We are currently featuring a free training course “Introduction to Credit Card Processing” on our blog. This video is part three in the series. Three terms are primarily discussed in this industry. They include: “payments industry”, “credit card processing”, and “merchant services”. Watch this video as James explains each and what it includes. Credit card processing companies were created to provide merchant services to businesses. Merchant services is a service that allows business owners to accept check, credit card, and gift cards. This processing of credit card processing can be quite complex if you look into all the moving parts that are involved. Merchant services encompasses this whole process and allows it to move very smoothly. Be sure to stay tuned for part four in tomorrow’s post! The next post in the series discusses how commission and compensation work!
Download the all-in-one guide to merchant services!