credit card processingWhile credit card processing language can read more like an aged textbook, there are some terms that business owners can’t afford to ignore. To help you select the best credit card processor for your business, we’ll be discussing two commonly misunderstood terms that are impactful for point-of-sale transactions.

First up there is:

Payment gateway

Facts: A gateway is any network that connects merchant POS terminals with transaction processing and settlement networks, such as MasterCard and Visa. Gateways are the avenue by which e-commerce credit card payments for e-businesses, online retailers, or traditional brick and motor merchants are authorized.

Gateways, sometimes referred to as, Internet Gateway, also provide related services, like transaction management and reporting, so customers can set up shopping carts and complete transactions without a card being present.

High-risk gateway

Don’t be alarmed by this second term’s moniker. High-risk gateways are an extension of payment gateways to protect transactions that carry a higher potential for fraud, chargebacks and non-payment. Credit card processing companies consider that there is a higher potential for added fraud and chargebacks when working with industries like the adult industry, bail bonds, vaping shops and others.

For 20 years Humboldt Merchant Services has provided best-in-class credit card processing, by serving each merchant based on its needs. While we do not employ generic solutions for our hard-to-place merchants, the same level of stellar service is always provided.

In fact, every Humboldt merchant receives:

  • Multi-currency conversion
  • Seamless integration with the majority of payment gateways
  • Daily chargeback and fraud reporting
  • Recurring billing
  • Real-time online transactional reporting
  • Processing for U.S. and Canadian Businesses
  • In-house risk, underwriting and chargeback management

As an industry leader we strive to support our merchants with dedicated representatives, trained to help you accept credit cards with ease. Humboldt also offers fast and easy online processing solutions.

For more information about what Humboldt can offer merchants who might have been turned away or dropped by another ISO, visit our website or call 877-387-5642.

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