PayKings Blog

What is a Credit Card Payment Processor?

What is a Credit Card Payment Processor?

September 7, 2023

A credit card payment processor is a tool used by merchants to process transactions. The payment processor provides a way to accept credit card payments and transmit banking information securely. Credit card payment processors can specialize in high risk industries or be traditional mainstream processors. High risk credit card processing makes accepting payments easy. Ecommerce… Read More

Everything You Need To Know About Chargebacks

Everything You Need To Know About Chargebacks

September 3, 2023

What’s a Chargeback? A chargeback is the effect of a dispute of a charge by the credit cardholder. If the card issuing bank takes the dispute, it will instantly refund the charge to the cardholder. They will then file the chargeback via the acquiring system who will draft the refund from your checking accounts and… Read More

What You Should Know About Paypal Fees

What You Should Know About Paypal Fees

August 30, 2023

If you are considering choosing Paypal as your payment processor, you should understand what Paypal fees you may be charged. The bottom line: every transaction is not created equal. Here is a breakdown of the most common Paypal fees that businesses end up having to pay so you can make an informed choice on what… Read More

Continuity Subscription Merchants

Continuity Subscription Merchants

August 18, 2023

Continuity subscription merchants are realizing the importance of ongoing revenue to grow their business. This billing model allows companies to have a secure and consistent customer base that they can count on. ¬†However, there are challenges when it comes to passively processing financial transactions like this. For instance, subscription merchants or a recurring payments structure… Read More

Merchant Account Limits

Merchant Account Limits

August 18, 2023

The phrase merchant account limits is a common term among merchants. In fact, there are several meanings that the word “limit” denotes when referring to high risk merchant accounts. From the number of merchant accounts one entrepreneur can have to the amount of transactions a company can process, there are profitable solutions. This article will… Read More

Best Firearms Software for Gun Merchants

Best Firearms Software for Gun Merchants

August 14, 2023

Top 5 POS Software Programs for Firearms Merchants Do you own a gun store and need some new software? Finding the right software can be confusing. Because gun shops are heavily regulated at all levels of the government, keeping everything secure and organized is paramount. Luckily, we have compiled a shortlist of some of the… Read More

What Is A Merchant ID Number?

What Is A Merchant ID Number?

August 10, 2023

A merchant ID number, also known as a MID is a personal number banks use to identify your payment processing account. It’s comparable to an individual’s social security number, but in this case, it identifies a bank account. Accepting card payments such as credit, debit, ATM, EBT, gift, company discount, etc. will require the use… Read More

Adult Dating Membership Accounts

Adult Dating Membership Accounts

August 6, 2023

Adult dating memberships have increased substantially over the past decade. What started out as an industry with social stigma is now a booming enterprise for online stores. In fact, a large number of millennials and gen Xs are getting in a relationship with a spouse or partner that they fulfilled online. Although there are some… Read More

Merchant Accounts For Tobacconists

Merchant Accounts For Tobacconists

August 2, 2023

Tobacconists usually have a hard time finding reasonable merchant services. As a result, cigar and tobacco merchants in this space typically pay higher rates and processing fees so they can operate within this uniquely regulated vertical. In most cases, tobacco shop business owners are passionate about their product line. It’s this pursuit of the high-end… Read More

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