Why Accepting Credit Cards Increases Your Sales
The first and foremost reason that accepting credit cards will increase your sales is because that is what your customer want. And that is not just your existing customers; there are loads of prospective customers out there that you don’t know about. They are the people who want what you sell but get put off…
Read MoreTop Benefits of Accepting Credit Cards
Statistics suggest credit cards increase sales as much as 500%. Here are some more specific benefits of letting your customers swipe. Reaching online customers The bulk of web-based customers pay by credit card, so if you don’t accept them, you may be locking out 90% or more of your online customers. They can mail in…
Read MoreWhat Equipment do I Need to Accept Credit Cards?
If you are holding back on signing up to accept credit card payments because you believe that you first have to buy specific equipment, whoa! You typically don’t have to buy a thing to sign up to accept credit card payments. This is because many merchant account providers supply all the necessary equipment at no…
Read MoreMerchant Services vs. Credit Card Processing
What’s the difference between a merchant account and credit card processing? You might know – as a business – that you require a merchant account which offers affordable merchant services. However, you may be unclear on exactly what these services are. Merchant accounts are opened at companies called merchant processors or payment processors. These are…
Read MorePayment Processors vs. Payment Gateways
When you sign up to accept payment by credit card, all the terms and processes can seem very confusing, but you don’t need to have extensive knowledge of the intricacies of card payment systems to become a merchant. To become a merchant you have to open a merchant account, and once you have a merchant…
Read MorePayment Processors Explained
In short, a payment processor is a company that is authorized to process credit card transactions between cardholders and merchants. It gets more complicated than that, but having a basic idea is good so that you can understand your statements, fee structures and card payment processing procedures. Card payment networks process billions of transactions between…
Read MoreDoes My Business Meet PCI Standards?
When people say PCI, they’re usually referring to one of two things. They either mean the Payment Card Industry DSS (Digital Security Standards), or the PCI Council, which is the regulatory body that developed those standards. This council isn’t a punitive authority. It doesn’t issue any actual certificates, and it doesn’t fine you if you…
Read MoreWhy a Merchant Account is Essential for Your Business
If you think that your business is not ready for a merchant account, think again. No business is too small to have a merchant account! So what is a merchant account actually? A merchant account is a type of bank account that allows you to accept cashless payments, particularly by debit or credit card. It is formed based…
Read MoreBenefits of Opening a Merchant Account
Have you ever wondered about the benefits of opening a merchant account? Maybe you have been using traditional payment methods for years, or are about to open a new online business? If so, you may have also noticed that you are losing out on sales because you don’t offer credit card payment options, and if…
Read MoreIn-store and Online POS Solutions
A POS, or “point of sale” is the place in your store or on your website where your customer pays for the goods or the services purchased from your company. A POS system enables the customer to make a payment. Typically, a modern point of sale system will use both POS hardware, as well as…
Read More