Accepting Credit Cards Both In-store and Online
If you’d like to maximize your business returns, it’s a good idea to supplement your physical store with an online one. With time, it might feel like it’s the other way around, and your online store is your main business, because so many consumers are making the switch to online shopping. The payment process The…
Read MoreWho Needs a Mobile Credit Card Reader?
A mobile credit card reader is an advantage for businesses on the move. Is it worth having this mobility in a single location like a brick and mortar store? The answer depends on how the business wants to accept card payments, the size of their premises in which they want to do this, and other…
Read MoreChoosing the Best Way to Accept Credit Cards
How you do business with your customers will affect the best way to accept their card payments. There are two main differences in how you accept card payments: card-present environments and card-not-present environments. Exactly as the names suggest, payments can be made with and without a card being physically present and swiped or inserted into…
Read MoreThe Difference between Merchant Service Providers and Payment Facilitators
Do you want to accept card payments in store and online? To do this, you need a payment processing company. There are three different types of payment processor; ISO/MSPs, direct processors and payment facilitators. Both direct processors and ISO/MSPs provide merchant accounts, while payment facilitators do not. A comparison of ISO/MSPs and payment facilitators may…
Read MoreWhat Does a Merchant Account Provider Provide?
Merchant Account Providers offer merchant accounts that are ideal for small to medium businesses. Every Merchant Account Provider has different perks and benefit structures. Whether for brick and mortar, mobile or online stores, or any combination of them, a merchant account can open a business up to new possibilities and opportunities for growth. Accept card…
Read MoreSSL and PCI Compliance Explained
Online security measures are essential for businesses that accept card payments either online or in store. SSL certificates and the PCI standards are two of the main security options when dealing with card payments. What is SSL? SSL stands for Secure Socket Layer, a standard security technology that establishes an encrypted link between a server…
Read MoreWhat is a Merchant Bank?
When you open an online store, you may design an ecommerce website, install a shopping cart, and facilitate payment options. On the surface, the process is pretty simple. Your customer visits your online store, puts their items in your online shopping cart, proceeds to checkout, and securely enters their credit card details. Depending on your preference,…
Read MoreThe Rising Debate Over the Cashless Trend
A growing number of Washington businesses, and other establishments across America, are refusing to accept cash in favor of card and mobile payments. While most consumers prefer the convenience of paying by card, is completely removing the option to pay using cash really a good business move? Benefits of not accepting cash payments Companies going…
Read MoreAre ACH Payments Safe?
Automated Clearing House (ACH) has become a buzzword in the business world. It’s a network that links banks in the US, allowing them to safely and seamlessly transfer money to each other. ACH debits are only processed once or twice a day, but because they’re all done in a single electronic batch, it can significantly…
Read MoreAssuring Customers That Their Data is Safe
The modern American is all too familiar with the concept of credit card fraud, but they still can’t live without their credit cards. It’s too deeply ensconced in their lives. So rather than focusing their security efforts on their cards, they keep a closer eye on the spaces where they do their shopping. The savvy…
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