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Posted by admin on Dec 05, 2010

 

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..

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Posted by admin on Dec 01, 2010

 

What is a High Risk Merchant?Well-managed businesses often wonder why their company is placed in a high risk processing classification.Keep in mind that a high risk processing classification is simply a label.  Classification as a high risk merchant has little to do with the specifics of a..

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Posted by admin on Nov 13, 2010

 

How Hedge Bets Relate to High Risk ProcessingDuring a trip to Las Vegas last week, we talked about various betting strategies, including hedge bets. For those of you who have never gambled, hedging is betting both (or all) sides, on the outcome of an event.Some of us thought hedging at the gambling..

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Posted by admin on Nov 07, 2010

 

Travel Agency Merchant Accounts

Travel Classified as High Risk MerchantsTravel and hospitality are among the world’s largest industries.  Over 50% of all travel reservations are now made online and that number is increasing daily.  The World Travel and Tourism Council (WTTC), predicts travel revenues will exceed $15 trillion..

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