in the credit card information

With a payment gateway, the order and credit card information is directly sent to your merchant account. So if the customer pressed the BUY NOW button twice, their card can be charged twice, as against when you manually key in the number, you can ignore the duplicate order

Add your own answer in the comments!

Lastest Merchant Account News

Ocean Shore Holding Co. Reports 4th Quarter 2014 and Year-End Results
… decrease in other income for the full year compared to 2013 resulted from decreases in deposit and loan account fees and cash surrender value of life insurance offset by increases in debit and merchant card commissions and gain on sale of investments.
Read more on PR Newswire (press release)

TouchSuite Announces Plans to Provide Complimentary Tablets to ddlegates of
With a Firefly demo starting up every 20 minutes at the TouchSuite booth, salon owners, booth renters and stylists will have plenty of opportunities to explore the software and receive their tablets. The required corresponding merchant processing …
Read more on Virtual-Strategy Magazine (press release)

Sheffield United v Tottenham Hotspur: Capital One Cup – as it happened
He's just 18 years old and opens his account with a fine side-footed effort from the corner of the eight-yard box after the ball had rolled his way from the right. That's an inspired substitution from Nigel Clough. Che Adams directs his shot past …
Read more on The Guardian

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Best Credit Card Offers for Retirees: Which Should You Choose?

Best Credit Card Offers for Retirees: Which Should You Choose?
There's also a killer signup bonus: Earn 40,000 bonus miles when you spend $ 3,000 or more on purchases in the first 90 days from account opening. … Please note that NerdWallet has financial relationships with some of the merchants mentioned here.
Read more on NerdWallet (blog)

Are 'Pull' Credit Card Transactions Making You Overly Vulnerable?
… trust all the parties involved? When you swipe your credit card at a retailer, potentially hundreds, if not thousands, of people could be involved in that transaction. How is that possible? Isn't money moving directly from your account to the …
Read more on CryptoCoinsNews

Legacy Banks Invest In Coinbase's Record $75m Funding Round

Legacy Banks Invest In Coinbase's Record m Funding Round
Some of the larger merchants Coinbase has signed on to their platform has been part of the portfolio of Andreessen Horowitz, one of Coinbase's early investors. Coinbase will be using the money to expand their employee base and their … Armstrong said …
Read more on Bitcoinist.net

'Vindskip' cargo ship uses its hull as a giant sail
Designed by Lade AS, the Oslo-based company says the hybrid merchant ship — which would still have a liquefied natural gas-powered engine — could achieve fuel savings of 60% and reduce emissions by 80%. It's the brainchild of Terje Lade, who used his …
Read more on CNN International

ISO Central
ISOCentral is an Android-based app that streamlines the process of signing merchant accounts to as little as 2 hours. ISOCentral is fully integrated with processors and sponsor banks for immediate results. All you need to bring to your sales calls is …
Read more on ZDNet