All Posts Tagged With: "msp"
Is Your Merchant Account Safe?
During a global financial situation like we have today, it’s very easy for a lot of things to go unchecked and merchant account providers are no exception. I will save the complexities for a later point, but to sum things up, the vast majority of merchant accounts are managed and provided by Merchant Service Providers [...]
1Dec2008 | Riley Poole | 1 comment | Continued10 Things your Merchant Service Provider Will Not Tell You
1) Discount rates are ultimately set by Visa/MasterCard. Anything in excess of these rates are profit for the ISO, Merchant Service provider, and end-reseller. In the case of high risk merchants, these can be upwards of several percentage points per transaction.
2) Being on the TMF list doesn’t automatically exclude a merchant from being accepted for [...]
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