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Interchange Optimization (Achieving Level II/Level III Processing)

October 16, 2017 By Merchant Expert

Most merchants we talk to are unaware of what Interchange Optimization means and how it ties into Level II and Level III processing, and the beneficial financial impact Interchange Optimization has on a company’s bottom line. WHAT IS INTERCHANGE OPTIMIZATION? The direct answer is that Interchange Optimization is based on industry-specific program requirements created by […]

Filed Under: FAQs, News Tagged With: Interchange Optimization

How to Increase Vacation Rental Business Profit?

September 21, 2017 By Merchant Expert

Recent report shows that more people are traveling in the United States. One of the ways you can make money from real estate industry is through vacation rental properties. Temporarily renting out an apartment or house can offer an additional stream of income when you consistently do it. Your direct competitors are hotels and resorts, […]

Filed Under: FAQs Tagged With: FAQ, profit, revenue, vacation rental

Why is EMV chip readers so important for restaurant merchants?

December 14, 2016 By Merchant Expert

What do you need to know about EMV Chip reader for restaurant merchants? If you don’t upgrade to process chip cards then according to Visa/Mastercard you are held liable 100% on all chargebacks regardless of fault and whether you have a signed receipt copy from your customer. For example, a customer rings up a bill […]

Filed Under: FAQs Tagged With: Chargeback, EMV, Restaurant

Why Is Moneck’s High-Risk ACH Solution Better Than Other Solutions?

December 10, 2016 By Merchant Expert

It’s important to select the correct Online ACH solution and e-Check solution for your high-risk business. Selecting the wrong solution leads to having your banking relationship terminated, going out of business, and possibly into bankruptcy? However, we at Moneck have the ideal ACH solution for high-risk merchants such as yourself. Our solution uses it’s own […]

Filed Under: FAQs Tagged With: ACH, High, Kratom, Nootropics, Peptides

How to Avoid Having your Nutraceutical Merchant Account Closed & TMF?

November 3, 2016 By Merchant Expert

Nutraceutical merchant accounts consist of health and wellness supplements, vitamins, and products. Nutra Merchant Accounts are very valuable if you can keep them open and they are sensitive to account closure for a variety of reasons.  Depending on the Bank Processor some product(s) sold is not acceptable while other Bank Processors may deem the same […]

Filed Under: FAQs Tagged With: merchant account, Nutraceutical

How to Choose an ACH eCheck payment solution?

October 28, 2016 By Merchant Expert

Taking payments over the phone or through your shopping cart go beyond just offering your customers the option to pay by credit card like most merchant accounts do. Merchants that want to offer their customers an alternative to paying by credit card over the phone, by mail, or online through their shopping cart would be […]

Filed Under: FAQs Tagged With: eCheck, merchant account

Why Applying For A Merchant Account With The Bank May Cost You More?

September 26, 2016 By Merchant Expert

If you are a merchant looking to get approved for a merchant processing account, then here is what you should know. It is better to apply for a merchant account through a sales office such as Moneck Payment Solutions, rather than with the individual bank.

Filed Under: FAQs Tagged With: Local Bank, merchant account, Mistake

What Are Merchant Account Paperwork Requirements?

December 23, 2015 By Merchant Expert

Our underwriters and banking partners require both a completed application and supporting documentation. The required supporting documentation is very specific and must be exact according to industry standards. In order to expedite your approval and minimize back and forth emails please follow the guide below to provide us with the exact paperwork requirements as they […]

Filed Under: FAQs Tagged With: merchant account, paper work

How To Complete Merchant Application With DocuSign?

March 23, 2015 By Merchant Expert

Steps on How to Complete an Online Application sent through Docusign. Click Here To Download Step By Step Instruction

Filed Under: FAQs Tagged With: DocuSign

How To Make Your Company Website Compliant To Accept Credit Cards?

January 13, 2014 By Merchant Expert

For a merchant to accept MasterCard® and Visa® online and offline, there are basic rules that you must follow to remain compliant. By following these rules, you will create a better business image, reputation, increase customer satisfaction, and ensure that you do not run into any non-compliance and liability issues.  Operating a non-compliant website may […]

Filed Under: FAQs Tagged With: Compliant, Master, VISA

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Latest Merchant News

How to Increase Profit as a Travel Agency in the Modern World

How to Apply for a Travel Merchant Account & Credit Card Processing

Becoming An Independent Travel Agency Super Hero In 5 Steps

Latest Merchant Q&A

Interchange Optimization (Achieving Level II/Level III Processing)

How to Increase Vacation Rental Business Profit?

Why is EMV chip readers so important for restaurant merchants?

Why Is Moneck’s High-Risk ACH Solution Better Than Other Solutions?

How to Avoid Having your Nutraceutical Merchant Account Closed & TMF?

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