Blog Archives for January of 2023

This is the Beacon Payments blog. Learn about the credit card processing and the merchant services industry. Hear about the successes of our outside sales people whose job it is to sell merchant services and sell credit card processing programs.

What is selling merchant services?

Published 01/24/2023

Merchant services are a type of financial service that allows businesses to accept payments from customers through various methods, such as credit and debit cards, electronic checks, and mobile payments. These services are provided by merchant service providers (MSPs), such as banks and independent sales organizations (ISOs), and are essential for businesses that operate in today's digital economy.

What is Credit Card surcharging?

Published 01/26/2023

Credit card surcharging is a practice where merchants charge customers an additional fee for using a credit card as a form of payment. This fee is intended to compensate merchants for the cost of accepting credit card payments, which can be quite high.

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