Credit Card Processing
How the Credit Card Processing Environment Works
The credit card processing environment exists as soon as a customer makes a payment by credit card for goods or services purchased from a merchant. At that point, a host of industry role players become involved in different stages of the process. The credit card processing environment is the automation of electronic card transactions made…
Read MoreA Payment Solution for Start-up Businesses
When starting a business, most entrepreneurs want to keep costs as low as possible. Frugality is important at any point of a business because lowering costs will raise your profits, but it’s particularly important at the start, because startups may not have the capital to spare. The most important part of any business, aside from…
Read MoreAccepting Credit Cards for a Small Business
These days, credit cards are the preferred mode of payment for a typical customer. It’s easier for them because it’s quick and convenient, with fewer visits to the ATM, no dealing with bills or change, and no checks to write. From a business perspective, you might think your company is too small for credit cards.…
Read MoreHelp Your Customers Feel Comfortable Paying Online
It’s important to customers that they feel comfortable about how, where, and to whom they’re paying. Comfort can be boiled down into two primary components: safety and convenience. An online shopping platform can help customers feel comfortable by reassuring them that their safety and security is high priority, as well as by making sure the…
Read MoreCredit Card Trivia
We all know what a credit card is, and many of us have more than one credit card. In fact, many people use a credit card to make the majority of their payments, from bills and necessities to entertainment. And most of us probably have at least a vague idea of how credit card processing…
Read MoreThe Role of the Payment Gateway
The role of the payment gateway is vital to ecommerce. Without a payment gateway, credit card payments cannot be processed online. What is a payment gateway? Payment gateways provide an essential service for credit card transactions. They facilitate these kinds of transactions by transferring information between payment portals and the payment processor or bank. To…
Read MoreDoes my Small Business Need to Certify PCI Compliance?
The term ‘small business’ is relative. It could refer to customer volumes, turnover, reach, service provision, staff numbers, physical size, or maybe you live and work in a quiet little town. Regardless, you still need to be PCI compliant in order to accept credit cards. There are two reasons why. One, you can’t process any…
Read MoreAccept All Forms of Electronic Payments with a Merchant Account
If you run a traditional brick-and-mortar business, the online world can seem a little daunting. And yet the simple step of accepting online payments could significantly increase your sales volume. And you wouldn’t even need more staff. (Well, actually, you might need more staff to keep up with your increased business size–but not to accept…
Read MoreReasons to Accept Credit Cards for Your Micro-Business
The term “small business” covers a lot of territory, from independent beauty consultants to home-based businesses to operations with 20-30 employees. Most small businesses don’t think twice before accepting credit card payments, but many micro-businesses might. A micro-business is generally an independent operation and is something that can even start as a side project while…
Read More75% of Consumers Prefer To Pay With Credit Cards
Are you losing out because you don’t accept credit cards? If you don’t accept them, then the short answer is yes—though not necessarily in the ways you might think. If three-quarters of your customers would rather pay by card, you’re likely to lose a good proportion of those sales. If your product or service is…
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