Advantages of ACH Processing
The type of business that you run has a big influence on the modes of payment that you may wish to accept. For service industries and delivery-based businesses, cash-on-delivery is an option, but you might not want your staff handling large amounts of cash. It puts them and you at risk. It can be a…
Read MoreAre You Ready To Accept Payments Online?
The average consumer uses at least three different payment methods, according to a recent study. It is important for merchants to offer a variety of payment options for their customers, including online payments. Multiple billing and payment methods improves customer experience and increases satisfaction. Additionally, merchants can benefit from multiple payment options as this can…
Read MoreDoes PCI Compliance Apply to Me?
Picture this for a second. You go to the mall and buy something from your favorite store. It could be a burger, some shoes, or a new phone. When you get home, you find something wrong with your purchase. Who do you blame? Is it yourself for poor spending? Is it the mall for not…
Read MorePCI DSS Tips for New Businesses
New businesses generally operate on a shoestring. They don’t always have much capital to play with, and statistics suggest it may take time before they break even. Does this mean your new business can forego other business ‘essentials’ like PCI compliance for your virtual storefront? First, it helps to understand this structure. Payment Card Industry…
Read MoreChoosing the Right Merchant Processing Company
Every business choice you make affects your bottom line, but the two keenest ones are selling more and spending less. These are the bedrock of successful trade in any industry. Ideally, you want to cut costs without reducing quality. One of the ways you can do this is through your chosen payment option. You want…
Read MoreChoosing the Right Merchant Account Provider
Finding the best merchant processing company to suit your small business will take time. Each merchant processor has different features and benefits to offer and only after weighing up several options will you find the company that offers exactly what you need. Maybe you’re an eCommerce business that operates exclusively online, so you want a…
Read MoreWhat Do I Need To Know About PCI Compliance?
If you, as a merchant that offers credit card payments, do not know about PCI compliance, it can be vitally important that you rectify this as soon as possible. Any merchant that offers credit card payments needs to be PCI compliant. In order to be PCI compliant, it pays to know more about the regulations…
Read MoreHow To Minimize Chargebacks
Chargebacks are horrible for merchants. They are designed to keep customers safe from fraud and identity theft, but they can make life really difficult for your business. For one thing, they are non-expungable, so even if you and your customer resolve the matter, it stays in your bank file, leaving you susceptible to audits or…
Read MoreWire Transfer vs. ACH
Electronic transfers of funds is a practical means of moving money from one place to another. It’s safe, convenient and trackable. Two of the most popular and established ways to move funds electronically include wire transfers and ACH transfers. A wire transfer is a real-time way of moving funds and supporting data immediately between two…
Read MoreVisa’s New Chargeback Rules
Most people are sure they can’t fall victim to phishing schemes. They’re too smart for that, and they know better. But the most common – and effective – phishing method is to use the identity of someone the victim knows. After hackers compromise one person’s account, they can then contact everyone in their address book.…
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