Tags: Knowledge Base

Can I access reduced interchange rates if I don’t charge tax?

Visa and Mastercard have very particular rules about what is required in order to receive level 2/3 rates. The one requirement that typically causes the most frustration for merchants is a Tax Value. Per Visa/Mastercard’s rules, you are required to submit a tax value with your sale if you want to qualify [...]

Visa B2B Industries

What Industries are considered "B2B" by Visa?Visa is a bit different than Mastercard when it comes to applying special B2B rates. Although Mastercard doesn’t have special rates for the below merchants, Visa will offer rate reductions to the below merchant types, depending on what data you enter in. You’ll want [...]

How do I complete PCI Compliance in MX?

ActivationPCI Compliance can be updated through MX Merchant by installing the Viking Cloud / PCI Protection app. To install the PCI Protection App, first login to MX Merchant, then click Apps on the left menu, click the green Activate button found on the PCI Protection tile. Confirm ActivationOnce you click on [...]

Electronic Invoicing

Electronic invoicing is sending orders to be paid via the internet, making it the most convenient way to process billing and accept payment for goods and services. It is a secure way to present and manage transactions between a business and client. Making it Quick and EasyIf you have repeat [...]

What B2B Industries Does Dharma Serve?

Dharma Merchant Services proudly serves a wide variety of industries with B2B payment solutions. From the healthcare industry to industrial equipment vendors, and everywhere in-between, we have set out to benefit our community of customers with honest practices, fair pricing, and by cultivating a culture of commerce with compassion. If [...]

How to Set up Recurring Billing

Recurring billing is a series of automatic payments for goods or services set up on a specified schedule. These can include subscriptions, memberships, security services, or any repeatedly and regular purchase that a customer has signed up for. A customer simply gives permission for a business to charge their card [...]

What is credit card tokenization?

Credit card tokenization is the process of completely removing sensitive data from a company’s internal network by replacing it with a randomly generated, unique placeholder called a token. For instance, if a card number was 1234 5678 8765 4321, it would end up looking something like E67TY8GQ27X. This token is [...]

What is credit card encryption?

Credit card encryption is a set of security measures put into place that drastically reduces the chances of private and valuable card information being subject to theft, which include the card itself, the terminal where the card is scanned, and the transmission of information between that terminal and its system’s [...]