Despite repeated requests to correct its content, the SBA has chosen to mislead small businesses. On September 10, 2013 the SBA posted an article titled The Best Credit Card Processing For Small Business Owners, written by guest blogger and affiliate marketer Marco Carbajo. In the article, Carbajo makes numerous false statements in an att...

Before you get gouged by a so-called "five star" processor, be sure you know the motivation of the reviewer, what or whom the review is targeting, and how credit card processing fees actually work. What's the motivation for the reviewer? The relationship of the reviewer to the company being reviewed is vital in determining whether the infor...

Unlike Target and Home Depot, small businesses don't always have the money to cover the expenses of a data breach, and may take a bigger reputation hit if customers perceive your business as not secure. You might be considering breach insurance, assuming that will protect you in the event of a data breach. Many credit card processing companies e...

Define Best: What's Really Important The problem with the word "best" is that it's subjective. Its meaning is unique to the person using it, and when it comes to credit card processing, many people don't really know what is truly best. For example, people generally feel the best credit card processing solution is the one that offers the lowest ...

If you're considering a flat rate credit card processing company, here's what you need to know. What is flat rate pricing? Flat Rate Pricing is An Illusion Truly Competitive Pricing vs. Flat Rate Pricing Interchange Plus Pricing Arguments for Flat Rate Pricing Known Costs Small Tickets What is flat rate pricing? Flat rate i...

What is Surcharging? Simply put, credit card surcharging means adding a fee to the total transaction price when a customer pays with a credit card instead of another method. (Such as cash, check, or debit card.) The fee is a percentage of the total and subject to a cap set by the card brands. This cap can be superseded by state law. The surchar...

This article will give a sense of the players involved in keeping this system running smoothly, and shed some light on what credit card processing fees actually pay for. Card Brands (Visa/Mastercard) For all of the advertisements produced by major card brands, companies like Visa and Mastercard are in many ways the players furthest removed from b...

The key to lowering your business's credit card processing expense is not avoiding non-qualified fees. The key is completely eliminating a processor's qualification altogether. Who Determines Rate Qualification Qualified, mid-qualified and non-qualified rates are set and manipulated by credit card processors through something called tiered pric...