PayDiverse Blog

The lingo used in the payment processing world can be a mystery to those who aren't familiar with it. There's an array of terms, as well as fees, that you might find on your statement and it's important that as a merchant, you understand what each one means. Below,...

There's much to be done when it comes to business management and ownership. Between managing inventory, balancing books and overseeing payments, the financial side of business management can be overwhelming for many, let alone customer service. Luckily, there are...

Payment technology is evolving rapidly. It seems like just yesterday when we stopped swiping credit cards and debit cards to incorporate tap and chip technology. And now, continued advances in machine learning and artificial intelligence have led to another new way to...

As a merchant, it can be tempting to implement a credit card surcharge for customers who pay with a Visa, Mastercard or American Express. These charges help you recoup the fees you pay for processing such transactions and ultimately, doesn't that protect your bottom...

Credit card scams have been around almost as long as credit cards themselves. Each year, as technology advances, the methods that criminals use to scam consumers and businesses become more sophisticated. According to the results of a 2020 study published by Javelin,...

If you're a merchant that's selling CBD or hemp products, it's important to understand everything there is to know about the legalities of selling these products. You also need to know how to obtain reliable, safe CBD and hemp payment processing.  What Are Hemp and...

Colorado recently passed a law to change the state's rules regarding surcharging. Previously, surcharges were banned in Colorado, just as in most other states. However, when the imposed changes to Colorado Revised Statute 5-2-212 come into effect in July 2022,...

With some states legalizing the recreational use of marijuana and cannabis in recent years, as well as talks of federal legalization in the near future, the cannabis industry is projected to grow immensely in the coming years. As the industry experiences rapid growth...

As a merchant, you can use authorization holds to ensure that customers follow through with payment for goods and services. This type of hold temporarily freezes the transaction amount on your customer's credit card, ensuring that the funds aren't able to be spent...