Reap the Benefits of Accepting Credit Card Payments
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…
Read MorePCI Compliance Helps with Fraud Prevention
If you spend any amount of time online, you’re probably vaguely concerned about phishers and hackers. And if your online time includes credit card transactions, then you have the added worry of identity theft. It’s one of those things we’ve apparently just learned to live with, the same way that most of us don’t panic…
Read MoreWhat is a QR code and what is it for?
You’ve probably seen plenty of QR codes, even if you didn’t know that’s what it was. It’s a type of 2-dimensional bar code that looks a bit like a box with squiggles in it. QR stands for Quick Response, and QR codes were first used in Japan, back in 1994. Toyota used them to keep…
Read MoreChoose the Right Credit Card Processing System for Your Online Business
With lots of pundits claiming another recession may be on the way, starting an online business can be a good way to go. It’s more likely to survive market shake-ups, and with so many customers preferring to shop online, it just makes sense. Online businesses have three main concerns: Delivery / shipping Payment options Customer…
Read MoreWondering What an ACH Payment is?
ACH has touched your life in many ways and you may not have known it. With an ACH transfer, you don’t need to wait for that check in the mail, stand in line to pay your bills. You can easily receive payments from vendors and suppliers, and you don’t need to make a trip to…
Read MoreWhat Are Interchange Fees?
If you’ve heard the word “interchange” but haven’t been able to discover exactly what it is, then this article will help. Business owners may not have all the information that they need about all the aspects of credit card processing. They may feel bewildered about the jargon used by those in the business and may…
Read MoreChoose the Best Way to Accept Credit Card Payments for Your Business
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…
Read MoreWhat Roles are Played in Credit Card Processing?
“Calm on the surface but paddling like the dickens underneath!” is how Michael Caine described ducks in a pond. It’s also a good analogy for what happens when a customer swipes a credit card. There are many key players in the process, and as a cardholder or customer it may not be crucial to have…
Read More60% of US Consumers Use Cards vs. Cash – Here’s Why
When Frank McNamara first invented the modern credit card, he clearly had a vision. But it’s unlikely they expected it to replace cash. It’s not quite there yet, but it’s certainly getting closer, now that 3 out of 5 consumers would rather swipe. Every user has their reasons for preferring credit cards, and a lot…
Read MoreAccepting Credit Card Payments is Essential to the Success of Your Small Business
When starting out in business, owners often want the simplest and cheapest systems they can find. So they’ll accept only cash payments and avoid outsourcing essential services. Ironically, these cost-saving measures might keep those businesses small forever. Since they’re not thinking big, they’re limiting their potential income, so they won’t have the scope or funds…
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