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Merchant accounts are essential if you want to run a business that accepts debit and credit card payments. Not doing so can impede on your ability to attract customers and grow your business. Luckily, ...

Accepting credit cards requires a payment processor like Square or Stripe, a merchant account, and hardware like POS terminals. Fees range from 1.5% to 4%.

The process by which a business collects payment from a credit card transaction involves two steps, authorization and settlement, and three key players: customer, issuing bank and merchant. Many, or ...

Credit card processing scams come in all forms. They can be a phone call from an alleged merchant service provider saying your card terminal needs updating or an email offering rate reductions.

Dana Miranda is a Certified Educator in Personal Finance® and founder of Healthy Rich, a platform for inclusive, budget-free financial education. She’s written about work and money for publications ...

When it comes to processing credit card payments, you have to spend money to make money. Every player in the payments value chain, including the issuer, acquirer or processor and card network, deducts ...