Yahoo and Paypal have announced that merchants that accept Paypal as a form of payment will have a special shopping cart icon displayed with their listing in Yahoo Sponsored Search results. It will look like this: This is similar in concept to Google’s display of a special icon in the Adwords listing of merchants who [...]
Anyone who has attempted to open a traditional merchant account from the same provider as their retail store while offering “adult content” on their website can tell you how quickly they are told “sorry, but we cannot establish an account for adult content”. But what is “adult content” and why can’t you get a typical [...]
First Data, the largest player in the merchant services industry by far, has been sold to Kohlberg Kravis Roberts & Co for $29 Billion.This kind of sale would be the equivalent of Microsoft being sold GE. You can read more about it in their official press release. Technorati Tags: First Data
When applying for a merchant account most small and medium-sized merchants will notice that a personal guarantee is required to establish the merchant account. A personal guarantee basically says that if the business cannot fulfill its obligations to the processing bank then the processing bank can legally pursue the guarantor to fulfill those obligations. This [...]
A common question asked online is how to accept credit card payments at a fair or market. Generally when this question is asked it is implied that the merchant will be somewhere where they can’t bring a traditional credit card terminal because they do not have access to a phone line or electricity. Naturally this [...]
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