Archive for May 2020
How to continue accepting payments during COVID
Commerce cannot stay the same in the face of the coronavirus pandemic. Ecommerce credit card processing is now the lifeline businesses need in order to continue conducting transactions with customers during the lockdown. Businesses without stable relationships with merchant accounts online or all the options on their website that make such transactions available and easy…
Read MoreTop 3 Mistakes Merchants Make with Third Party Credit Card Merchant Accounts
In order to adapt your business to digital transactions during the coronavirus pandemic, you need to find the right third party credit card processing company. By offering efficient, free payment processing on your business’s website, you could set yourself apart in an increasingly competitive ecommerce landscape. By the same token, these mistakes could make you…
Read MoreHow to Transition from Face-to-Face to Online Transactions
The COVID-19 pandemic has changed the way we eat, work, socialize, and go to school. Naturally, it has affected how we conduct transactions as well. It is exacerbating a trend we’ve already been seeing in recent years to transition from in-person payments to online merchant account payments as a method of paying everything from our…
Read MoreA Guide to COVID-19 and Online Shopping Behavior
With the restrictions to our interactions that have come about as a result of the coronavirus pandemic, many people have had to turn to online shopping for all their products and services. This can include everything from clothes to groceries to various services. As our world becomes more interconnected, the demand for high-volume merchant accounts…
Read MoreDifferences Between Credit and Debit Card Processing
Some people use the terms “credit card” and “debit card” interchangeably. After all, they are both plastic cards that act like money; so how different can they be? In reality, credit and debit cards are quite different indeed, and they are processed differently. Differences Between Credit & Debit Credit and debit cards have some similarities.…
Read MoreWhich Businesses Get the Most from Accepting Credit Cards?
Credit card merchant accounts can help a wide variety of businesses. The ability to take credit card payments opens up a whole new class of customers and is a great way to increase revenue and sales. No matter what industry you are in, your business can benefit from adopting credit card payment processing. Let’s talk…
Read More5 Reasons to Use a Credit Card Processing Company
No matter what kind of business you run, you need some way to take payments. Cash has its benefits, but not everyone always has cash lying around. Instead, most people make purchases using their credit or debit cards. So if you don’t have a solution for taking credit card payments, you might be out of…
Read MoreCommon Credit Card Processing Problems
Practically every business in the modern economy can benefit from accepting credit card payments. Credit cards are among the most popular consumer payment methods and adopting credit processing technologies can greatly boost sales and revenue. That being said, many small businesses face challenges to adopting credit card processing. Here are some of the more common…
Read MoreHow Has COVID-19 Affected Face-to-Face Sales?
COVID-19 has caused a major disruption of commerce. With fewer people going out, fewer people are buying things which is a very large net negative for the economy. To deal with reduced physical customer flow, many businesses have transitioned to online payments as a way to stay afloat. Digital sales are one area of the…
Read MoreA Brief History of Credit Card Processing
Humans have been using credit for financial transactions in some form or another since the beginning of recorded history. Even the ancient Romans used some forms of credit to finance the large number of transactions that occurred daily in the Empire. The first “real” credit card popped up in 1946, developed by Jon Biggins. Biggins’s…
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