Monthly Archives: September 2016

What Almost No One Knows About Services

Know More About High Risk Merchant Accounts

Basically, a high risk merchant account is merchant account or a payment processing agreement that is tailored to fit businesses which is deemed to be high risk or is operating in an industry that’s been deemed as such. As a matter of fact, these merchants are paying higher fees for the merchant services, which could add to their cost of business that then affects ROI and profitability. This is more common for those companies that were reclassified as being high risk industry and were not prepared to deal with operating cost as being high risk merchant.

There are a number of firms that specialize working with high risk merchants by providing competitive rates, lower reserve rates and/or faster payouts to which are specifically designed to attract more companies that have a difficult time to do business.

Various businesses in different industries are being labeled as high risk all because of the method in which they are operating, nature of their industry and several other factors. To give you quick example, some adult businesses are considered to be in high risk operation like auto rentals, travel agencies, legal offline and online gambling, collection agencies, bail bonds and other businesses operating offline and online. Since working with and processing payments for these firms are carrying higher risks for financial institutions and banks, they are all obliged to register for high risk merchant account that has different fee schedule in comparison to other merchant accounts.

Actually, merchant account is a bank account but this works more of a line of credit to which it let the individual or company to receive payments from debit and credit cards that are used by consumers. The bank that is providing the merchant account is referred as acquiring the bank and the bank that’s issued the credit of consumer is called as the issuing bank.

The gateway that is handling the transferring the transaction info from consumer to merchant is another integral component of the processing cycle.

Acquiring bank can also offer payment processing contract or perhaps, the merchant might have to open high risk merchant account in which high risk payment processor collects the funds and then routes them to account at acquiring bank. And in case for high risk merchant account, there are often the additional worries about the integrity of funds and also, the possibility that the bank may be financially responsible in case that there are problems that may arise.

In regards to this matter, high risk merchant accounts normally have extra layer of financial safeguards that are put in place. Through this, unexpected events are averted.

Real PDL Help Introduces Their Debt Management Services


(Olathe, KS)—Real PDL Help, a Kansas-based financial services company, has announced the introduction of their debt management services. The company has committed themselves to specifically helping clients who have found themselves stuck in the payday loan cycle without any knowledge of how to get out of their debt. Real PDL Help works one on one with clients to create a personalized debt relief plan that works for their individual income level and life situation.

Theodore Webb, a representative of Real PDL Help, stated “Over the last decade, the payday loan industry has grown at an alarming rate, as payday loan stores nationwide have started to outnumber popular fast food and coffee store chains. Unfortunately, this has only made it easier for consumers to get stuck in what we call the ‘payday loan debt trap’, paying as much as 400 percent interest on a loan that was meant to help them get by for a short time. In addition, many are getting scammed by fraudulent companies posing as online payday lenders. Not only are we helping people learn to identify a Payday loan scam, protect yourself from scams, and become aware of illegal lending practices, but we’re also giving them practical tools to get out of the debt they’re already in.”

Real PDL help offers consumers help with payday loans debt by guiding them through the loan consolidation process. By consolidating their payday loans, debtors have the potential to finally cut ties with payday loan companies, eliminate outrageous interest rates, reclaim control of their loan contracts, and make payments that are better aligned with their budget. Real PDL Help’s goal is to assist their clients in getting out of debt and to educate them on how to avoid these problems in the future.

As Webb goes on to say, “We want consumers who are currently in over their heads to know that assistance is available. Whether we simply give payday loan help, consolidate payday loans, or show consumers how to avoid getting caught up in illegal financial scams, we are proud to play a role in helping them get out of debt and get their lives back on track.”

About Real PDL Help:

Real PDL Help works one-on-one with people who are struggling with mounting payday loan debt, unmanageable monthly payments, and aggressive lenders. They guide debtors through the process of consolidating their loans, getting payday lenders out of their bank account, and creating a personalized plan that works with their specific income level. Their team takes pride in not just taking control of the process, but in educating clients about what’s happening, as well as what works best for them and why.


What Has Changed Recently With Services?

Learn More About Finances and Working Capital

Each and every individuals all over the world are having a difficult and hard time in managing the money that they have, up to this day and age, that is why investments are produced to help give them options to where they can put or place their money on hand such as their extra money that comes from their wages, income and salaries in better use, and there are two types of investments, namely the traditional investment, any well-known investments like cash, bond, equity shares and real estate, and the alternative investment, like hedge funds, equity shares, commodities, venture capital, film production and many more. Investment is basically defined as a return or in other terms an investment income or capital gain, like rental income, dividends and interest, which could be benefited by the people who tried investing their money on useful investments, and finance is that field of study which deals with useful and beneficial investments for future use.

Finance is also considered as the study of science that deals with the management of money, and it basically composed of two things, namely the liabilities, which is the obligations, such as the constructive obligation and equitable obligation, of an individual or businesses to pay other entities or people in a legal manner and the assets, which is basically an economic resource that belongs and controlled by the person or entities to produce an increase in their economic value. There are basically three types of finances, corporate finance, in which the finances are used for the corporation’s capital structures and sources of funds, to increase the value of their business to stockholders or shareholders which could be decided upon by the managers or supervisors and the use of tools and analysis to assign any financial resources, the personal finance, in which the finances are used for buying and financing any durable goods such as investments, insurances, retirement saving, real estates, cars and educational plans, and the last one is the public finance, in which the finances are included for the sovereign state, sub-national entities, related public agencies and any other kinds of agencies. WC or working capital is specifically a measurement in the finances or accounting liquidity or operating liquidity, the measurement of the ability or capability of the debtor to pay their designated debts to other entities on time, that are available for the organization, business companies, and government entity and it is computed by subtracting the business’ current assets to current liabilities, and if their current asset is lesser than their liabilities then that would mean that the business is experiencing working capital deficit or also known as working capital deficiency. A business entity can manage their working capital by managing first their receivable and payable accounts, their inventories and their profit and incomes, and the working capital can be classified as a positive one if the business and any other entities can ensure that they have the ability to pay their debts and their future operational expenses and to continue their operation and transaction to their clients or consumers with sufficient and adequate funds.

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What I Can Teach You About Merchants

Choosing Mobile Credit Card Processing Products

If you own a retail business or any other type of business where you sell products or services, the topic of payment gateways must have come up several times in talks between you and your business partners. A business that aims for higher sales and greater success need to remember that what can help promote this is the convenience that they give to customers when they make purchases from their stores. Making it easy and convenient for your customers to pay you for your products or services is one of the most important things if you want your business to succeed. These payments are what keeps your business surviving. One of the most popular ways to pay today is via credit or debit card and mobile banking. This is the reason you should consider setting up mobile credit card processing for your business to make paying convenient for your customers and to increase your overall sales. It is not only convenient for customers to pay, it is also convenient for the business owner to receive the payment. Look up these following features if you plan to set up a mobile processing device for your business.

You should be able to accept credit card, debit card, and even check payment from your smart phone or tablet. Many mobile credit card processing products allow you to do this. Wherever your business takes you, it will be very easy to accept payments. There are even some mobile credit card processing products that will allow you to manage user accounts and reporting and send receipts via email to your customers, all from the convenience of your smart phone or tablet. You should get your mobile credit card processing product from someone who has a good reputation. Getting your product from a reputable business is something that needs to be remembered at all times when you are trying to secure mobile credit card processing for your business. There is always danger in transacting business with an unknown seller because for all you know, all your payments might not be entering your bank account but another’s. Since these are electronic transfers it is easy to reroute payments. Sometimes the unknown seller is not even the one who reroutes your payments. Hackers will always be there especially if the unknown seller does not really have a secure system, and so hackers can easily steal your money and put it in their own bank accounts. The seller of the mobile credit card processing product should comply with PCi standards and other security.

IF you have a secure payment system, you business, your customers and you well. Seeking advice from your bank or lawyer if you want to add mobile credit card processing to your business is also a wise move.

A Beginners Guide To Merchants

Finance: Why Your Business Needs a Credit Card Reader

In this highly-technological age, business owners are getting more and more inclined to the use of machines that process various transactions related to credit cards. Such equipment are seen mostly in the food and retailing industry. This is mainly because the processing of payments from credit or debit card owners are much faster.

A card reader is one of the greatest investments you should have for your business. Most readers will support numerous services through the Internet including reporting of cash management, e-commerce, and e-mails. These business equipment allow for a more convenient and accurate transaction not just for your customers but also for you.

Your credit card reader will need these three important things: a display, a small keypad, and reliable power supply. Once a card is swiped unto your reader, the customer’s information will be verified, money will be withdrawn from the client’s account, and that amount will be moved to your business account. Remember, though, that card reader retailers don’t always offer the same price so you should look for one that suits your budget well and will also perform well for your business.

Some good brands will also allow you to communicate using telephone lines.

In an age where credit cards are undeniably very helpful in keeping businesses running, a card reader plays a very crucial role in making sure that sales transactions between the buyer and the seller will be accurately and quickly recorded and completed. Your business will surely need a dependable card reader that will verify if a certain customer’s account has enough money to pay for the item or product on sale.

Before getting a credit card reader, consider the following aspects to determine if the machine you will purchase will be beneficial for the particular needs of your business:

A wireless card reader is highly suggested for seasonal businesses which don’t settle on one location for a long time.

If you want something very lightweight and can fit in your pocket or one that you can bring anywhere, a mobile credit card reader is the best choice. You will find it especially advantageous if you’re a businessman who goes on regular trips or travels around a lot. It is also a very useful tool when you’re required to screen a certain account for a tricky transaction or if you need to assess a credit card’s loan policy and terms.

There are also credit card readers which are very much suitable for businesses that accept and issue certain gift cards. For some machines, you may be required to purchase other add-ons or equipment so debit card transactions can go through for clients who aren’t fond of using credit cards for payments. Since there are various types of card readers available for you to choose from, you should be careful in picking one that your business will really need so you can save on unnecessary purchases.

A credit card reader is definitely a business necessity so you can always keep track of your billing system and you can avoid invalid transactions that may cost you some bucks.

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