Accepting Credit Cards: 5 Tips on Selecting the Right Processor PartnerIt’s practically a given today that any business that sells something will accept non-cash payments – or more commonly known as accepting credit cards. That also means that they will accept debit cards too. Even though there are still some hold-outs who only accept cash…
Why Surcharge Doesn’t Have to be a Four-Letter WordWith increasing pressures on financial performance, companies continue to look for ways to improve – or even keep steady – their operating margins. And in some sectors, many companies are now embracing surcharges on credit card payments as a way to address those pressures. Or more simply…
Covering the Cost of the Transaction: There are Choices for the Merchant BusinessIn every scenario, there is a cost associated with a transaction. A financial cost, a human resource cost … even the cost of time and allocated bandwidth. And in most transactions of significant financial value, the direct financial cost is often – if…
A customer’s checkout experience is crucial. No matter how good the service was—or how much the customer ended up buying—if there is a breakdown during the checkout process, that’s the only thing that will likely be remembered. In today’s marketplace, it is more important than ever to have a frictionless customer experience or you will…
Most business owners know how important it is to be able to accept credit cards as a form of payment. It is one of the primary ways to increase sales and provide a better customer experience. However, with credit card acceptance comes the potential to be defrauded. Here are four effective ways to prevent credit…
There are several fees associated with accepting credit card payments at your business, and the interchange rate should be one that every retailer is familiar with. However, despite the major role these fees play in the retail business, interchange rates can often cause confusion, and many retailers don’t understand just how much it adds to…