There are some big financial decisions to make when you are trying to help your business succeed. Traditional invoicing paid by check or cash is quickly becoming an outdated means of collection, as data shows nearly 80% of consumers prefer debit or credit card payments over cash or check. If you are looking for answers…
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Point of Sales Processing Terminals: What Solution is Right for You
There are many aspects of running a business that require considerable thought. While taking a customer payment is over in a matter of seconds, the decision on how to accept and process payments shouldn’t be made lightly. A point-of-sale system is crucial to running a successful business, as with it you are able to quickly…
Fraud Protection: What It Should Cover Why It Is Important
Every penny that comes into your business is money you want to keep. Unfortunately, friendly fraud is on the rise. This refers to instances where consumers report charges as fraud after receiving goods and services, so they can get the money back. More often than not, small businesses become the victim of these false fraud…
The Difference Between High Risk and Low Risk Merchant Accounts
Opening a merchant account is a way to increase your business potential, as it provides customers with more than one way to pay for your goods or services. Accepting credit or debit card payments is a convenient payment form for both you and your consumers. However, not everyone is approved for a merchant account, as there…
Why Your Company Needs Chargeback Protection
The Fair Credit Billing Act of 1974 established the chargeback process as a protective consumer measure against unethical merchants. This was designed to be a safety net against fraudulent charges or stalemate disputes with merchants. Through a chargeback, a cardholder is able to bypass a merchant unwilling to work with the consumer and address the…
Credit Card Processing Services: What You Need For Your Business
It’s no secret that credit cards play an indispensable role in business, especially in ecommerce. Not all services are created the same, so it’s important to choose credit card processing services that meet your needs. What Is a Credit Card Processing Service? This service makes it possible for you to accept electronic payment via your…
Alternative for Wirecard High Risk Payment Processing
In late June 2020, Wirecard filed for insolvency. This has had a dramatic impact on the high risk payment processing space, in which Wirecard was a significant brand. Although the specifics of the situation are still unknown and new details keep emerging, many businesses are looking for Wirecard alternatives to help secure their processing capabilities…
Streamlining Global Import/Export Operations With a Merchant Account
Running an international trading operation can be risky, especially if you’re working with new customers in a location where your company has not yet set up its own offices. For many exporters and importers, this is simply a fact of the business, which is why there are so many resources dedicated to providing merchants with…
How Merchant Processing Can Help Your CBD Business
CBD products offer people the opportunity to treat pain and live healthier lives, with a variety of options for use that cater to the specific goals of each customer. It’s no wonder they’re getting to be such a growing industry. If you’re getting the ball rolling on a business that offers CBD derivative products like…
Does Bad Credit disqualify You From a Merchant Account?
With all the restrictions and disqualifications bad credit can bring a business looking to set up financial resources, it’s no surprise so many owners of small companies question whether they can get merchant accounts before improving their credit situation. After all, bad business credit can keep a company from accessing cash draw credit lines and…