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Many payment industry players, including merchants, ordinary and wholesale independent sales organizations (ISOs), payment facilitators, and payment service providers (PSPs) are not satisfied by their payment processing relationships, because their current processors do not support some particular technical features they need and are unwilling to implement the necessary logic. Besides transaction processing cost, technical features […]

Date posted: January 11, 2019 | Author: | Comments Off on Does your processor support all the technical features you need?

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“So, how much are you paying for transaction processing?” I once asked a friend of mine who owned a small retail store. According to his words, he was paying only 2.5%. But when we looked through his merchant statements, it turned out he was actually paying 5.8%. Quite a difference, isn’t it? Was that merchant […]

Date posted: January 3, 2019 | Author: | Comments Off on 3 Steps to Lower Your Processing Costs

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Any startup company that wants to accept payments online has to look for some credit card processing solution to utilize. While many startup businesses are searching for a payment processor or payment gateway, offering their services for the lowest price, this is not the best strategy to follow. In fact, payment processing for startups is […]

Date posted: September 10, 2018 | Author: | Comments Off on Credit Card Processing for Startups

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After the emergence of online marketplaces and affiliate marketing the need for split funding mechanisms became extremely relevant. It became obvious that conventional model, under which the processor withheld a certain part of every transaction as payment processing fee could not accommodate more complex split payment scenarios. As the new types of transaction participants emerged, new […]

Date posted: October 22, 2018 | Author: | Comments Off on Split Funding Models

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The concept of online marketplace became relevant after rapid development of companies, which chose online marketplace model as their basic business model. The most well-known examples include Uber, eBay, as well as Amazon. In the online marketplace model credit card processing has its peculiarities. Transaction processing mechanism, used in marketplaces, has to be capable of […]

Date posted: October 22, 2018 | Author: | Comments Off on Online Marketplace Model

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