Square payment system emerged in early 2009 as a new way to integrate mobile payments with merchant services, with its own fee structure. Square payment fees were the same for all merchants, no matter the transaction volume or the size of the company that uses their services.
Have you been thinking about setting up a merchant account for your business? You are aware that, without one, you won’t be able to accept any payment carried out with debit or credit cards. Still, you might not be exactly sure how to go about this task. Does one simply go to a bank and request one? Or is there more to this process? Here is a step-by-step guide to help you find optimal merchant services and start processing credit card payments.
Cashless payments are increasingly becoming the most popular payment method, although cash is still present. Paying with credit or debit cards is much more convenient and fast. If you run an enterprise, you surely already have or are in the process of getting a merchant account (MA). But what is a merchant account? Besides the fact that you need to have one, how much do you know about your options and the expenses associated with them?
It never hurts to know how much you can save.
