Bank finance articles and tips

You may never have heard the term "mobile wallet" before, but if you are involved in merchant credit card processing, pay attention. This is the wave of the future. Mobile wallets will be one of several ways to process payment no matter where you are in the next few years, and for a business that doesn't stay in an office, it can make closing the sale much simpler....

Interchange plus is a form of credit card processing pricing. Once upon a time it was only available to large businesses with millions in sales. But times have changed, and even small businesses can now benefit from this inexpensive pricing model.

Cost Effective

Calling interchange plus cost effective is a fancy way of saying that it's the cheapest credit card processing pricing model. There are those merchant account providers that will claim tiered and other forms are pricing are less expensive in certain instances, but they're mistaken, and not looking at the big picture.