Credit Card Processing
Choosing the Right Merchant Processing Company
Every business choice you make affects your bottom line, but the two keenest ones are selling more and spending less. These are the bedrock of successful trade in any industry. Ideally, you want to cut costs without reducing quality. One of the ways you can do this is through your chosen payment option. You want…
Read MoreChoosing the Right Merchant Account Provider
Finding the best merchant processing company to suit your small business will take time. Each merchant processor has different features and benefits to offer and only after weighing up several options will you find the company that offers exactly what you need. Maybe you’re an eCommerce business that operates exclusively online, so you want a…
Read MoreWhat Do I Need To Know About PCI Compliance?
If you, as a merchant that offers credit card payments, do not know about PCI compliance, it can be vitally important that you rectify this as soon as possible. Any merchant that offers credit card payments needs to be PCI compliant. In order to be PCI compliant, it pays to know more about the regulations…
Read MoreHow Do I Keep My Customers’ Information Safe From Hackers?
The word ‘hacker’ is a scary one. It conjures images of super-genius programmers breaking into your computer system, crashing it, and stealing all your money. In the movies, hackers frantically run their hands over keyboards and attack your system in seconds. In the real world, hacking is laborious and complex, and it takes far longer.…
Read MoreAm I PCI Compliant if I Have an SSL Certificate?
The Payment Card Industry (PCI) is a regulatory body that is recognized by card networks and payment processors. It has established a list of 12 guidelines sub-divided into 6 categories. Abiding by these recommendations ensures your customers can safely pay you via credit card. There’s no physical (or virtual) document to prove compliance. Having an…
Read MoreGive Your Customers a Better Shopping Experience
In some parts of the developing world, seeing someone take out a card to pay at the grocery store elicits groans. First off, the payment process is cumbersome. The customer has to produce ID, input their PIN, then wait for a manager to come so they can sign their receipt. Fortunately, card payments aren’t as…
Read MoreCard Payment Processing Options for Large Businesses
The perceived size of your business is relative. Some people gauge it by the number of employees or locations you have, while others focus on your revenue. Credit card companies divide businesses into four levels depending on transaction volume. Level 4 merchants process 20,000 transactions every year while Level 1 merchants transact over 6 million…
Read MoreUnderstand Your Customers Better
The ways consumers behave according to whether they have credit card or cash is a fascinating study of human nature and consumer psychology. Understanding these trends is also useful for merchants. Equipped with the knowledge of how your customers are likely to behave around different payment options allows you to tailor how you offer those…
Read MoreIs Accepting Credit Cards Worth the Investment?
Today people are not interested in paying by cash or check anymore, and if you are still not accepting payments by credit card, you are likely losing out on sales whether you are aware of it or not. Virtually all successful business owners are concerned about managing costs, but investing in a credit card processing…
Read MoreWhat Is a Card-Not-Present (CNP) Transaction?
As a merchant, you can accept credit card payments in different ways for goods and services supplied. There are two terms that you will hear bandied about, Card-Not-Present (CNP) and Card-Present (CP). Let’s understand what a Card-Not-Present or Card-Present transaction is: Card Not Present means that the merchant does not see the physical credit card…
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