Is your company following all of the right steps to maintain PCI compliance? It often feels like there are never-ending compliance details that need to be met for all aspects of your business. But, it is important that you put the systems in place to avoid problems in the future. Here are a few easy
As a small business owner, is it a good idea to add credit card surcharging to customer transactions? Most businesses know that they need to accept credit card payments or they risk a loss of sales. But, it can be disappointing to see the money that is lost due to the high cost of processing
Gift cards are the most requested gift item on people’s holiday wish lists. Whether you are a small or large business, it is important that you offer gift cards to provide options for your customers. Many small businesses want to accept gift cards, but they assume that gift card use is only for large merchants.
When you look at the amount of money that you are spending on credit card transaction fees, it is understandable why many company’s add-on surcharges for credit card payments. Do you know if surcharging is a legal practice? What is Surcharging? The practice of surcharging means that a business adds a fee that is imposed
In our digital world, more and more businesses and customers are wanting to pay for products and services with credit cards. If you work in a business-to-business or business-to-government environment, then it is important that you can accept credit card payments. Most of the time, the clients don’t want to pay for these transactions
Interchange is the cost associated with credit card processing: the underlying percentage rate and transaction fee. There are over 300 different interchange rates and fees, so the cost can vary depending on many factors. Typically, a higher risk transaction will cost the merchant a little more. For example, card not present or eCommerce transactions will
Credit card companies are moving from the mag stripe to a chip technology for payment processing, leaving many customers wondering why this change is necessary. Here’s an explanation to help you learn more about the technology: Old Mag Stripe Technology The mag stripes use old technology that dates back to the 1980’s that was used
Do you know what happens when you process a credit card transaction from a customer? Your merchant processor will handle the behind-the-scenes details. But, it is helpful for business owners to know what is going on when the credit card is swiped. How Credit Card Transactions are Verified A credit card transaction can be processed
Are you new to credit card processing? If you aren’t familiar with the industry, then it is a good idea to learn a little bit about the technology and options that are offered. Our team is interested in your success, and we are happy to help you get started. You are always welcome to contact
Payment processing is a critical feature for all small businesses, but some companies find it difficult to find the merchant processing services that meet their needs. Luckily, the internet has leveled the playing field, making it possible for small businesses to compete with bigger competitors. Options have opened, giving you the opportunity to choose the
