Posted by Guest Author on July 31, 2013 in Business Financing, Credit Card Processing, Small Business Efficiency [ 2 Comments ]
It wasn’t so long ago that small businesses struggled to process credit and debit cards like large corporations. Merchant services, as they’re known, came with costly hardware, rates were frequently volume based, and reserve accounts often tied up valuable cash needed to run smaller operations. Today, there are many different payment platforms for small businesses and each offers solutions that run on multiple devices and … Read More
Posted by Megan Webb-Morgan on June 4, 2013 in Credit Card Processing [ 0 Comments ]
There are a variety of ways that your small business can begin accepting credit cards – from the simple to the high-tech.
You can utilize a merchant account at your bank or a … Read More
Posted by Megan Webb-Morgan on May 28, 2013 in Credit Card Processing, Retail [ 0 Comments ]
If your business accepts credit cards of any type, then you are automatically responsible for complying with the Payment Card Industry Data Security Standard (PCI DSS). This standard was developed by the five major credit card brands in order to create and maintain a consistent information security standard for all credit card processors The ultimate goals is to prevent credit card fraud that occurs when … Read More
Posted by business on March 6, 2013 in Business Start Up Advice, Credit Card Processing, POS Systems [ 0 Comments ]
If you’re small business owner, don’t fear the credit card (or it’s many, many fees). We’ll help you trim them down.
If you need more evidence that all those dead presidents in your wallet are … well … dead, consider this: In 2011 just 27 percent of point-of-purchase sales were made using cash, compared with 66 percent made using plastic, according to a survey by … Read More
Posted by business on March 1, 2013 in Business Start Up Advice, Credit Card Processing, POS Systems, Startups [ 0 Comments ]
Mobile point of sales technology has not only increased the number of businesses capable of accepting credit and debit cards, but also transformed the way several industries do business.
From improving customer service to allowing small business owners to ditch traditional storefronts, we’re only just beginning to see the possibilities that on-the-go credit card processing offers.
Mobile point of sales speeds up transaction time — … Read More
Posted by business on February 14, 2013 in Credit Card Processing [ 0 Comments ]
While retailers wanted banks to lower credit card swipe fees (which range from 1.5% to 3%), the settlement instead makes it OK for retailers to recoup credit card processing fees by passing along a surcharge to consumers. The rule … Read More
Posted by business on December 27, 2012 in Business Start Up Advice, Credit Card Processing, POS Systems [ 0 Comments ]
Most business owners know that credit card processing fees are an unhappy side effect of offering convenience to your customers (and hopefully increasing your sales). Every time you swipe that plastic, you’re charged a small fee plus a monthly maintenance fee … and don’t forget any hidden fees your vendor might decide to tack on.
The privilege of accepting credit cards costs small businesses thousands, … Read More
Posted by business on December 26, 2012 in Credit Card Processing [ 0 Comments ]
Many business owners think that meeting the basic requirements of the Payment Card Industry Data Security Standard (PCI DSS) protocols will keep their point-of-sale systems from being hacked. But here’s the truth: hacking into retailer POS systems is a recurring problem worldwide, even for retailers who meet PCI DSS standards.… Read More
Posted by business on December 13, 2012 in Business Software, Business Start Up Advice, Credit Card Processing [ 0 Comments ]
Offering credit card processing is key for your small businesses to grow its costumer base. But equally critical is ensuring that your customers feel comfortable sharing personal information on your website.… Read More
Posted by Amanda DiSilvestro on November 30, 2011 in Credit Card Processing [ 0 Comments ]
Just when you think you’ve recovered from the Thanksgiving celebration, you turn around and find nothing but more holidays. Although the holidays are a joyous time for families and friends, they are a lot of work. This time of year usually means shopping for presents, shopping for food, returning those presents for different presents, and discovering you need to go buy more food (at least … Read More