Did you own an online smoke shop, selling pipes and other marijuana accessories? If your payment processing shut down recently, you’re not alone. Payment processing for the entire industry has been under attack. Welcome to the realities of “Operation Chokepoint”. We have seen perfectly legitimate businesses with low chargebacks, great volume get denied payment processing. Why? ...
You’ve heard of checks, right? They’re the paper things that old fogeys use at the supermarket to clog up the line with, right? Well, it turns out there’s a whole aspect of checks that may not be that well-known to you as an ecommerce merchant. Echecks, electronic checks, are actually an easy way to accept payments...
Did you know that over 99% of all ecommerce transactions are performed with a credit card? This means that if you’re just accepting a digital currency like bitcoin or using an echeck processor, you’re potentially missing out on 99% of your customers – moms and dads who just aren’t familiar with more non-traditional ways of...
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