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Merchant services companies, located in the US often reject merchant account applications, coming from small-size startup merchants, coming from other countries. MSPs are reluctant to deal with them because of several reasons. First, if a company is processing transaction volumes, which look insignificant to a US MSP, the MSP will not take the risk of […]

Date posted: September 10, 2018 | Author: | Comments Off on Challenges of Startup Merchants

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Generally, a payment service is a combination of a payment gateway and a merchant services offering. In order to process a transaction (to charge a card), a merchant needs a merchant account (through which payments are processed and deposits are executed) and a payment gateway (to submit transactions for processing). Payment service companies will normally […]

Date posted: April 5, 2018 | Author: | Comments Off on Is there any difference between a payment gateway and a payment service?

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