Avoiding Settlement Delays

Typical batch settling (aka “deposits”) will occur within one (1) business day of the settlement of a batch.  From time to time, however, the deposit may be delayed; that delay can last anywhere from one day to multiple days, depending on the circumstances giving rise to the delay.  What causes such a delay of deposit […]

Understanding Chargebacks

As much as any business welcomes a sale, a sale made using a credit card is not without an element of risk to the business. When a sale goes bad, the credit card companies – often at the prompting of the paying customer – may reverse the charge; i.e. they will charge back to the[…..]

The Pros and Cons of Shopify Payments

eCommerce, or the ability to sell a product or service to a consumer on-line, is here to stay. ECommerce is not the way of the future – it is, instead, very much a part of the present reality of selling products and will only grow. One of the solutions that many businesses turn to is[…..]

Understanding a Merchant Statement

Have you ever looked at your merchant statement and thought to yourself, “Well, this is as clear as mud.” Ever wondered, “What are all these charges? What do they even mean? How much am I paying???” If so, keep reading. In this article, we’ll identify and explain the major components of a merchant statement and[…..]