Author Archives: The L3 Payments Team

We do! We also offer high-quality solutions to facilitate all your payment processing needs. But what do telemedicine and online pharmacy merchants need to know about processing payments?

Are you a merchant looking to open up additional revenue streams to grow your business and make more money? There’s no need to start another business. Instead, you could try affiliate marketing. 

We do! We also offer high-quality solutions to facilitate all your payment processing needs. But what do travel companies need to know about processing payments?

It’s Time to Discuss Alternate Payment Methods for High-Risk Merchants. Credit cards are a great way for high-risk merchants like you to accept payments. Among other things, they help legitimize your business, increase sales, and allow you to keep up with competitors. 

To be a responsible business owner, it’s essential that you backup various processes to protect your business’s operations. Backing up your merchant account is especially important if you’re a high-risk merchant and your business relies on credit and debit card payments.

In 2020, as many as 54% of businesses stated that cloud-based BI was essential to their present and future goals. That number is likely to grow, considering business analytics (an umbrella term that includes business intelligence) can help make business decision-making up to 5x faster.

The New Economy came about due to a shift in the American economic paradigm that moved from predominantly manufacturing-based industries to service-based industries. 

In this article, we’ll take a deep dive into credit card authorization rates. We’ll explore the fundamentals of credit card authorization, what credit card authorization rates are, and how different merchant types (MCC codes) can impact these rates.

Let’s start with the basics.

Since 2005 L3 Payments has been a leader in merchant account acquisition for high-risk and hard-to-place merchants.