Archive for May 2018
Why do I need Credit Card Processing for my Small Business?
Few businesses can compete today if they don’t accept cashless transactions like credit and debit card payments. Recent surveys confirm that only a minuscule 11% of Americans prefer to pay with cash for purchases and services. Consumers are setting the pace for change, and businesses large and small that do not hear what their customers…
Read MoreMake it Easier for Your Customers to Pay You
Online payments make life easier for companies looking to expand. This new technology gives a wider market access to businesses of all sizes, and compared to long distance payment methods such as money order, it is faster and more secure. With that being said, the best way to accept online payments is through an online…
Read MoreHow to Receive Credit Card Payments
A lot has changed since Diner’s Club first introduced credit card payments in 1950. Worldwide, payment by credit card has become the norm, and businesses that don’t accept payments by credit card are definitely at a disadvantage. Despite the very complicated behind the scenes intricacies of each credit card payment, the process involved to receive…
Read MoreAccept Credit and Debit Cards Online
Accepting card payments online can be a great boon for your business, especially if you operate in e-commerce. In fact, without debit and credit card payments, it’s exceedingly hard and inefficient to run an online business. However, some business owners are weary of the entire process, because it may seem complex or obscure. In this…
Read MoreHow Does a Merchant Account Work?
If a business wants to accept credit or debit card payments, they will need a merchant account. A merchant account is a specialized type of bank account that exists to hold the funds captured from credit and debit card sales. After a card is swiped for payment, the money is held in a merchant account…
Read MoreThe Benefits of Accepting Online Payments
As of 2018, over 50% of American consumers prefer to shop online. As innovations in technology increase, this figure is likely to rise even higher. Business analysts and advisers recommend that companies enhance their reach and sales by offering e-commerce platforms. As a consumer, it is easy to see the appeal of online shopping: it…
Read MorePCI Compliance
Attaining PCI compliance is an essential part of growing your online business. Without it, you open yourself up to fines, litigation, and data theft. The Payment Card Industry Data Security Standard (PCI DSS) was put forth by the five major credit card companies, and it is meant to reduce the number of costly and highly…
Read MoreDoes my Business Qualify for a Merchant Account?
Virtually every modern business needs a merchant account. It streamlines your payment options, combining your check, cash, card, ACH, and online payments into a single platform. And if you have on online store then a merchant account is practically mandatory, since it’s the only practical way to safely receive payments from your customers. However, a…
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