Interchange Plus Pricing

Interchange Plus Pricing VS Tiered Pricing

These 2 pricing methods are very different. According to an article on merchantnegotiators.com, It is most common for credit card companies to charge their merchants by the tiered pricing model. The article further explains that this model splits all transactions into different tiers, usually 3 or 6. Each tier has a fixed amount to charge each transaction…

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Holiday Preparations for Small Businesses

Holiday Preparations for Small Businesses

The holidays are the busiest time of year for many businesses. That is why holiday preparations for small businesses are so important. When businesses are extremely busy it can cause more stress on the employees. Being properly prepared will help decrease stress and will enable your employees to work more effectively. Joshua Sophy’s article on smallbiztrends.com…

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Entrepreneur Success Tips

Entrepreneur Success Tips

Being an entrepreneur takes hard work and dedication. It is imperative to stay on top of industry trends since they change yearly. In addition, if you want to be successful as an entrepreneur, it can be extremely beneficial to have a mentor, according to Sujan Patel’s article on entrepreneur.com. Choosing a mentor that is successful in your…

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PCI Compliance Requirements

PCI Compliance Requirements

PCI stands for payment card industry. PCI compliance ensures the safety of credit card information during and after all transactions, according to an article from searchcompliance.techtarget.com. The article also lists the 6 main requirements for being PCI compliant. First you want to make sure that the network that you are maintaining is secure. Many merchant service…

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business owners

Business Owners: Do Not Make These Mistakes!

Running a business takes a lot of hard work. Learning from the mistakes of other business owners can help you better run your business. The first mistake many business owners make, according to Brandon Lucero’s video on youtube.com, is trying to do everything themselves. If you do everything yourself than you are limiting the growth…

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