Understanding the Payment Industry is a tough task. Merchants are faced with confusing statements, hundreds of various payment processing fees, and numerous processing options offered by Merchant Service Providers, Payment Gateways, and other payment processing entities. The PAYMENTINSIDER provides articles, posts, and whitepapers on the Payment Industry, including this article, Merchant Service Review Sites – Be Careful, with the goal of creating transparency in this marketplace.
Searching for a new merchant services provider? Want feedback or need some advice on which provider to choose? A logical place to search for these answers would be a site or resource that provides a breakdown of services and offers reviews for the multitude of companies that offer merchant services. However, merchants should be very careful when using these sites that offer reviews on the top merchant service providers or payment processors. Oftentimes, these sites use … Read More