Business Reviews

Posts Tagged ‘merchant account’

Many merchants have online forms that emails the results to them with the customer order information. The real danger happens where the information isn’t encrypted every step of the way. I’m going to go over a quick guide on how to make sure if you do this, that information is never left exposed to hackers. Read the rest of this entry »

Buy or lease?

Whether to buy or lease office equipment  depends on several factors. Of course, it costs more to lease in the end, but the tax advantages can really take the sting off the interest in many cases. Here’s the factors involved: cash on hand, how many deductions your business is going to have for the year, and something most people don’t consider, security. Read the rest of this entry »

If you’re looking to save money by buying a used merchant account terminal you really have to be on guard for hacked equipment. There’s really two types when it comes to it, one is Read the rest of this entry »

I used 2checkout for several years, but stopped when I did the math one year. They advertise a %5.5 fee, and .45 cents per transaction, but in the real world it’s a lot higher. I did some math with our total sales minus all the fees one year and came up with a staggering %9.49. How do their fees get so high? Good question. Read the rest of this entry »

I get a lot of calls from people who are really new and ask about if they need a merchant account (usually you don’t) or if PayPal or some other processor like 2checkout will do the job. If you’re not going to Read the rest of this entry »