With PayPal, Apple, Amazon and others all vying to make a buck off processing people’s money, the payments space is more competitive than ever. But Google Wallet inventor Osama Bedier insists his new ...
Accepting credit cards requires a payment processor like Square or Stripe, a merchant account, and hardware like POS terminals. Fees range from 1.5% to 4%.
Credit card processing scams come in all forms. They can be a phone call from an alleged merchant service provider saying your card terminal needs updating or an email offering rate reductions.