Author: admin
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Why Plastic and Cash are Losing Popularity, and Why That’s Ok
When someone wants to pay for something at a register, they usually reach for the credit card or a wad of cash. That’s beginning to change, though, as smartphone adoption rates rise. One major reason why is that the concept of a digital wallet is finally becoming reality. Digital wallets are accounts online that remain…
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Why Transfer Speed Matters in eCommerce
Transfer speed refers to the speed at which money is transferred between merchant accounts and customer bank accounts. Transfer speed is important, because it determines when you’re paid for the work or items you’ve sold. For small businesses, transfer speed plays a major role in operations for the first few years, as it can impact…
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Do You Still Need a Credit Card Terminal?
The future of the payment gateway is starting to look like it lies in mobile, so some businesses that are looking to cut costs have a question: is the terminal still worth it? Is the now old-fashioned cash register slowly going the way of the dodo? Before you make some snap decisions, here are some…
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Why Customer Service Is Important For Merchant Account Holders
Customer service probably isn’t the first thing you think about when you’re trying to consider credit card processing services offering competitive rates. You’re usually thinking about the costs to your business, so you can control overhead. That’s not the wrong approach, but don’t just dive into an account with great rates. What they lack in…
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The Pros and Cons to a Cash-Only Business
By Phineas Upham If you’re looking to open a retail business, you might be wondering whether you’ll need a merchant account or if you can get by as cash only. The good news is cash is the most common form of tender, and it’s only up until recently that the idea of a cash-only business…
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Every Business with a Merchant Account Needs to Know About This Fee
Merchant accounts have two fairly common pricing tiers consisting of three and six-tiered pricing. This is by design, of course, because these are the easiest pricing tiers to explain to potential buyers. All fees present some form of risk to the merchant, but chargebacks present the greatest potential risk to banks and providers so merchants…
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8 steps to fighting chargeback fraud
Credit card chargeback fraud is a persistent problem for merchants and can be hard to detect. But there are ways small-business owners can fight back. Fraudulent chargebacks include cases of identity theft and so-called “friendly fraud,” in which a customer deceptively says a product or service was never ordered or was not delivered. Friendly fraud accounts…
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Accept credit card payments in real-time
Written by SecureNetShop When it comes to starting your online store or accepting payments via your website, setting up a shopping cart system might be an easy task. The method has changed from the use of offline machines that would be charging for online transactions and has been made simpler because of credit card processing…
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Partnering with an order fulfillment service
Written by USA2Me If you are the owner of a web store or a small business that offers postage of packages, you might find that partnering with an order fulfillment service is more cost effective than offering the service in-house. The reason behind this is that the fixed costs involved in hiring carriers and purchasing…
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Credit Card Transaction Services
Written by SecureNetShop When it comes to businesses with an already established website with an online store and shopping cart system, setting up an online payment processing system is relatively easy. Transition from using an offline machine to charge for online transactions is simpler thanks to credit card processing services. The service basically handles all…