Industry Insights

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Firearm Merchant Accounts

By January 18, 2019

The firearms industry is growing, with over 11 million firearms manufactured each year in the United States and more than 40 percent of US households owning a gun. With an annual economic impact of more than $50 billion, …read on to learn more. Read more

E-Cigarrette Merchant Accounts

By January 18, 2019

E-cigarettes and vaping are rapidly growing industries with sales increasing every year, from $2.35 billion in 2016 to $2.9 billion in 2017, and e-cigarette sales are expected to exceed tobacco sales by 2026. …read on to learn more. Read more

Merchant Accounts for Cigar and Tobacco Businesses

By January 18, 2019

Cigar and tobacco sales remain a significant part of the US economy. Cigars alone amounted to $8 billion in sales in 2017, and over 12 billion cigars are sold every year to consumers, with projections to increase over the next three years. …read on to learn more. Read more

Jewelry Merchant Accounts

By January 18, 2019

Fine jewelry is an industry that continues to grow every year, with over $17 billion in sales in 2018. Specialty jewelers account for more than 43 percent of the industry’s total sales, but despite these trends, many processors are hesitant to work with these businesses. …read on to learn more. Read more

Golf Equipment Merchant Accounts

By January 18, 2019

With $6 billion spent on equipment, apparel, and supplies in 2016 alone and the number of new golfers rising in recent years—from 1.5 million in 2015 to 2.5 million in 2016—golf is a significant part of the US economy. …read on to learn more. Read more

Cannabis Merchant Accounts

By January 17, 2019

Opening a merchant account as a cannabis retailer is challenging to say the least. Finding a processor that will board your account and offer you fair rates? Nearly impossible …read on to learn more. Read more

Payment Technology for Restaurants

By January 8, 2019

Running a restaurant isn’t like other businesses. It comes with unique challenges and requires more than just a great product—you need a team that works together seamlessly …read on to learn more. Read more

Salons: How Your Payment Processing Can Help your Business

By January 8, 2019

Running a salon comes with its own set of challenges, and the last thing you should have to worry about is your payment processing. That’s why choosing the right equipment along with the right processor is so important. …read on to learn more. Read more

Is the Cash Discount Program Right For Your Business?

By August 31, 2018

Chances are you’ve heard of the cash discount program, but do you know how it can help your business? If you’ve ever wished for a way to lower your monthly fees, if processing fees are cutting your profits to nothing, the cash discount program may be just the solution for you! …read on to learn more. Read more

What you MUST know about EMV and why you MUST comply

By August 14, 2015

The EMV (Europay, MasterCard, and Visa) chip and pin standards become mandatory on October 1, 2015 for all United States businesses that accept card payments. Businesses have less than two months to comply, and recent reports indicate that not only are businesses lagging to meet …read on to learn why. Read more

The Curious Case of Cuba, America, and Commerce

By April 17, 2015

The buzz surrounding the seemingly impromptu restoration of American and Cuban relations has been a constant, with the most recent update, as of April 2015, involving the official removal of Cuba from the US’s State Sponsors of Terror List. Businesses and consumers throughout the United States and Cuba are gearing up quickly to begin what is sure to be a mutually …read on to learn why. Read more

Success as a Merchant Service Sales Agent has never been harder, or easier, depending on your approach

By March 16, 2015

All independent sales agents know the dedication and frustration that comes along with growing and retaining merchant accounts. You have to have thick skin, tenacity, flexibility, and stamina. But, while acquiring new merchant accounts or maintaining current accounts are challenges in and of themselves, the recent influx of sales reps, and even other payment service companies, into the market have made things more difficult by increasing competition. …read on to learn why. Read more

New Fraud Concerns over EMV Standards Contribute to Slow Compliance Rates

By March 9, 2015

With only several months until the mandatory deadline, the new Europay, MasterCard and Visa (EMV) chip and pin standards have been met with dismal compliance by U.S. merchants, and recent news reports that EMV could actually increase application fraud are not helping. The new EMV standards, which US businesses must comply with by October, are supposed to increase security against credit card fraud. …read on to learn why. Read more

Why Your Merchant Service Company Can Help (or Hurt) Your Business During Tax Season

By February 20, 2015

If you accept card payments, which you most likely do, then you know you must file a Form 1099-K to the IRS; but what you may not realize is that your payment processor can actually assist you with this confusing document, as well as other mandatory tax forms. Conversely, if you have a sloppy processor, you may find yourself in a world of hurt with the federal government…read on to learn why. Read more

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