Credit Card Processing Credit Card Processing

Everything You Wanted to Know About Chip Readers (But Were Afraid to Ask)

Chip readers are just another trendy add-on designed to make us upgrade our equipment and payment methods, right? Wrong. When you’re a merchant it may seem like you’re constantly having to adapt to new technology — for better or worse. However, when it comes to chip readers, they’re actually a highly beneficial tool for your […]

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5 Ways to Better Protect Your Customers’ Financial Data

As a merchant, protecting your customer’s financial data should be a primary concern. If you become slack in this area, you risk compromising your customers’ safety and your reputation as a business. With mobile payments and credit cards becoming increasingly popular ways to pay for goods and services, criminals have come up with new and […]

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6 Reasons to be excited about Tap and Pay (NFC)

Near Field Communication (NFC) otherwise known as “tap and pay,” is becoming an increasingly popular payment method — and for good reason. NFC allows customers to simply tap or wave their card over your terminal to make a payment. It’s also the technology behind mobile wallets, which allow users to make purchases directly from their […]

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What Are Merchant Cash Advances and Are They a Good Idea for Your Business?

As a business owner, you may have heard the term Merchant Cash Advances (MCA) thrown around and wondered whether you should take advantage of them. For starters, Merchant Cash Advances allow merchants to get an advance on their future revenues. Essentially, you’re selling a portion of your future sales in order to get an advance […]

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6 Things to Look For in a Credit Card Processing Company

Running a cash-only business simply isn’t realistic. If you’re going to grow your business, you need to be prepared to accept credit and debit cards. (According to a recent study by Intuit, 83% of small businesses that began accepting credit cards saw an increase in sales.) This means choosing a credit card processor. First thing […]

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Should you charge your customers a credit card processing fee? Here’s what you need to know

There’s an old adage: just because you can, doesn’t mean you should. As a business owner, you might be considering charging your customers a credit card processing fee. Charging the customer is an easy way of offsetting your own costs in that area. However, just because you can do this doesn’t mean that you should. […]

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Decoding your bill: how to understand the fees on your monthly credit card processing statement

Trying to get a grasp on your monthly credit card processing bill can make you feel lost, with a bunch of hard to decipher numbers and what-the-heck-does-that-mean jargon laid out before you. As a business owner, you want to make sure that you’re not paying more than you have to for credit card processing and […]

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Here’s Everything You Need to Know about Mobile Payment Processing

When it comes to credit card processing, the future really is mobile. According to a recent Juniper Research study, by 2023, mobile point of sale systems (mPOS) will account for close to a quarter of all POS transactions globally. That’s an estimated 87 BILLION transactions annually. It makes sense. From arts and crafts vendors and […]

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How to Navigate Credit Card Processing as a High-Risk Merchant

“Cash only” is so three decades ago. If you’re going to be running a business in 2018, you need to provide your customers with the option to pay by credit or debit card — no ifs, ands, or buts. If you’re an online business, you can probably get away with having PayPal as your sole […]

Posted in Credit Card Processing, ECommerce

Is American Express Growing Faster than Mastercard?

American Express was founded all the way back in 1850. Since credit cards obviously weren’t around yet, the company’s roots were in express mail. In 1891, Amex expanded to traveler’s cheques. This helped them create a global presence. After first discussing the possibility of a charge card in 1946, the company spent over a decade […]

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