5 Things the Catalog Ninja is Doing Right Now
As you're looking at item-level usage forecasts, don't forget to adjust your items per thousand orders factors to account for these new items. If you had a $ 49.95 item that will now be priced at $ 52.95 and you've introduced a new $ 49.95 item that might …
Read more on Multichannel Merchant
African Markets – Factors to watch on Sept 9
SOUTH AFRICA – Rand Merchant Bank releases quarterly business confidence index for the third quarter, compiled by the Bureau for Economic Research. … EMERGING MARKETS For the top emerging markets news, double click on AFRICA STOCKS For the latest …
Read more on Reuters Africa
iWatch from Apple may mean the end of plastic credit cards
Apple is expected to announce a new iWatch this week, and along with it new mobile payment platform that would be cheaper and easier to use than today's credit-card system. Apple's agreements with MasterCard, Visa, and American Express would allow …
Read more on Christian Science Monitor
Question by lindsay g: e-commerce merchant account shopping cart question?
If i set up a merchant account, will I get software to put a shopping cart in my site? i built my site with dreamweaver, and they have a shoppingcart, and i use hostmonster.com for a host and THEY have a shopping cart/merchant account package… but i also have a friend that sells merchant accounts.. what should i do>???
Best answer:
Answer by drachma
This is a complicated question —
It depends on the merchant account package.
Sometimes the merchant account gives you access to eCommerce packages i.e. Miva Merchant or open source osCommerce. You get full functionality but will not have the ability to customize it fully – but some you might.
Some times merchant accounts only provide SSL and ability to install shopping carts easier…through 1 click button as opposed to your own installation.
My advice is get to know eCommerce packages if you’re going that route. Any web host can add SSL and you yourself can install packages like Miva/osCommerce/XCart/ZenCart etc…
Get a Merchant account only if they take care of software installs, upgrades, etc. Or better – go with an e cart solution like goecart.com for example.
Hope that helps.
Know better? Leave your own answer in the comments!
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
Rough Week in Retail as JCPenney, Macy's Close Stores – as do Gators, Seals …
Together, the 14 stores being closed account for approximately $ 130 million in annual sales, some of which is expected to be retained in nearby stores and with online/mobile sales. In addition, Macy's and Bloomingdale's will be adjusting certain …
Read more on CoStar Group
Cubits Launch Aims to Accelerate Bitcoin Buying in Europe
The first products based on the new platform are a consumer-focused wallet and a merchant payment system called Cubits Pay, which have been in beta since October last year. The company … If the account is already funded, the exchange is instantaneous.
Read more on CoinDesk
Just Got Engaged? Credit Card Offers You Should Consider
Please help us keep our site clean and safe by following our posting guidelines, and avoid disclosing personal or sensitive information such as bank account or phone numbers. Any comments posted under NerdWallet's official account are not reviewed or …
Read more on NerdWallet (blog)
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
Residents targeted by credit card scammers
When the wife contacted Ipayment to inquire about the account, she was told that a business account was opened under Timberwood Construction in September. The woman told the deputy that although the account was opened using the correct address, …
Read more on Coeur d’Alene Press
KKR third-quarter earnings beat expectations amid surge in cash
Its economic net income (ENI), a metric of profitability that takes into account the mark-to-market valuation of the portfolio, was $ 419 million on a post-tax basis, down from $ 571 million a year ago. This translated into … KKR's divestments in the …
Read more on Reuters
Merchants' Choice Payment Solutions Partners With CardFlight for Customized …
CardFlight is a leading provider of mobile POS technology and tools that makes it easy for anyone to accept swiped card-present payments in any mobile app with virtually any merchant account. They offer both turnkey mobile applications and robust …
Read more on PR Newswire (press release)
Coin, Wocket, Plastc: The all-in-one cards trying to sprint ahead of Apple Pay
In most cases, credit card information is just being transferred to the merchant's terminal like it would be through a traditional magnetic stripe card. The difference is that Coin, Wocket, and Plastc have all integrated security features that are …
Read more on Ars Technica
MiFID II, MiFIR, Block Trade Washes, AlphaMetrix, Charges for Cash, Bitcoin …
No intermediated clearing through a futures commission merchant will be permitted. Before any order of a participant is effectuated, the participant must have all necessary funds in an approved depository account or collateral in the form of the …
Read more on The National Law Review
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!
Question by DMG: Credit Card Merchant Accounts?
I recently submitted an application for a business credit card merchant account. It is an existing business with an existing merchant account with another company. This new provider wants me to give them my social security number even though the company has its own EIN/tax ID. Why would they want my social? Does this open me up to financial liabilities of the company? I know if they hard pull my credit information, this has a negative impact on my personal credit rating. The other option is to jump through hoops of sending several years tax returns and months of bank statements. What is the best course of action?
We have been in business for almost 7 years so it is not from lack of history.
This is not for a business credit card, it is for a merchant account to process credit cards.
Best answer:
Answer by RIP LUCY
Just give them your social. Sounds like they will approve your application, based upon your credit. One inquiry isn’t that harmfull and this way is way easier.
Know better? Leave your own answer in the comments!
Google PLAs Get Automatic Item Updates
Google announced the launch of automatic item updates for Product Listing Ads. This enables changes made on your website to be reflected automatically in your ads. With the holiday season approaching, and businesses preparing to offer numerous deals …
Read more on WebProNews
American Express OptBlue: Negotiating Processing Rates
In “American Express OptBlue Program May Reduce Processing Cost,” my article in July, I explained how the new OptBlue program could reduce processing rates for ecommerce merchants, as it allows merchant account providers to set the rates and fees …
Read more on Practical Ecommerce
The new Bitcoin ATM: No cash in, no cash out
Instead, the account opening process involves purchasing an NFC-enabled Bitcoin debit card for 5 Australian dollars ($ 4.36). While purchasing a Bitcoin card, Diamond Circle ATM users can also purchase bitcoins to put in it using a credit … The …
Read more on ATM Marketplace (press release) (blog)
