Maintained to reflect market changes, statistics, network rules, pricing structures, and prevailing cost dynamics.
Accepting card payments is no longer optional for most businesses. Across North America, electronic payments now represent the majority of transactions, meaning nearly every merchant needs a reliable payment terminal. But while choosing a processor gets most of the attention, how you acquire your payment terminal can quietly become one
Merchant Discount Rate (MDR) sounds like a good thing. Who doesn’t want a discount? But the term is highly misleading. Watch out. When you hear
Do you know what puts most businesses out of business? Reduced cash flow. After a business makes a sale, if it doesn’t get the funds
Interchange is the fee collected by credit card issuers on every transaction. These interchange rates in Canada are set by Visa and MasterCard and are
Clearly Payments, a Canadian payment processor that was built from the ground up to have the lowest payment processing fees, has launched an Ambassador Program. People
Many things inspire people. And people are inspired by many different things. We get that. Characteristics like passion, empathy, and honesty are all inspiring. Those
Patients prefer convenience, speed, and minimal contact when they pay after their dental visit. This trend, particularly minimal contact, has been slowly gaining traction for
The fees for payment processing add up. Many dentists don’t know how much they are paying, but they do know they are paying too much.
Businesses are working remotely. The remote working trend is only increasing, especially during the COVID-19 crisis the world is experiencing. It is becoming more important
Credit card processors (or merchant service providers) have exposure to losing the money. That’s the risk which merchant account providers take. By the way, here’s
New financial technology firm aims to drive down the cost of accepting payments for merchants and bring radical transparency to the payments space. FOR IMMEDIATE
A reserve on a merchant account in credit card processing is a temporary hold on a portion before they are deposited in your bank account.
Our goal is to increase your cash flow and your profitability. We increase your profitability by providing you the best rates. We increase your cash flow
What is radical transparency? When you start a company, an early decision you’ll want to make is how much information you are going to share
A merchant account is similar to a bank loan. It provides credit to a business. It is credit because after a customer swipes their credit
Reading credit card statements is complicated. There is no standard and there are no regulations enforcing a pricing method. There is a credit card processing
Getting good rates from a credit card processor is tough but not impossible. It can be complicated to understand your rates. Credit card processing has
You need to make sure you have good rates as a merchant. If you don’t have good credit card processing rates, it means less cash
RMTs (Registered Massage Therapists) and general massage therapists are in a competitive business. The core of a successful RMT is repeat business. When you have
First, just because a payment processor says they will get you 1.54% rates does not mean that is what you will pay. It’s unfortunate but
Accept credit cards with Clearly Payments and we’ll show you how much we make. We do that to keep us aligned with our mission which
If there is one point you should take from this article, it is that Interchange Plus pricing is by far the most merchant friendly pricing