Merchant Account Pricing: 3 Models to Reduce Credit Card Processing Fees
AI Overview Summary The amount a business pays in credit card fees is primarily determined by its Merchant Account Pricing Structure. The article details the three main models: Flat-Rate (simple, best for volume under $10K/month), Tiered (least transparent, often...
Stop Being The Bank: B2B Payments Must Ditch Checks for ACH and Credit Cards
AI Overview Summary This article addresses why businesses, particularly in the B2B sector, must Stop Being The Bank by moving away from costly, slow, and risky paper checks and manual wires. Despite digital advancements, roughly 33 percent of B2B transactions remain...
10 Stupid Ways to Lose a Payment Processing Sale (Street Smarts for ISOs & MLSs)
AI Overview Summary This article, written by Allen Kopelman of Nationwide Payment Systems, uses satire to highlight “10 stupid ways to lose a sale” in the competitive payment processing industry. Based on a challenge from four MLSs (Merchant Level...
Payments as a Service (PaaS): NPSONE Gateway, ACH, and ISV Integrations
AI Overview Summary This article defines Payments as a Service (PaaS) and asserts that Nationwide Payment Systems (NPS) has been implementing this model for over 20 years, long before the term became popular. PaaS, delivered through the NPSONE platform, is a single...
Credit Card Error Codes Explained: Decline Codes & What Merchants Should Do Now
AI Overview Summary This article provides a merchant’s essential guide to common credit card Error Codes, explaining that these confusing messages are actually vital instructions from the cardholder’s bank. Understanding the codes helps merchants avoid...
CEO - Nationwide Payment Systems
