Signature Payments Blog
Payments industry topics, trends and current events.
Sales Goals Best Practices
For years, merchant acquirers have, out of both necessity and routine, utilized fairly streamlined categories and criteria when determining how to assess the risk a new merchant possesses. Whether its credit, fraud, or reputational risk, the criteria have largely revolved around business type or MCC (Merchant Category Code)…
Subscription Based Businesses
For years, merchant acquirers have, out of both necessity and routine, utilized fairly streamlined categories and criteria when determining how to assess the risk a new merchant possesses. Whether its credit, fraud, or reputational risk, the criteria have largely revolved around business type or MCC (Merchant Category Code)…
Fight eCommerce Chargebacks
eCommerce ChargebacksApril, 2021Sales Payments Chargebacks Chargebacks can be damaging and costly. Fraudsters are getting more and more sophisticated with their schemes. Luckily there still a lot you can do to minimize exposure to fraud. To help you make sure you are...
What is a High Risk Merchant Account
What is a "High Risk" Merchant Account?January, 2021Sales Payments RiskA high-risk merchant account is a payment processing account for businesses considered by the acquiring bank or card schemes as “high risk”. Generally, high-risk businesses are more prone to...
Close More Deals
4 Steps to Closing More DealsDecember, 2020Sales PaymentsGone are the days of doing a statement analysis and placing a free terminal. To be successful as a merchant services sales rep and to truly HELP merchants succeed, the mentality must shift from “salesperson” to...
Surcharging
The subject of surcharging is one that has caused a great deal of confusion in our industry for quite some time. To help understand the rules, see the following summary of the rule changes.
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