Interested in a Mobile Payments Processing Solution? Now accepting Beta testers for our Windows , iPhone and Android Payments App!

We are currently in the final stages of launching our awesome payments app and before we do that we’d like the public to test it out. The app itself is sleek and simple making the process of accepting payments seamless. We will set you up with a test account that will give you access to process payments via an app you would download on your device. We encourage any feedback you may have to better

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Payment Strategies for High Growth Businesses – When are ‘flat fee’ plans a rip-off?

Stripe, Braintree, Intuit and others have massively popularized the idea of the flat fee payment processing account — no monthly fees and a per transaction cost that is simple and easy to understand.  In fact, MerchantPlus also recently introduced such a plan (called the “Starter Plan”) that offers a very common and competitive per transaction cost of 2.9% per sale.  These plans have become the most popular options for startups, developers and small online businesses

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Coming Soon – Our New and Improved Windows 8 Mobile Payments App!

Mobile processing has always been a convenient way for our customers to be able to take payments anytime and anyplace.  Before smartphones, merchants would need to lug around specialized and expensive wireless payment terminals – but that has been greatly simplified with today’s smartphones. With the mobile ecosystems moving as fast as they are – MerchantPlus unfortunately had to pull our beloved Windows Phone 7 payment app from the Windows Tore several months ago.    Honestly,

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The Importance of Interchange for Global eCommerce and SaaS Businesses

For most merchants, Interchange Fees represent the largest portion of their costs for accepting electronic payments from their customers.  With nearly all eCommerce and card-not-present or recurring transactions paid via a major credit card, the reimbursement fees that are paid to card issuers add up to be a big cost.  This can be exacerbated if merchants process international cards often, accept a lot of business-to-business payments or don’t submit all the necessary information along with

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Names and Nomenclatures in the Payment Ecosystem

Recently, MerchantPlus launched a consulting division called ROIPayments (www.roipayments.com) that focuses on developing payment strategies for growing, global businesses.  As part of our mission to improve the “Payments IQ” of the startups, enterprises and individuals working in, with or around electronic payments, we created a bootcamp series of webinars.  These webinars seek to provide context on the complicated payment ecosystem, as well as trends, breakthroughs and issues currently facing merchants. In our first webinar, available

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Crack Open This Geode – and Find Your Credit Cards are Stored Inside!

If you’re an iPhone user, you’ve no doubt explored a zillion cases and additions to your beloved device.  From custom-carved wooden backs to hot pink protectors, the iPhone is one of the more augmented and personalized devices around. While I love a good wooden iPhone backing, the case I read about today is potentially far more influential (and worth even more money!). iCache Geode is an elegant solution to the problem of mobile payments –

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Online Payments Go Offline

A few years back, it seemed inconceivable that the trust of cold hard cash, or the VISA/MasterCard/AMEX stamp of approval, could be replicated by an online equivalent. If you couldn’t touch it or feel it, it was hard to imagine our everyday methods of payment being usurped. Fast forward a few years (and a few hundred million smart phone user) to 2012, and the landscape is surprisingly different! Not only are people paying for their

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Paypal vs. Merchant Plus – Which One Is For Me?

Often we see businesses who have been using Paypal or new companies looking for their best payment options.  Many times we’re asked – why should I choose a MerchantPlus Merchant Account vs. Paypal? The Upside of PayPal Paypal is a good start-up solution – they can get you up and running quickly and have a proven brand name that your customers will trust.  They don’t have any monthly fees, so if you go days, weeks,

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Security Tips for Your WordPress Website

When it comes to building trust with your customers online, nothing is more comforting than those cool green letters in the top left of your browser bar: While security is a critical component of accepting credit cards online, it’s not always easy to perform at a high level – especially if you are active on your website adding new features, pages, and tools to attract and enrich your audience. A Few Tricks for WordPress Users

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The Difference in Merchant Account Rates — Why Not all Credit Card Processing Accounts Are the Same

As a merchant, you have to constantly monitor the money that comes out of your pocket. Finding any way possible to save money is beneficial for any business. When it comes to payment processing, you’ll often pay any combination of setup fees, application fees, monthly fees, monthly minimums, PCI compliance fees, transaction fees and annual fees. Merchant credit card processors will offer you a discount rate (i.e. the percentage taken out of each sale that

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