Archive for July 2020
A Brief Guide to Ecommerce Merchant Accounts
Ecommerce merchant accounts are essential investments for business large and small, especially during the coronavirus pandemic. Ecommerce merchant accounts allow a business to accept debit and credit cards through eCommerce transactions on its website, or even over the phone or through in-person transactions. Businesses that have had to move their products and services to online…
Read More3 Tips for Opening an Internet Merchant Account
In order to succeed, businesses must adapt to changes in their customers’ expectations. Customers now expect to be able to purchase virtually every kind of goods and services online using a credit card or debit card, and financial experts agree that this won’t change any time soon. Even after the coronavirus lockdown is over, more…
Read MoreHow to Choose Internet Merchant Account Services
In order to choose the right internet merchant account provider, it’s essential to know what they are and how they work. In 2020 and beyond, retailers need to refine their online transaction services so they can keep up with growing eCommerce competition. This is particularly relevant during the coronavirus lockdown when many people are staying…
Read MoreGetting an Online Merchant Account with Bad Credit: A Brief Guide
Accepting credit or debit card payments from customers requires an online merchant account. The coronavirus outbreak has moved many common transactions, which previously would have been conducted in person, to online stores where eCommerce is the main way retailers and service providers interact with their customers. Online merchant accounts connect the bank of the customer…
Read MoreHow to Keep Online Merchant Accounts Secure
Online merchant accounts are essential for retailers in 2020 and beyond. They provide payment security for websites, as well as the software and services needed to process credit and debit cards on retail sites. An online merchant account is an essential addition to any online retailer that does not already have one. No matter how…
Read MoreThe 2 Things Internet Merchants Need on Their Website in 2020
Retailers that want to accept debit and credit card payments online in 2020 (and what retailer doesn’t?) will need an internet merchant account first. This gives them access to a bank account service that conducts transactions through a payment processor. An internet merchant account is particularly essential for businesses in 2020 because of the difficulty…
Read MoreWhat are High-Risk Merchant Accounts?
Businesses need online merchant accounts, particularly while face-to-face transactions are diminished during the Covid-19 lockdown. A merchant account provider can provide the software products and services that can make this possible, enabling retailers to accept debit card and credit card transactions on their websites. Generally, these services are secure and provide retailers the opportunity to…
Read MoreWhat are PCI Requirements?
Payment card industry (PCI) requirements are a set of security standards that protects customers who use internet merchant services to pay for goods and services with their credit and debit card online. It is important for people who run businesses that use or plan on using online merchant accounts to process their customers’ credit cards…
Read MorePayment Withholdings from Square Could be Disastrous for Some Small Businesses
Many businesses that have an online merchant account from Square have become aware of a recent development involving “holding” funds from their merchants–sometimes for as long as 120 days. What is Square’s “Rolling Reserve?” According to widely published news reports, the payment processor Square has been withholding funds from some of the merchants that use…
Read MoreWhy Your Business Needs an Internet Merchant Account in 2020
During the COVID-19 quarantine, many businesses are struggling to maintain their previous activity levels. With drastically restricted opportunities for face-to-face interactions, many customers are turning to online stores to get their products and services. Even if your area is not currently locked down by law, countless people spread across nearly every community on earth are…
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