Ensuring Electronic Payments are Seamless and Secure
Secure and seamless payments are vital to building trust with your customers. It’s a fact that the more people trust you, the more inclined they will be to do business with you. When it comes to accepting credit or debit card payments, building customer trust is not only up to you. The merchant account service…
Read MoreAccepting Credit Cards Make it Easier for Your Customers
Customers can buy your goods or pay for your services using cash, checks, credits cards, bank transfers, or mobile payment systems. Of all those options, the credit card is still the most popular. It’s convenient and is less bulky than coins or paper currency. It also offers additional benefits to customers, which is another reason…
Read MorePayment Gateways vs. Merchant Accounts
When customers buy something from your physical store, they swipe their card through an electronic card reader. It might be attached to the cash register, or it might be a portable unit that your server, delivery person, or shop assistant brings to you. On the other hand, when they’re buying something on your website, they…
Read MoreHow Do CVV Codes Protect Against Fraud?
Take a quick look at your credit card, debit card, or ATM card. At the front, you see your name, your account number, and your card number. Depending on the type of card you have, there might be an additional set of numbers above your card number or on the back. For American Express cards,…
Read MoreHow to Accept ACH Payments From Customers
When your customers are paying for your products or services, they have multiple payment avenues. They can pay in cash, check, credit card, or debit card. Lately, regular customers are opting to pay through ACH (Automatic Clearing House). This means the cash moves from their bank to yours via electronic transfer. It’s a cheaper method,…
Read MoreWhat is the Difference Between EMV Cards and Magnetic Strip Cards?
What is the Difference Between EMV Cards and Magnetic Strip Cards? The magnetic strip credit card has been the standard for decades, but now, a new credit card standard is taking over markets around the globe. This standard is the EMV-chip card, which has the main benefit of offering increased security during transactions. In this…
Read MorePCI Compliance also Includes Hardware
All your credit card processing equipment, hardware and software, must meet 12 requirements outlined in the Payment Card Industry Data Security Standards Council (PCI DSS) as well as the Payment Best Application Practices (PABP). Noncompliance puts you at risk of a data security breach, in which customers’ credit card information or other sensitive information can…
Read MoreDo I Need a Merchant Account to Accept Credit Cards?
Let’s understand a merchant account first. Briefly, a merchant account is a facility provided by a bank for a merchant, you, to route money from credit card sales to your bank account. A sale is made, paid for by credit card, and the funds reserved for you. In-between the transaction follows many steps between your…
Read MoreBest Credit Card Machine for a Small Roadside Business
When you run a roadside business, your main focus must be on your stock, your customers and your service. It is important to choose a merchant credit card processing service provider that understands the specific needs of your type of business and is willing to discuss options with you. Base your choice on a credit…
Read MoreThe Difference Between a POS System and a Credit Card Machine
In modern trade, there are three main ways to receive money: paper, plastic, and digital. Technically, US currency isn’t paper at all, because it’s made from cotton, but generally, physical currency (notes and coins) are referred to as ‘paper money’. Plastic refers to credit cards and debit cards, while digital currency is passed through virtual…
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