To process and manage your business transactions, you need to secure business merchant services from a reputable merchant account company. But with all of the merchant account companies out there, how do you choose? Here are a few tips for selecting your provider.
Category: Merchant Services
Go Mobile with a Credit Card Reader
No matter what business you’re in, a mobile phone credit card reader can put your business on the go. Imagine the possibilities when you are no longer limited to checks and cash transactions. Imagine being able to set up shop anywhere you’d like and accept payment in any form, including plastic. You can also eliminate the problem of losing up sell opportunities because your customer only has a limited amount of cash. Options start opening up and your bottom line starts increasing.
The OpenSSL / “Heartbleed” Bug: Biggest “Hack” Yet?
Well, readers, this is the kind of news we wish we didn’t have to report. On the heels of the weeks and months reporting the details of the too-large Target and Neiman-Marcus data hacks, comes news of what may be the internet’s biggest security glitch… ever.
“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.
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.
Fed Update: They’re Listening. Probably.
They wanted to hear from merchants, processors, bankers, and other, about what could be do to further bring the payment system here in the U.S. (and the way that payment system interacts with systems outside the U.S.) even further into the 21st century, in terms of speed, convenience, security, etc.
First Data’s Data Points to Stronger Holiday Season
An analysis from the First Data Corporation shows a discernible uptick in consumer spending in the period heading right into the holiday season — namely, the month of October. For that four-week period, their “SpendTrend” analysis tracked “same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations.”
Cards in Hand: What Your Customers Like Using Charge and Debit For
Georgia-based Total Systems Services Inc., or TSYS, is out with their 2013 Consumer Payment Choice Study. And while the main purpose of the study was to find out how anxious, or ready, customers were to turn their mobile devices into wallets, though the secondary information in the survey — what types of plastic consumers prefer for which kinds of transactions — was perhaps just as illuminating.
Holiday Cash For Your Business, With a Merchant Cash Advance
Being the faithful AVPS Blog reader that you are, you’ve seen where there will be a large surge of holiday shoppers online; you know that your customers will be “showrooming” with their mobile devices; you want to advertise more as the economy slowly regains ground; you need to order more merchandise for the upcoming spike in sales.
