Every business needs the ability to accept credit cards but do you know which card processing solutions are best for your business? There are a variety of options so we will talk about a few here and if you would like to find out more or have additional questions, contact us and we’ll be happy to help.
Year: 2019
Taking Checks Still a Good Idea & Other Fallout from Recent Breaches
A thoughtful analysis on Pymnts. com talks about some of the unexpected “fallout” from the recent high-profile credit card breaches. One might expect that such an event would accelerate the calls for adapting more secure “EMV” card standards here, or even spark discussions on whether customers should have ever-shifting “account numbers,” etc., as a way of minimizing security risks. And those discussions have happened.
Do You Need a Virtual Merchant Account?
If you sell products or services via a website, you are considered a virtual merchant and a virtual merchant account will allow you to process payments online. This type of account allows you to process transactions online anywhere that you have an internet connection.
The Cost of a Breach: Target Reports Profits Nearly Cut in Half
As an astute reader of this space, you have, of course, been following all the news and fallout emanating from the Target data breach, affecting upwards of 110 million customers (and of course numerous banks and credit unions who suddenly had to reissue cards, cover fraudulent charges, etc.)
Should You Still Accept Checks?
Absolutely. While credit card use has increased, many people still use checks and you could be missing out on sales opportunities if you don’t accept checks. One of the things that consumers do when shopping online is check to see if a merchant accepts the form of payment they wish to use. If they don’t, it’s very common for them to simply move on to find another merchant who does. They’ll even leave a full shopping cart online if they get to the checkout and learn that you don’t accept the form of payment that they intend to use. That means you’re putting money into your competitors pocket. Never leave any stone unturned when it comes to increasing your bottom line.
“Bank Loans Down — Merchants Turning To Cash Advances”
As your roaming correspondent(s) on matters both pecuniary and payment-based, we often find ourselves in the field to get a look, first-hand, at how the “economy” — which is to say, that system of human activity and trade involving goods, services (and various intentions) is faring.
What are the Benefits of Business Merchant Services?
Business merchant services allow you to easily accept credit card payments and checks whether at a retail location, on your website, or even via your mobile phone. If you sell services or products, you’ll need merchant account solutions to help you run your business.
2014: The Year of the Breach?
We certainly hope not. But the FBI isn’t so sure. A recent Washington Post article states that “nearly two dozen companies have been hacked in cases similar to the Target breach and more almost certainly will fall victim in the months ahead, the FBI recently warned retailers,” this “according to an official who was not authorized to speak publicly.”
Make Your Business Mobile with a Phone Credit Card Reader
A credit card reader for your mobile phone can quickly and easily make your business mobile. With a swipe, you can accept credit card payments from anywhere that you are able to connect to the internet. Many businesses that had to rely on cash transactions are now using a phone credit card reader to take their business to the next level and start accepting credit cards.
