Do you have a TMF?

Do you have a previous TMF?

This is a question you will see on any application to open a new merchant account, yet many people do not know what it means. Merchant accounts are so complex that some areas are never explained to you unless it applies to you. If you are a brand new company opening your first merchant account...

Read More
Earth Day, Get Involved!

Earth Day, A wake up call to get involved!

On Earth Day we take time to remember the importance of preserving our planet’s resources for future generations. We all want to help but what can we really do to make an impact? One often overlooked but very important way is to support businesses and organizations who champion this cause. As consumers and business owners...

Read More

Can you get a Merchant Account with Bad Credit, Bankruptcy, or TMF?

A merchant account is a privilege, not a right. While some business owners think they deserve a merchant account just because they opened a company, others may be worried that there is no way to get approved with their financial background. Bad credit, bankruptcy, and open TMF (terminated merchant file) will all affect your eligibility...

Read More

Merchant Account 101: Conventional Vs. High Risk

When applying for a merchant account it is important to be prepared. How do you know if your business is conventional or high risk? The answer is determined by how much of a risk you are to the processing bank. The higher the risk you are, the higher your rate is going to be...

Read More

Merchant Account 101: What it takes

To get through the merchant account application process smoothly it helps to know what is expected of you. The process will be mostly the same with whichever company you choose to go through. Here is a step-by-step of what to expect. Find an agent or an office to work with, most any bank can give...

Read More

Merchant Account 101: Who, What, Why, How

This is the first post in our new series of articles called “MERCHANT ACCOUNT 101”. This series of articles will feature comprehensive information to help new business owners understand the complexities of Merchant Processing as well as how to avoid common pitfalls. We hope you enjoy these articles and find them helpful as you embark...

Read More

Charitable Donations

In 2012, Michigan Governor, Rick Snyder removed incentives for donors to contribute to some of their local charities. Food banks and homeless shelters were the main non profits that were affected. Michigan residents no longer receive a tax break for donating to these organizations which means many people now cannot afford to donate, or choose...

Read More

TMS Moving Office

On May 28th, Total Merchant Services (TMS) will be consolidating it’s Basalt, Colorado office and moving to their Woodland Hills, California location. The CEO of Total Merchant Services, Joe Kaplan, was quoted as saying “Although this is a difficult decision that impacts a number of our employees, we feel it’s the right one for Total...

Read More

Need New Equipment?

The days of purchasing, leasing, or renting processing terminals are over. Merchant Match’s free terminal placement programs have the right terminal for you — absolutely free! Give your business the best credit card terminal available today. With Total Merchant Services, you get a state-of-the-art, multi-application credit card processing...

Read More

Need E-Commerce?

When applying to accept credit cards for your business you may be faced with industry jargon and concepts you may be unfamiliar with. Not to worry! In this article we will explain a little about the different types of merchant accounts available. E-Commerce or Electronic Commerce is where the buying and selling of products or services...

Read More

Tired of high rates?

Now more than ever it is critical for businesses of any size to find ways of reducing costs. One often overlooked way of cutting costs is to take steps to reduce your credit card processing fees. Below you will find a collection of tips that can help you take the first step. The first mistake that you can make when shopping for a...

Read More