High risk merchant accounts have similar pricing component as non-risk high risk accounts.  The main difference in pricing elements is reserves, which are required for high risk accounts but are generally not for a non-high risk accounts.Here are 6 elements which comprise rates for high risk..

The Federal Reserve released results from a major study of US payments.   As one would expect, the study confirms that electronic payments are increasing,  Paper checks are decreasing as more checks are being converted to electronic transactions.Over 75% of non-cash payments were performed..

Black Friday and Cyber Monday were a successful beginning to this year’s online holiday shopping season.  On line transactions for Cyber Monday were up 60% over last year, totaling 4.89 million compared to 3.06 million last year.Internet transactions and sales jumped higher on the Tuesday after..

The recently released Payment Card Industry data-security standard (PCI) Version 2.0 does not contain any major changes.  But, there were some small revisions for payment processing security.Clarifications and additional guidance included in the updates include:New language involving the scope of..