Posts by Chad Deatherage
What is a Payment Gateway?
More and more people are shopping online these days. It is faster, more convenient, and often also more affordable. This is due to the possibility of comparing lots more offers than in brick-and-mortar shops. If you plan to set up a business on the internet, you will need an online payment system. This will make…
Read MoreWhat Is a Merchant Account?
Being an entrepreneur, you may wonder what a merchant account is. Generally speaking, a merchant account makes it possible for a business to accept credit or debit card payments. A company must provide various requested business documentation and apply to a merchant bank for a payment processing account. These days, every industry benefits from offering…
Read MorePolicies to Adopt ASAP for Secure Online Payment Acceptance
Safeguarding customer financial details during thesecure online payment acceptance process is paramount. Not taking action to ensure your payment environment is under lock and key can make your site an easy target for online data thieves. This, in turn, creates fraud and customer distrust when it comes to purchasing online goods and services from your…
Read MoreThe Importance of Payment Authorization Forms
Is your high-risk business struggling to maintain a low chargeback percentage? Reviewing your payment authorization form procedure can help locate loopholes in your current process that may be contributing to the problem. Payment authorization forms, regardless of your payment platform, is essential to maintain with your customers. Consider this form your ‘Golden Ticket’ to use…
Read MoreHow Does the Electronic Payment Processing Cycle Actually Work?
As a business owner and merchant, understanding the payment processing cycle allows you to choose the best solution for your needs. Being familiar with the inner-workings also helps you find the best credit card processor. Or maybe you are curious as to what happens behind the scenes when you process a customer payment? Whatever your…
Read More5 Benefits of Accepting ACH Payments Online
The Automated Clearing House, or ACH, is an electronic financial payment network. It provides merchants with the ability to directly transfer funds from a customer’s bank account in exchange for goods and services. ACH payments have gained incredible popularity in recent times. The service basically eliminates the need for paper checks, which have become an…
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