Credit Card Processing
Choose the Right Payment Processing Solution for your Business
If you’re in business, offering goods, services or both, you may have decided how you want to accept payment. With cash and checks slowly fading into the sunset, card payments have emerged as the most preferred payment method among American consumers. According to a 2018 study conducted by TSYS, a card processing company, more than…
Read MorePCI Compliance Explained
Small business owners and others who have recently begun accepting credit card payments may have heard the term PCI compliance. But, not all of us know exactly what it means or how it can impact our businesses. Non-compliance is risky, potentially leading to financial loss, reputational damage, and the loss of ability to accept card…
Read MoreAre EMV Cards More Secure than Traditional Credit Cards?
Are EMV Cards More Secure than Traditional Credit Cards? The short answer is yes. Many of us worry about the safety of our credit cards. But since they are so entrenched in our daily lives, we may suppress our worries and get on with spending. Luckily for us, credit card companies put efforts into security…
Read MoreReap the Benefits of Accepting Credit Card Payments
For the average consumer, credit cards are just a way of life. From swipes at the grocery store to utilities to debt repayments, credit cards are a routine part of life. For many people, credit cards have almost completely replaced cash as a mode of payment. In fact, when you’re in consumer mode, you probably…
Read MorePCI Compliance Helps with Fraud Prevention
If you spend any amount of time online, you’re probably vaguely concerned about phishers and hackers. And if your online time includes credit card transactions, then you have the added worry of identity theft. It’s one of those things we’ve apparently just learned to live with, the same way that most of us don’t panic…
Read MoreChoose the Best Way to Accept Credit Card Payments for Your Business
You may already be familiar with the statistics, and already know that you should be accepting credit cards. But you may still be unsure of how to do it. To accept credit cards, you will first have to identify a payment processing company. If you select the right company, then once you open a merchant…
Read MoreWhat 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…
Read More60% 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…
Read MoreAccepting 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…
Read MoreWhy 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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