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Finally Some Good News for Merchants

Preliminary numbers for the first quarter show a decrease of just under 18% in credit card processing volume for my portfolio compared to same quarter results last year. Good news, you say? Actually, the good news is that processing fees decreased closer to 30% from same quarter numbers. So, while processing volume is down, fees [...]

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Do I Need A Terminal To Process Credit Cards?

Published on March 25, 2009 by Brian

This is one of the most common questions I encounter. The answer of course depends on how you conduct business, more importantly how you charge for your services.

The most accurate answer is “yes”. However, most people asking this question are really asking about a physical machine located at the place of business. With the advent of technology, most businesses can accept credit card transactions with the assistance of virtual terminals such as internet portals or automated voice response systems. (more…)

Post comment, Filed under: Credit Card Terminals, credit card processing