Are you the owner of a newly-started business, looking for funding options to help your small business grow and expand? Having the right type of funding is important for the success of a young company and it can be helpful to know what kind of options are available to you. We realize that funding can be a difficult and even overwhelming process for the not yet initiated and so we put together a comprehensive guide to funding options for merchants.
Choosing a credit card processor is likely not something you want to think about. However, it is necessary. With everything being done digitally these days, there is simply no way to be a cash only company and still successfully build a business. This being said, we do understand that it can be a difficult decision to make with an overwhelming amount of considerations. That is why we have put together this comprehensive list of factors to take into account when choosing a credit card processor.
In today’s world of electronic transactions and online gateways, customer payment information security is paramount. Fines are steep, and a lot is at risk — especially for businesses with thousands of customers. The last thing you want to do is be responsible for a payment information breach. It has the potential to cripple your business — either through fines, ruining of public reputation, or both. Many vulnerabilities exist in the transmission stage of payment processing.
Advances in technology in the payment processing industry are constantly changing the way we do business and Apple Pay is no exception. In fact, it could be argued that, in many ways, Apple Pay is leading the way. As usual, Apple is at the forefront of technological innovation and you may want to consider implementing it yourself to stay on the cutting edge of the customer experience. In this article, we would like to take a look at Apple pay and how they are changing the customer checkout experience and ultimately the entire landscape for payments at the register.
Opening a merchant account is easy. A little too easy. It only takes a few minutes to hunt down and get approved for a merchant account online. Unfortunately, this no contract needed easy approval approach to getting a merchant account often leads to scamming due to a lack of proper research. The ease and convenience is generally not worth the headache and stress in the long run. So, how do you avoid getting thousands of dollars of your own money taken from you by dishonest companies?
EMV chip card readers have all but replaced strip card readers and chances are, if you have not yet updated your terminal, you will be soon. The good news is, EMV chip card readers are easier than ever to find and there is no shortage of options. In fact, this can almost be too overwhelming, making it incredibly difficult to make an informed decision. With this in mind, we thought it would be helpful to put together a guide to EMV equipment so that you can make the best decision when it comes to your chip card reader.
If you own a small business, you are likely no stranger to the funding difficulties that come with the territory. However, there are recent trends in the industry that provide small businesses with viable financing options. A merchant cash advance can provide you with greater flexibility and greater chances of approval than your typical bank loan. If you are not aware of these types of loans and their many benefits, here is everything you need to know about merchant cash advances.
Having costs associated with running a business is impossible to avoid and there is no exception to that when it comes to the costs associated with credit card processing. As such, you will want to save on expenses where you can. With the rising popularity of using credit cards as a primary means of payment, it is a good idea for companies to do what they can to reduce the costs of credit card processing as much as possible.
We have all been in those situations where we are ringing up a transaction and the card reader, for whatever reason, will not process the customer’s card. This can be a real annoyance and so we are relieved when at this time, we remember that we can simply key in the card and complete the transaction. Seems innocent enough, right? The truth is, this is actually costing you more than you probably realize.
If you are a business owner, you know the great annoyance that can come from chargebacks. Maybe a customer claims to not have received a product or they say there is a problem with the product and a chargeback is issued. Chargebacks can also happen due to actual cases of fraud in which someone’s card information has been stolen. Many business owners believe that chargebacks are just an unavoidable part of running a company and so they have come to accept it as a necessary evil.
Subscribe to our newsletter and get payment processing news & insights sent to your inbox.
You can unsubscribe at anytime.