Credit Card Processing
Five Reasons to Get a Credit Card
There are two kinds of people. There are those who love credit cards because it’s a ‘limitless’ spending option. Then there are those who have heard horror stories about credit card debt, so they avoid cards completely. In reality, credit cards are useful, as long as you keep your spending under control and pay them…
Read MoreChoosing the Best Way to Accept Credit Cards
How you do business with your customers will affect the best way to accept their card payments. There are two main differences in how you accept card payments: card-present environments and card-not-present environments. Exactly as the names suggest, payments can be made with and without a card being physically present and swiped or inserted into…
Read MoreThe Difference between Merchant Service Providers and Payment Facilitators
Do you want to accept card payments in store and online? To do this, you need a payment processing company. There are three different types of payment processor; ISO/MSPs, direct processors and payment facilitators. Both direct processors and ISO/MSPs provide merchant accounts, while payment facilitators do not. A comparison of ISO/MSPs and payment facilitators may…
Read MoreWhat Does a Merchant Account Provider Provide?
Merchant Account Providers offer merchant accounts that are ideal for small to medium businesses. Every Merchant Account Provider has different perks and benefit structures. Whether for brick and mortar, mobile or online stores, or any combination of them, a merchant account can open a business up to new possibilities and opportunities for growth. Accept card…
Read MoreSSL and PCI Compliance Explained
Online security measures are essential for businesses that accept card payments either online or in store. SSL certificates and the PCI standards are two of the main security options when dealing with card payments. What is SSL? SSL stands for Secure Socket Layer, a standard security technology that establishes an encrypted link between a server…
Read MoreWhat is a Merchant Bank?
When you open an online store, you may design an ecommerce website, install a shopping cart, and facilitate payment options. On the surface, the process is pretty simple. Your customer visits your online store, puts their items in your online shopping cart, proceeds to checkout, and securely enters their credit card details. Depending on your preference,…
Read MoreThe Rising Debate Over the Cashless Trend
A growing number of Washington businesses, and other establishments across America, are refusing to accept cash in favor of card and mobile payments. While most consumers prefer the convenience of paying by card, is completely removing the option to pay using cash really a good business move? Benefits of not accepting cash payments Companies going…
Read MoreAssuring Customers That Their Data is Safe
The modern American is all too familiar with the concept of credit card fraud, but they still can’t live without their credit cards. It’s too deeply ensconced in their lives. So rather than focusing their security efforts on their cards, they keep a closer eye on the spaces where they do their shopping. The savvy…
Read MoreStill Believe Cash is King?
Are you struggling to decide whether to remain cash-only or start accepting credit card payments? By accepting credit card payments, whether online or in-store, your business stands to gain unimaginable rewards. Why businesses choose not to accept credit card payments One of the greatest fears of accepting card payments is the financial responsibility and security…
Read MorePCI Compliance for Your Business – What to Know
Depending on where Google has led you in your searches on this topic, you might be looking at 6 principles of PCI, or 12 recommendations for PCI. They refer to the same thing – and it’s actually six concepts sub-divided into twelve action points. These requirements were designated by the Payment Card Industry Council, and…
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