How to Set Up a Merchant Account
When Western Union first began issuing metal plates called “cards” to their employees in 1914 in lieu of salary payments in cash, little did they foresee an era where a swipe or dip could purchase almost anything you need. This was a “closed” system where card-holders could only shop at company-owned stores. In 1946, a…
Read MoreConfused about How Credit Card Processing Works?
With the number of credit card holders crossing the 450 million mark back in 2016, this is a population that significantly impacts business owners. Whether you run a brick-n-mortar enterprise or an online e-commerce website, credit cards have become a preferred mode of payment. According to Statistia, 34% of people surveyed in a 2017 study…
Read MoreCan my Small Business Accept Mobile Credit Card Payments?
You’ve probably already heard about the benefits of accepting mobile credit card payments. It’s faster, safer, and more convenient, both for businesses and customers. But from a small business perspective, it can seem expensive. This is not true. You can start accepting mobile credit card payments at little to no cost. It all depends on…
Read MoreWhy Would I Want to Accept Credit Cards at My Business?
When a customer is buying something, credit cards feel like the easiest option. Looking at it objectively though, they want three main things from a payment system: Security Speed Seamlessness The faster you can pass you customers through the cashier, the more people you can serve during your open hours, and the better for your…
Read MoreDoes My Small Business Need a Credit Card Machine?
When you’ve decided to start accepting credit card payments for your small business, it’s important to make certain decisions early on in the process. Small business owners are often rightly focused on marketing, profitability, sustainability, product or service improvement, enhancing the customer base, and dealing with the competition. Of course, these aspects are vital to…
Read MoreWant to Accept Credit Cards? Here’s How.
Whether you run a brick and mortar business or an online store, there is no getting away from accepting credit card payments. In a 2017 Federal Reserve Payments Study, credit cards showed the most accelerated growth rate among the various payment options that were studied. If you haven’t incorporated this method yet, then you run…
Read MoreAccept Credit Card Payments and Expand Your Business
Many people assume starting a business is the toughest part. Often, it turns out that growing past a plateau can feel even harder. You have to acquire a new set of customers or upsell to the ones you already have. Perhaps the easiest way to do that is to start accepting credit cards. This may…
Read MoreYour Business Can Accept Credit Cards Online
It’s easier than you think! Many small business owners shy away from offering credit card payment facilities because they think the set-up is complicated, or that they’re too small, or that the charges will be too high, or that their margins are too slim. But a quick run-through of the benefits can dispel these concerns.…
Read MoreYour Small Business Should Accept Credit Cards. Here’s Why.
Today, credit and debit cards have become the most preferred and popular modes of paying for goods or services. What’s the Advantage of Card Payments for Consumers? Customers love their plastic. If your online or brick-n-mortar store offers a cash/check-only payment facility, a customer will rarely take the trouble of looking for a cash machine.…
Read MoreHow Can I Accept Credit Cards at Fairs?
Seasonal business can be lucrative if you plan carefully. After all, the sales from that one season may have to carry you through the rest of the year. Fairs can be a bit like that. If you’ve been around the circuit for a while, you know when and where they are. But they’re not like…
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