Credit Card Processing Blog

Category: Credit Cards

  • Why Mobile Payment Processing is a Good Thing for Consumers

    Why Mobile Payment Processing is a Good Thing for Consumers

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    Article by: PC Walls A mobile payment gateway, like any new technology, can seem overwhelming to the average consumer at first glance. There are new protocols to learn, sometimes new accounts to sign up for, and a lot of misinformation floating around regarding security. With 2017 being such an important year for this technology, it’s…

  • It’s Time to Accept Credit Cards Online

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    Part of owning a successful e-commerce business is providing your customers with convenient ways to pay for your products and services on the web. If you still haven’t set up credit card processing online, you could be missing out on a lot of business, and a whole lot of money.  Many business owners are hesitant…

  • How to Accept Money Online For Your Business

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    There was a time when the only options available for making a payment for a purchase was either by cash or by check, but things have come a long way from then with the emergence of online shopping and there are many options available to make payments. So now when you are starting a new…

  • How Do Merchant Accounts Work

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    A merchant account is bank account that your business can use to accept credit or debit card payments from customers. Having a merchant account is increasingly becoming a necessity for a business and obtaining one is relatively easy with a merchant bank like Solid Trust Pay. Giving the customers the option to pay by card…

  • How to Setup Online Credit Card Processing for Your Website

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    Now that you own a business, it’s time to begin accepting payments! If you run an online company, it’s important to provide your customers with the opportunity to purchase your products and services via a wide range of payment options, including credit cards. Setting up online credit card processing is advantageous for your clientele and…

  • Will the credit bureaus use other measures to calculate your FICO score?

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    The major credit bureaus, Equifax, Experian and TransUnion, are known to use your payment history (35%), amount owed (30%), length of credit history (15%), new credit or searches for credit (10%) and types of credit used (10%) to come up with a credit score known as FICO (Fair Isaac Corporation) score for you.  The Bloomberg…

  • How a mortgage loan default may impact your FICO score

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    Before you file for a bankruptcy, default on a home mortgage loan, or even letting an unpaid bill to go a collection, consider its impact on your credit, especially your FICO score.  FICO (Fair Isaac Corporation) is a commonly used measure of your credit worthiness maintained by the three major credit bureaus and used by…

  • Use of cash for retail payments are declining rapidly in the U.S.

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    The use of credit and debit cards to pay for retail transactions accounts for about 30 percent each.  Cash payments make up for about 29 percent in the U.S. and is in decline for last ten years when it accounted for more than 36 percent of retail transactions.  Visa and Master Card, world’s largest credit…

  • Credit and debit card fraud here to stay

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    Hackers are busy at work trying to get into your personal financial accounts so that they can make a quick buck.  According to the Federal Trade Commission, credit card fraud and theft increased by about 21 percent in 2008 and holding steady ever since.  In 2006, fraud accounted for seven cents of each 100 dollar…