Accepting Credit Cards

Have you ever spent an hour shopping and found several items you really like only to leave them at the check-out register? Too late you saw the sign behind the register announcing cash only. If the items are more than, say, $50 or even just $20, many people don’t have enough cash in their wallet…

Running a small business can be challenging, but not in the ways you’d expect. Sometimes, business owners may be focusing so much on keeping expenses low that they might put themselves at a disadvantage. For example, you may think that your business volumes don’t warrant credit card acceptance. It may seem expensive or unnecessary, like…

As a small business owner, you’re probably familiar with the hassles of balancing prompt payment for goods/services with ensuring that customers remain loyal to your brand. These issues are common across almost all businesses. Whether you run a small home-based operation, retail store, boutique or an e-commerce website, a smooth cash flow is top priority.…

Whether you run an e-commerce website, small business, fast-food outlet or a luxury goods boutique, the decision to start accepting credit card payments is a smart move. The payments landscape has altered dramatically over the past decade and plastic has come to dominate it. Credit or debit cards are slowly edging out checks and cash…

Unless you’ve just woken up after a decades-long nap, or you’re a time traveler from an earlier century, you know that the answer is a resounding Yes! Small business owners can leverage a huge range of benefits, stay competitive and relevant, extend their reach, boost their brands, and ramp up revenues by offering customer friendly…

For the average consumer, credit cards are just a way of life. From swipes at the grocery store to utilities to debt repayments, credit cards are a routine part of life. For many people, credit cards have almost completely replaced cash as a mode of payment. In fact, when you’re in consumer mode, you probably…

You may already be familiar with the statistics, and already know that you should be accepting credit cards. But you may still be unsure of how to do it. To accept credit cards, you will first have to identify a payment processing company. If you select the right company, then once you open a merchant…

You’ve closed the sale–but that doesn’t mean that you have the cash. Why? Your money could be stuck in late payments, forgotten instalments, and checks ‘in the mail’. This means that when you get those payments that do eventually come through, they can sometimes immediately get swallowed up in expenses. These can include delivery rates,…

Whether you’ve just set up or you want to modernize your small business, accepting credit card payments can play a major role in your business’s sustainability and growth. According to a 2017-18 study conducted by the American Banking Association, there are more than 300 million credit card holders in the US. Additionally, a 2016 Gallup…