Do you know which merchant platform is right for you?

Aug 31, 2022

Why is the platform important for my business? If you are a retail business and see most of your customers in person, you need a RETAIL Platform; your transactions will be run cheaper. If you are an eCommerce merchant, you need to be on a secure/encrypted/SSL gateway platform to ensure the safety of your business and your customers’ data! 

If a merchant services company places you on the wrong platform, you could be shut down for being on the wrong platform. You definitely would pay higher rates and fees if you are an eCommerce merchant and they put you on a Retail Platform. Or if you are mobile and the processor did not give you the ability to take Mobile App payments! 

A meeting with Merchant Processing Solutions helps you and us determine which of the platforms available are right for your business based on: 

We ONLY want to set your business up to accept payments the way YOU need to! Call us today to discuss your needs! 

Merchant Processing Solutions Inc.954-938-2420

By Merchant Processing Solutions 21 Feb, 2024
By Merchant Processing Solutions 11 Feb, 2024
Merchant processing industry continues to undergo significant transformations in today’s rapidly evolving digital landscape. In 2024, both businesses and consumers will experience new trends that promise to make payments more secure, efficient, and convenient. Understanding these new trends will help you increase revenue while maintaining secure, effectient and convenient forms of payment connections for your customers!

By Merchant Processing Solutions 23 Jan, 2024
Visa / MasterCard Interchange Fee Settlement Recovery.The lawsuit is about claims that merchants paid excessive fees to accept Visa and Mastercard cards because Visa and Mastercard, individually, and together with their respective member banks, violated the antitrust laws.The settlement creates the following Rule 23(b)(3) Settlement Class: All persons, businesses, and other entities that have accepted any Visa-Branded Cards and/or Mastercard-Branded Cards in the United States at any time from January 1, 2004 to January 25, 2019, except that the Rule 23(b)(3) Settlement Class shall not include (a) the Dismissed Plaintiffs, (b) the United States government, (c) the named Defendants in this Action or their directors, officers, or members of their families, or (d) financial institutions that have issued Visa-Branded Cards or Mastercard-Branded Cards or acquired Visa-Branded Card transactions or Mastercard- Branded Card transactions at any time from January 1, 2004 to January 25, 2019. The Dismissed Plaintiffs are plaintiffs that previously settled and dismissed their own lawsuit against a Defendant, and entities related to those plaintiffs. If you are uncertain about whether you may be a Dismissed Plaintiff, you should call 1-800-625-6440 or view the list of Dismissed Plaintiffs for more information.The Notice has important information for merchants that accepted Visa and Mastercard from January 1, 2004 through January 25, 2019. It explains the settlement in a class action lawsuit. It also explains your rights and options in this case. The court also issued a “Notice of Exclusion” to the Dismissed Plaintiffs and an additional notice to those merchants explaining their right to file claims.Click Here to Submit a ClaimNeed for information? Please give us a call! 954-938-2420Merchant Processing Solutions Inc.Please Call Merchant Processing Solutions Inc. @ 954-938-2420
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