Archive for December 2017
Credit Card Data Security
Are Consumers Still Concerned About the Security of Their Payment Card Data? Perception often times affects the reality of business, even if that perception is wrong. A case in point is the fact that, according to Transaction Network Services, a telecommunication and financial data solutions provider, 85 percent of adults within the United States, Australia…
Read MoreGetting a Merchant Account with Bad Credit
A few decades back, getting access to credit was quite a challenge. Military veterans could get priority for loans, but most people had a hard time with any bank assistance or financing. Things have changed now, and may issuers offer you credit cards in the mail. You can get a card without even asking for…
Read MoreHow Is Credit Card Interest Calculated?
Credit card interest rates are set even higher than home or car loan interest. This is because the use of a credit card is considered unsecured debt, which is why credit cardholders are charged so much on the interest rate. For many cardholders, their credit card is used almost every day for minor purchases like…
Read MoreCybersecurity for Small Businesses
Cybersecurity should be a concern for every business, large or small. We often hear in the news about multinational online security hacks, but we aren’t exposed to the breaches happening regularly to small businesses. Small businesses are at equal risk of online security threats to large organizations, with about 20 percent of all small to…
Read MoreReduce Your Chances of Financial Fraud
These days, customers largely prefer to pay for their purchases using their credit cards. It’s swift, convenient, and feels safer than carrying cash. Unfortunately, criminals have upgraded their techniques. Instead of mugging and pickpocketing, they now use credit card fraud and identity theft to rob customers and run up unscrupulous bills. As a business, earning…
Read MoreThree Millennial Business Trends
We’ve been hearing about Millennials for a while now. While sources differ on the exact cut-off dates, this demographic roughly covers people born between the early eighties and the late nineties. Millennials started streaming into the work force a decade ago and their influence has been felt across business sectors. Millennials are characterized by individualism…
Read MoreCreate a Holiday Marketing Plan
For many businesses, Christmas is the busiest time of the year. It can also be the most lucrative, especially if they have a large marketing budget and years of experience. For small businesses, the opposite can sometimes be true. You might instead worry about keeping up with demand, or you might get anxious about stocking…
Read MoreHoliday Money-Saving Tips
Over the holidays, we often host family and friends, so we might eat out more, order extra take-out, shop in bulk for family meals, travel out of town, and buy lots of presents. As a consumer, you might already be anxious about the holiday bulge from all those yummy Christmas treats. You might also be…
Read MoreIncrease Your Online Sales This Christmas
Business surveys suggest Christmas is the best time of the year for most retail businesses. It’s when they typically achieve their highest sales volumes. Some firms routinely make more sales in November and December than they do for the rest of the year combined. However, this only works if customers know about you. Online stores…
Read MoreHow to Accept Credit Cards Over the Phone
Most businesses process credit cards in one of three ways. Customers can swipe cards on a portable electronic keypad, swipe it on a card reader attached to a cash register, or input their card details on a secure website. To facilitate these payments, a business needs to open a merchant account with a payment processor.…
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