Payments

Credit card interchange is one of the most difficult aspects of payment processing. But interchange fees usually make up 70-80% of credit card processing costs – this means that a small reduction in interchange fees (on a percentage basis) can make a huge difference for your business. In this article, we tell you what you […]

Time was, if you wanted to watch a movie at a time you chose, you had to get in the car, drive to a Blockbuster, and hope they had the film. They usually would, as long as it was a … um, blockbuster. Things got more challenging if you wanted to watch a documentary or […]

Here are some common signs it’s time to think about making a change. High or hidden fees. If you consistently see your rates spike, or you get confused about where your fees are coming from, it’s a sign you need to switch. Poor customer service. If you often find yourself caught in phone trees, waiting […]

Forged signatures. … Contract terms you never agreed to. … Equipment you never signed up for. If you run a business, it’s way too easy for an unscrupulous processor to rip you off.  Consider this story.  The owners of a Bellevue, Washington, pizzeria were told by their payment-processing rep there was no contract to prevent them from […]

Did you know that a downgraded card can increase your cost by nearly 40%? It can!  Let’s say a $100 purchase with a Visa Signature Preferred costs you $2.20 (2.20% of the sale). If that card downgrades, the transaction cost increases to $3.05! (3.05% of the sale). That’s a 38% increase. And, most of the […]

When someone hands you a card to swipe, a series of electronic communications whirs into action. If it seems a little confusing, you’re not alone. Gravity’s Phil Akhavan breaks down the processes behind accepting credit cards at your business.

We promise to never snake-charm you with one rate and then bamboozle you with another at the end of the month. We promise to always have your back by not hiding nasty little terms or conditions in microscopic print. We promise to always try to meet or beat your current credit card processing rates. We […]

In a Nutshell: Gravity Payments is not your average credit card payments processor. Since its Founder and CEO Dan Price started the company at the age of 19, Gravity has been about giving clients a seamless payment solution without the headaches and fees of other processors. Gravity works closely with clients and identifies needs to get them […]

As a small business owner, you probably get bombarded with phone calls, emails, or drop-ins from credit card processors all the time. They promise you the world and the lowest rates possible, but after you switch over, you might end up feeling let down. This is one of the reasons why we at Gravity Payments […]

Learn the security and safety measures you can implement in your business to become PCI compliant and protect your POS system from cyber attacks.

We get it. Credit card processing is complicated. That’s why we strive to make it as simple and seamless as possible. But, what does happen when you swipe a credit card at your favorite local business? Here’s a simple infographic breaking down the process for you.   The Sale You sell a jacket for $100 […]

Accepting responsibility versus blaming irresponsibility Responsibility is everywhere. The term became commonly used in the early 19th century and has skyrocketed in its usage and interpretations since. Mowing the lawn is your responsibility. The janitor has many responsibilities. The terrorist group has claimed responsibility. So what is all this responsibility about? As a credit card […]