Why Your Growing Business Should Accept Credit Card Payments
Avoid growing pains by adopting the right credit card acceptance strategy. A recent study showed that approximately 83% of small business owners expect to expand in 2019. The payment landscape has changed dramatically over the last few years and has managed to keep pace with the tech boom. Accordingly, most small business owners today are…
Read MoreCredit Card Processing for Your Comic Book Store
Once upon a time, people thought comic books (and videogames) were just for kids. But, just like Generation X before them, the millennial generation have also carried many of their childhood loves into adulthood. So it’s just as common to see a thirty-, forty-, or fifty-year-old in a comic book store as a teenager or…
Read MoreSay Yes to Credit Card Payments, and Say Yes to Improved Cash Flow
You’ve closed the sale–but that doesn’t mean that you have the cash. Why? Your money could be stuck in late payments, forgotten instalments, and checks ‘in the mail’. This means that when you get those payments that do eventually come through, they can sometimes immediately get swallowed up in expenses. These can include delivery rates,…
Read MoreHow can I Accept Credit Cards for My Cleaning Business
Some business ideas are very simple, but also very lucrative. For example outsourced chores. It seems like an obvious thing, because we can all do basic cleaning. But a lot of us hate doing it, so if we can pay someone to do it for us, we will. The main barrier is the idea of…
Read MoreWhat Is A Card-Not-Present Transaction?
Ordinarily, when you buy an item (or when a customer buys something from your store), you swipe a card through a POS terminal. With EMV cards, you have to stick the card in and pause a beat so the system can generate a one-time encryption code. It can take noticeably longer than swiping, but not…
Read MoreWhat to Look for in Credit Card Processing for Small Businesses
Shoppers and customers may be shocked to learn that nearly 55% of small businesses in the United States don’t accept credit card payments. This can impact customer behavior and also cause frustration and disappointment in consumers. Many small business owners shy away from offering this facility because they feel that credit card processing charges could…
Read MoreQuick Guide to Credit Card Processing
What exactly goes on behind the scenes when you swipe? It’s not crucial information for customers, but it’s something business owners need to know–especially if you don’t accept credit cards. You may have heard accepting cards will boost overall sales, and it will increase individual customer spending too. So the main reason you might be…
Read MoreWhat Is An Acquiring Bank?
An acquiring bank is a bank that provides a merchant account to businesses that accept credit cards, and provide the money when a customer uses their credit card for goods or services. Before your small business can begin accepting payments from customers, you ultimately have to work with a an acquiring bank. It’s also known…
Read MoreWhat is the Purpose of a Chargeback?
It’s a term that can send shivers down the average retailer’s mind. It can be just a few dollars per charge, but it can quickly pile up, and it can do permanent damage to your business. But what is it? A chargeback is a process by which a cardholder can try to cancel a sale…
Read MoreWhat Credit Card Processing Equipment do I Need for My Shoe Repair Business?
As skilled artisans, passionate about their craft, small business owners who have set up a shoe repair business occupy a special niche. Traditionally, this sector has been a highly individualized one, with relatively little organizational capability and group support. It offers customized, bespoke, personalized services mainly to local customers. However, with some business strategy inputs,…
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