California Ruling to Impact Recurring Payment Merchant Account Solutions

California Ruling to Impact Recurring Payment Merchant Account Solutions

We’re not in the business of making predictions, but we wholeheartedly feel that recurring payment merchant account holders are going to have to adjust their models in the very near future. Since the General Data Protection Regulation (GDPR) was enacted in the European Union, we’ve always had the feeling that a trickle-down effect would spread…

Online Sales Tax Ruling Presents Questions, Opportunities for US Merchant Services

Online Sales Tax Ruling Presents Questions, Opportunities for US Merchant Services

The recent Supreme Court ruling regarding online sales tax is going to significantly impact the US merchant services industry. Back on April 27 of this year, we blogged about the South Dakota vs. Wayfair supreme court case regarding whether it’s legal for a state (South Dakota) to force online retailers (Wayfair) to collect sales tax…

Gas Buddy Thriving with ACH Processing Bank Transfers (Other Merchants Should Follow)

Gas Buddy Thriving with ACH Processing Bank Transfers (Other Merchants Should Follow)

With rising gas prices, we think Gas Buddy is on to something. We’re hopeful that other businesses will follow. Gas Buddy, the gas price website which locates the least expensive fueling stations by zip code, launched Pay with Gas Buddy one year ago, a discount fueling program that enables consumers to pay by ACH processing…

Dynamic CVV Codes Could Transform E-Commerce Merchant Services

Dynamic CVV Codes Could Transform E-Commerce Merchant Services

We read recently that credit card processing giant WorldPay, also a longtime acquiring banking partner of ours, is in the testing stages of a credit card equipped with a dynamic, changing CVV code. We think it’s a terrific idea that would transform the business of e-commerce merchant services and significantly secure online transactions that are…

New Twist in Lending Could Trigger Uptick in ACH Payment Processing Solutions

New Twist in Lending Could Trigger Uptick in ACH Payment Processing Solutions

We’ve offered both check solutions and ACH payment processing solutions to payday lending merchants since shortly after Instabill opened shop in 2001. Payday lending, which has always been a controversial industry, is about to get more interesting. The industry has been on a roller coaster ride within the last five years, with states imposing regulations…

Subscription Merchant Accounts Surge in Popularity, Remain High Risk

Subscription Merchant Accounts Surge in Popularity, Remain High Risk

Because we’ve long offered subscription merchant accounts, we’re excited for the possibilities of the subscription business model. It is undergoing a resurgence as of late, and it’s not just newspapers, magazines and health clubs anymore. Businesses have gotten creative with subscriptions and recurring billing schemes by offering products such as shaving kits, pet supplies and…

High Risk Merchant Services Solutions for Sports Betting? It’s Going to Take Time

High Risk Merchant Services Solutions for Sports Betting? It’s Going to Take Time

We received quite a few calls this week regarding the possibilities for high risk merchant services solutions for sports betting from very excited merchants on the other end of the line. They were reacting to the U.S. Supreme Court’s overruling of the 1992 Professional and Amateur Sports Protection Act (PASPA) which made sports betting illegal…