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The Impact of the COVID-19 Outbreak on Digital Payments

The Impact of the COVID-19 Outbreak on Digital Payments

Before the COVID-19 outbreak, digital payments involved swiping or inserting the card into a credit card machine so it could read the chip. After the pandemic started to spread, the impact of the COVID-19 outbreak on digital payments presented new challenges for businesses to limit contact with credit card and debit card terminals. Contactless Payments Grew One noticeable change was that more and more merchants upgraded their payment processing equipment … Continue reading “The Impact of the COVID-19 Outbreak on Digital Payments”

How to Find a Credit Card Processor for CBD Products

How to Find a Credit Card Processor for CBD Products

The CBD market is growing, with more and more businesses selling CBD products. CBD comes from marijuana plants and hemp plants as an extract. CBD provides the benefits of marijuana, like pain relief, without the THC component, which results in feeling “high.” Even though marijuana has been legalized in numerous states for medical and recreational use, it is still listed at the federal level as an illegal Schedule I drug. … Continue reading “How to Find a Credit Card Processor for CBD Products”

The Merchant Processing Guide to Credit Card Merchant Services

The Merchant Processing Guide to Credit Card Merchant Services

To accept credit card and debit card payments at your business, you need a merchant processing account from a merchant service provider. Your merchant account will have different rates, pricing structures, and fees that you will be charged. The amounts can and do vary based on a variety of factors, such as the volume of transactions processed, dollar amount, business type etc. To get an idea of what you could … Continue reading “The Merchant Processing Guide to Credit Card Merchant Services”