How Does an Independent Sales Organization (ISO) Work?
An ISO is an organization or individual that is not a Visa or MasterCard member bank, but which is associated with such a bank. This association involves various activities such as acquiring or issuing functions, soliciting cardholders, arranging for terminal leases or purchases, and customer service among others. Independent Sales Organizations are also known as…
Read MoreMerchant Accounts for Small Businesses
You Own a Small Business – Can a Merchant Account Provider Provide You With What You Need? Check and cash usage is dropping, while online and card payments are on the rise. To harness this, a small business must have access to a merchant account, which will allow you to receive payments in a variety…
Read MoreWhat is the Best Credit Card Processor for my Business?
There are many credit card processors to choose from, with many criteria to take into consideration before signing the contract. In this article, we’re going to take a look at various factors to consider when selecting your payment processor. The benefits of accepting credit cards Accepting credit cards will widen your customer base, whether you…
Read MoreKeeping Your Customers’ Personal Information Secure
Customers can have some apprehension when it comes to sharing personal information with a company, especially online. Accordingly, it’s very important that your website reassures customers that their personal information is secure with you. In fact, security is a top priority for many customers, and even if your product offering is stellar, and your security…
Read MoreCollecting Recurring Payments From Your Customers
Recurring payments are a great way to improve cash flow and reduce costs, while building customer loyalty, thanks to the added convenience. Customers always appreciate when a store does its best to accommodate them, whether that means staying open for longer hours, offering a wider selection of products and services than the competition, or having…
Read More5 Tips for Millennials to Better Prepare Themselves for Retirement
When asked when they would like to retire, US millennials answered, on average, that their retirement goal is at the age of 60, which is 2 years earlier than the overall average of people surveyed in 16 countries. This goal is achievable, and with the right type of financial planning, it should be fairly easy…
Read MoreIs Just One ‘Standard’ QR Code System Enough?
The QR code is an upgraded version of the barcode, and it was developed by Denso Wave, a Japanese company, in the mid-90s. Its main advantage over barcodes is that it can store extra information. A bar code stores information in the thickness of the bars and the white spaces between them. Since there is…
Read MoreWhy is an Acquiring Bank Important for your Businesses?
A small online business can benefit in several ways from working with a acquiring bank. An acquiring bank has many functions, working with both multinational corporations and small businesses. For small businesses, an acquiring bank acts as a loaner and as a provider of merchant accounts and credit card processing. A purely online business however…
Read MoreWhat is ACH Origination?
Automated Clearing House Origination refers to electronic transactions that can be used to disburse payments in an efficient manner, and/or collect electronic receipts through direct payments within the United States. ACH Origination must be approved by a relationship officer, and once the account is in place, business customers can opt for automated recurring transactions at…
Read MoreHow to Convert “Window” Shoppers into Buyers
Window shopping isn’t just for malls. These days, we go ‘window shopping’ at online stores, especially if they have software that lets us ‘try on’ our purchases or take a 3D tour. Sometimes, it’s a key step in making a budget. Other times, it’s a distraction in the middle of a work day. How can…
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