Archive for November 2018
How to Reduce the Chances of a Chargeback
Chargeback fees may only be a few cents, or maybe a few dollars, but they pile up pretty fast, and their long term consequences are disastrous. It stays in your permanent bank records, even if the matter is resolved in your favor. If you accrue too many chargebacks, this could trigger an audit or even…
Read MoreDoes my Small Business Need to Certify PCI Compliance?
The term ‘small business’ is relative. It could refer to customer volumes, turnover, reach, service provision, staff numbers, physical size, or maybe you live and work in a quiet little town. Regardless, you still need to be PCI compliant in order to accept credit cards. There are two reasons why. One, you can’t process any…
Read MoreAccept All Forms of Electronic Payments with a Merchant Account
If you run a traditional brick-and-mortar business, the online world can seem a little daunting. And yet the simple step of accepting online payments could significantly increase your sales volume. And you wouldn’t even need more staff. (Well, actually, you might need more staff to keep up with your increased business size–but not to accept…
Read MoreReasons to Accept Credit Cards for Your Micro-Business
The term “small business” covers a lot of territory, from independent beauty consultants to home-based businesses to operations with 20-30 employees. Most small businesses don’t think twice before accepting credit card payments, but many micro-businesses might. A micro-business is generally an independent operation and is something that can even start as a side project while…
Read More75% of Consumers Prefer To Pay With Credit Cards
Are you losing out because you don’t accept credit cards? If you don’t accept them, then the short answer is yes—though not necessarily in the ways you might think. If three-quarters of your customers would rather pay by card, you’re likely to lose a good proportion of those sales. If your product or service is…
Read More