Decoding Hidden Credit Card Processing Fees
Ecommerce has opened up a whole new market sector in a relatively short amount of time. In 2017, the US ecommerce market grew by 16 percent, reaching $453 billion. Merchants who are getting in on this rapid growth are seeing big benefits, but successfully running an online business requires some smart decision making about basic business practices.
Ecommerce has grown precipitously over the last couple of years, with entrepreneurs establishing different business models targeting varying markets. Regardless of your industry or business type and the corresponding business model, you will need a domestic merchant account to accept payment card payments online.