Tags: Knowledge Base

Accepting Sales via 4G / LTE connection

Many rural merchants, farmers’ markets, or other “mobile” merchants need a reliable, easy way to take payments without a dedicated internet/WiFi connection. That’s where using the cellular networks comes in. Many wireless terminals are stuck on the older, slower 3G networks – and as such, if you use one of those terminals you may experience connection issues, or simply not be able to process wirelessly. Obviously, that’s not workable.

MX Invoicing – Send Invoices

With the MX Merchant Invoice App you can send invoices directly to your customers with a link to pay. Or, you can set recurring payments for your clients to “set it and forget it”. Learn how in this handy video.

MX Customer Database – Store Credit Card Data

With MX Merchant, it’s easy to store your customer’s payment details for later use. Once your customers are in the system, you’ll have historical records of their purchases and an easily searchable database of your payment history. Watch the video to see how to use the Customer Database.

MX MarketPlace Apps

MX Marketplace allows you to download additional apps to your account, such as B2B processing, Invoicing, Merchant Insights and more.

Mastercard Consumer Interchange Rates

Mastercard allows issuance of two distinct card types – Consumer and Business. Depending on your customer demographics, most card-present or “retail” merchants will receive predominantly Consumer cards. Read on to see how different cards qualify for different interchange rates.

Visa Consumer Interchange Rates

Visa allows issuance of two distinct card types – Consumer and Business. Depending on your customer demographics, most card-present or “retail” merchants will receive predominantly Consumer cards. Read on to see how different cards qualify for different interchange rates.

How do I get the lowest B2B interchange rates?

Level 3

Visa/Mastercard set the underlying interchange rates for all credit card transactions. Those rates vary widely, based on a variety of factors beyond the type of card being presented. The type of card is important! But, many other things impact the underlying rate, such as the size of the sale, the time difference between the authorization/capture, data captured with the sale, and more. We’ll show you how to get the lowest rates!