Archive for September 2018
Mistakes to Avoid When Accepting Credit Cards
Making the decision to accept credit card payments is a beneficial business step. It can significantly increase your sales volumes, and makes life easier for you and your customers. It can also increase your efficiency and help you with running loyalty programs, seasonal sales, and promotional deals. Here are some beginner’s credit card processing errors…
Read MoreProcessing Fees
Before your customers can pay you using their credit cards, you need a merchant account at a payment processing company. Some payment processors – also called merchant processors – can facilitate credit card transactions in-store and online. They may also have facilities for processing paper checks, eChecks, cash payments, and ACH payments. The fees charged…
Read MoreFive Reasons to Get a Credit Card
There are two kinds of people. There are those who love credit cards because it’s a ‘limitless’ spending option. Then there are those who have heard horror stories about credit card debt, so they avoid cards completely. In reality, credit cards are useful, as long as you keep your spending under control and pay them…
Read MoreTake Your Credit Card Reader Everywhere You Go
Some people say you shouldn’t mix business and pleasure, but that’s often the most effective way to work. For example, there’s no reason why you shouldn’t carry your business cards on your family vacation. You never know when you’ll get the chance to do some schmoozing. On the other hand, if you’re travelling specifically for…
Read MoreAccepting Credit Cards Both In-store and Online
If you’d like to maximize your business returns, it’s a good idea to supplement your physical store with an online one. With time, it might feel like it’s the other way around, and your online store is your main business, because so many consumers are making the switch to online shopping. The payment process The…
Read MoreWho Needs a Mobile Credit Card Reader?
A mobile credit card reader is an advantage for businesses on the move. Is it worth having this mobility in a single location like a brick and mortar store? The answer depends on how the business wants to accept card payments, the size of their premises in which they want to do this, and other…
Read MoreChoosing the Best Way to Accept Credit Cards
How you do business with your customers will affect the best way to accept their card payments. There are two main differences in how you accept card payments: card-present environments and card-not-present environments. Exactly as the names suggest, payments can be made with and without a card being physically present and swiped or inserted into…
Read MoreThe Difference between Merchant Service Providers and Payment Facilitators
Do you want to accept card payments in store and online? To do this, you need a payment processing company. There are three different types of payment processor; ISO/MSPs, direct processors and payment facilitators. Both direct processors and ISO/MSPs provide merchant accounts, while payment facilitators do not. A comparison of ISO/MSPs and payment facilitators may…
Read MoreWhat Does a Merchant Account Provider Provide?
Merchant Account Providers offer merchant accounts that are ideal for small to medium businesses. Every Merchant Account Provider has different perks and benefit structures. Whether for brick and mortar, mobile or online stores, or any combination of them, a merchant account can open a business up to new possibilities and opportunities for growth. Accept card…
Read MoreSSL and PCI Compliance Explained
Online security measures are essential for businesses that accept card payments either online or in store. SSL certificates and the PCI standards are two of the main security options when dealing with card payments. What is SSL? SSL stands for Secure Socket Layer, a standard security technology that establishes an encrypted link between a server…
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