Electronic Money Company

Credit Card Processing & How to Choose a Payment Processor

Does Your Merchant Services Raise Your Rates & Fees Every 6 Months?

Click here to watch the video Have you noticed that over time the Merchant Services Credit Card Processing Rates that you started with start creeping up or even jumping up and that’s because they are they really are. Hi, I’m Gingergaye, President of Electronic Money Company and I want to explain what’s going on. So there are thousands of different rates for different types of

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Scam Against Merchants from Other Credit Card Processors!

Scam Against Merchants from Other Credit Card Processors!

Telemarketing is prevalent in this industry. The telemarketer has a script that reads something like this: ‘This is your credit card processor calling and we have to make an update to your credit card terminal.’ Or they say: ‘This is your credit card processor calling to inform you that your terminal is out of date and it needs to be replaced.’ Or they identify themselves

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Payment Processing Sneaky Rate Increase Scam!

It is amazing to us at Electronic Money Company, how many merchant service providers think up new fees and sneak them in under the radar in small print on a merchant statement! Many merchants don’t even look at their merchant statements because they don’t take the time to read the details every month, or because they have bookkeepers whose job is not management of money,

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