iMerchant Network

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Imerchantnetwork.com news digest

  • 10 years

    Types of Merchant Accounts – Low-Risk, High-Risk, High-Volume

    Before you can apply for an internet/MOTO merchant account, you must understand certain classifications of business type: Low-Risk: Internet / Mail-Order / Telephone Order This classification fits most of you reading this. It includes many of your everyday...

  • 10 years

    Is It Bad If I Am On The TMF List (Terminated Merchant)?

    If you’ve had a merchant account in the past and been terminated for whatever reason, you are placed on a list of terminated merchants. This is bad news. Low-risk processors and banks will most likely NOT accept you as a merchant. They all check...

  • 10 years

    Top 10 Questions To Ask A Merchant Account Service Provider

    Don’t sign on the dotted line until you’ve answered the following 10 questions: 1. Will I be able to process credit cards online and off the internet? 2. If yes, what are the different procedures for each and if there are additional fees...

  • 10 years

    Merchant Account FAQ: Discount Rate vs. Transaction Fee

    Should I choose a higher discount rate and lower transaction fee or vice versa? The discount rate is the percentage of each sale the bank keeps. Per transaction fees are an additional fee per transaction ranging between $.10 and $.30. A common misconception...

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