As a small business owner, there are several mistakes you must avoid if you are going to find to a payment processor who will suit your needs as your company grows. However, if you are just starting or keen to develop your business, it’s easy to forget to ask the right questions, and by then,…
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The one thing every retailer dreads is a hack or other form of security breach. However, the vast amounts of personal data a POS system can hold will always be a target for criminals; most credit card/debit card payments are made via POS systems, this results in rich pickings for cybercriminals or gangs seeking huge volumes…
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Chip cards have been one of the most significant changes faced by retailers in the U.S. in recent years. However, the switchover has been far from smooth with merchants facing delays in their terminals being certified, and some small businesses have been slow to introduce the new technology. 70 percent of consumers now have chip cards…
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Efficiency is one of the ingredients for running a restaurant and it isn’t just about keeping the customer satisfied by providing a fast, professional service. Successfully managing a restaurant business also involves effectively managing the admin and the inventory side so you can minimize wastage and maximize profits. Running a successful restaurant business is often…
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As a business owner, you understand the importance of protecting proprietary data. That includes the information collected during a transaction with a vendor or one of your customers. Choosing to incorporate the right type of measures into your overall data security strategy minimizes the odds of someone hacking into your company network and stealing credit…
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Learn why interchange plus pricing is one of the fairest and affordable pricing models available. If you run a business, you know that accepting credit and debit cards is extremely important. Many consumers no longer even carry cash. Therefore, accepting credit and debit cards directly influences your bottom line. On the other hand, credit and…
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As a new business owner, you’ve made the decision to accept credit and debit card payments. That means you will need to work with a merchant provider to come up with the most practical approach to accepting electronic payments, and ensure the funds are transferred to your bank account in a timely manner. As you…
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Not everyone understands that nonprofit organizations have to pay credit card processing fees just like any other type of entity. The thing to remember is that the board and others who are involved in the operation of the entity do have options. With the right approach to card processing, it is possible to keep the…
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Even if you operate a small business, there’s a lot of information that must be tracked. Think of the data that you accumulate as a new customer comes on board. There’s the information needed for a basic client profile, including billing data like purchase orders, client and matter numbers, or cost codes that must be…
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As you talk with different merchant service providers, one of the issues that must be addressed is the interchange fees or costs that apply to each transaction. Many business owners don’t realize there are ways to manage those costs and still have excellent service and protection through a provider. Here is some information about what…
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