Wholesale clubs like BJ’s, Costco and Sam’s provide fantastic value when you want to buy in bulk, but how competitive are they when you are looking to buy merchant services for your business?  Read the full article at http://www.optimizedpmts.com/clubs_analysis.pdf

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A basis point is a financial unit of measurement.  One basis point is equal to 1/100th of 1%, and is used to denote a change in a financial instrument.  One basis point could be written as 1 basis point, or 0.01%, or .0001.  Therefore, 100 basis points equals 1.0%.  The basis point is commonly used for calculating changes in interest rates, equity indexes and the yield of a fixed-income security.  So what does a basis point have to do with merchant processing?   Continue Reading»

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