How Blockchain can Lower Theft Losses for your Business
The holidays are an exciting, and sometimes chaotic time of the year, where money changes hands, and bags chock full of products are everywhere. It’s part of what makes Christmas great. Unfortunately, it’s also what makes the holiday season a prime target for thieves. Both buyers and businesses suffer theft losses during this season. For…
Read More6 Ways to Promote Your Business for the Holiday Season
6 Ways to Promote Your Business for the Holiday Season Christmas is a great opportunity to promote your business. The only problem is that almost every other company also recognizes this, and as such, it’s harder to stand out. Fret not though, because in this article, we’re going to take a look at 6 way…
Read MoreThe Top Benefits of Accepting Credit Cards
Credit cards have an obvious advantage for buyers. They allow consumers to purchase goods and services even when they don’t have cash in hand. But what benefits do they offer from a business perspective? Let’s explore a few possibilities: Enable faster transactions In cash transactions, the merchant has to receive the money, work out the…
Read MoreMerchant Banks versus Investment Banks
What is the difference between merchant banks and investment banks? To the average consumer, all banks are more-or-less the same. We use them to keep our savings and receive our salaries. Sometimes, they give is credit cards, check books, or loans. If you don’t pay your debts, the bank might repossess your stuff. There are…
Read MoreWhat are Closed Loop Mobile Payments?
A closed loop payment is a transaction in which a client uploads money into a spending account that is linked to a payment device. A good example would be a gift card. A closed loop payment can only occur between a spending account and a single, specific company. Closed loop mobile payments are the mobile…
Read MorePayment Processing Challenges for Small Businesses
While installing a payment processing system can have a significant positive impact on your bottom line, there are still challenges that small businesses have to face. From confusion to extra expenses, payment processing services can bring as much headache as they help relieve if vendors do not familiarize themselves with the technology and processes involved.…
Read MoreTechnology Security Tips for Your Business
Technology is an essential part of building and maintaining a thriving business. From increasing productivity, to streamlining business processes, technology is continuously advancing, and business leaders often jump at the chance to invest in technological progress. However, as technology gets more complex, there are more dark corners that can be exploited by bad actors. This…
Read MoreHow to Choose a Merchant Service Provider
Picking a merchant service provider will allow you to begin accepting credit cards for your brick and mortar or online store. This can be a great way to bring in more customers, who prefer to make payments using cards, especially online. However, there are many options to choose from when it comes to merchant service…
Read MoreCredit Card Data Security
Are Consumers Still Concerned About the Security of Their Payment Card Data? Perception often times affects the reality of business, even if that perception is wrong. A case in point is the fact that, according to Transaction Network Services, a telecommunication and financial data solutions provider, 85 percent of adults within the United States, Australia…
Read MoreGetting a Merchant Account with Bad Credit
A few decades back, getting access to credit was quite a challenge. Military veterans could get priority for loans, but most people had a hard time with any bank assistance or financing. Things have changed now, and may issuers offer you credit cards in the mail. You can get a card without even asking for…
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