Credit Card Processing

What Roles are Played in Credit Card Processing?

“Calm on the surface but paddling like the dickens underneath!” is how Michael Caine described ducks in a pond. It’s also a good analogy for what happens when a customer swipes a credit card. There are many key players in the process, and as a cardholder or customer it may not be crucial to have…

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60% of US Consumers Use Cards vs. Cash – Here’s Why

When Frank McNamara first invented the modern credit card, he clearly had a vision. But it’s unlikely they expected it to replace cash. It’s not quite there yet, but it’s certainly getting closer, now that 3 out of 5 consumers would rather swipe. Every user has their reasons for preferring credit cards, and a lot…

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Accepting Credit Card Payments is Essential to the Success of Your Small Business

When starting out in business, owners often want the simplest and cheapest systems they can find. So they’ll accept only cash payments and avoid outsourcing essential services. Ironically, these cost-saving measures might keep those businesses small forever. Since they’re not thinking big, they’re limiting their potential income, so they won’t have the scope or funds…

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Why Your Growing Business Should Accept Credit Card Payments

Avoid growing pains by adopting the right credit card acceptance strategy. A recent study showed that approximately 83% of small business owners expect to expand in 2019. The payment landscape has changed dramatically over the last few years and has managed to keep pace with the tech boom. Accordingly, most small business owners today are…

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What to Look for in Credit Card Processing for Small Businesses

Shoppers and customers may be shocked to learn that nearly 55% of small businesses in the United States don’t accept credit card payments. This can impact customer behavior and also cause frustration and disappointment in consumers. Many small business owners shy away from offering this facility because they feel that credit card processing charges could…

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Quick Guide to Credit Card Processing

What exactly goes on behind the scenes when you swipe? It’s not crucial information for customers, but it’s something business owners need to know–especially if you don’t accept credit cards. You may have heard accepting cards will boost overall sales, and it will increase individual customer spending too. So the main reason you might be…

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What is the Purpose of a Chargeback?

It’s a term that can send shivers down the average retailer’s mind. It can be just a few dollars per charge, but it can quickly pile up, and it can do permanent damage to your business. But what is it? A chargeback is a process by which a cardholder can try to cancel a sale…

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What are EMV Cards?

At a glance, credit cards and debit cards look similar. But their function is quite different. Debit cards pull cash directly from your bank account. Credit cards run a ‘tab’ up to a given limit, and you repay your tab at the end of your credit cycle. Debit cards are usually inserted into an ATM…

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