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5 Benefits of Using Clover Systems

Posted by MerchantPro Express on Sep 27, 2017 3:15:04 PM

Clover systems are types of POS (point of sale) solutions available in a variety of credit card processing models—including the Clover Station, Clover Mini, Clover Go, Clover Flex and Clover Mobile—all enabling merchants to accept a wide range of payments, from cash and checks to credit, debit and gift cards, with ease.

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Topics: MPX Benefits

The Difference Between Chargeback Fraud and Friendly Fraud

Posted by MerchantPro Express on Sep 19, 2017 4:00:05 PM

Chargebacks—demands by a credit card provider that a retailer refund a disputed or fraudulent transaction—cost businesses of all sizes a tremendous amount of money each year. Not only do these entail reimbursements to the customer, but also any fees related to the investigation into the claims.

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Topics: Industry News

How to Protect Your Business Computer Systems

Posted by MerchantPro Express on Sep 13, 2017 10:30:00 AM

Keeping your business computer systems safe and secure is imperative, no matter your industry or company size. Merchants who fail to implement the proper requirements to protect against data breaches and malware are putting both their organizations and customers’ information, including credit card numbers, at risk. With the continuous growth of online shopping and computer-savvy hackers, it’s best to be proactive with your business’ data protection capabilities.   

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Topics: MPX Benefits

Business Cash Advance vs. Business Loan

Posted by MerchantPro Express on Sep 6, 2017 9:00:00 AM

Although there are business owners who don’t need outside assistance to either start or grow their organizations, many find their success depends on additional financing from outside sources. Doing so gives them access to capital that can help fund payroll, inventory, management systems and equipment, making day-to-day operations run smoother and more effectively.

Business cash advances and business loans are two financing options to consider. While some people may believe these terms refer to the same method of funding, they are actually quite different from one another, with their own benefits and drawbacks.

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Topics: MPX Benefits

Do Interchange Rates Change?

Posted by MerchantPro Express on Sep 1, 2017 1:10:08 PM

Like many other financial rates, interchange rates—those fees collected by credit card banks per each transaction—do not stay the same. The amount a merchant acquirer paid in interchange five years ago, or even one year ago, is different from the current rates. This is one reason why the interchange fees on a merchant’s credit card processing statement vary.

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Topics: MPX Benefits

What Features Should Your Credit Card Reader Have?

Posted by MerchantPro Express on Aug 4, 2017 5:05:06 PM

When merchants decide on the type of credit card reader they want to use, there’s typically a lot of research involved. This way, they learn about the different options available, comparing and contrasting their advantages and disadvantages. The model most optimal for your business is going to vary, depending on your industry. For example, those who are out in the field and need to accept payments from customers onsite may not have the same list of must-haves as those owning a clothing store.

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Topics: MPX Benefits

6 Facts About the Clover POS System

Posted by MerchantPro Express on Aug 3, 2017 9:23:59 AM

The Clover POS System is one option for merchants who want to accept credit card payments. However, as with any business decision, research will help determine the best results.

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Topics: MPX Benefits

What Is the Chargeback Fee on Your Merchant Statement?

Posted by MerchantPro Express on Jul 21, 2017 9:04:51 AM

Just like any other bill, it’s imperative to know what each fee on your merchant account statement means. This way, you’ll have a clear understanding of what products and/or services you are paying for and will have a much easier time reviewing it every month. Plus, if you’re not familiar with the types of costs associated with credit card processing, you may never realize that your provider is including unwarranted fees at a high rate, which often occurs. That means more money out of your pocket and less money to put back into your business.

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Topics: MPX Benefits

Boston’s Molly Devin to Open MPX Office in Charleston, SC

Posted by MerchantPro Express on Jul 10, 2017 10:01:57 AM

MerchantPro Express (MPX) is expanding its credit card processing sales operation into the Keystone of the South Atlantic Seaboard—South Carolina. Managing Director Molly Devin has opened MPX’s first office in Charleston. This is yet another indication of MPX’s rapid growth.

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Topics: Industry News

MerchantPro Express and VetREST Form Referral Partnership

Posted by MerchantPro Express on Jul 6, 2017 1:32:02 PM

MerchantPro Express (MPX) is excited to announce a newly-formed referral partnership with VetREST!

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Topics: Industry News

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