Posts Tagged ‘Credit Card Payments’
Alternatives to an Offshore Merchant Account
In the modern world, clients require convenient payment solutions. Many business owners find it hard to meet this demand – mostly due to being labeled a high-risk merchant. Many businesses must seek offshore merchant accounts to meet customer demands. But are they the best option for your business? Are there better alternatives to an offshore…
Read MoreDigital Payments – The Benefits and Convenience
Key Takeaways Digital Payments: Transactions done without cash or physical checks, typically using credit cards, debit cards, or mobile apps. Process: Businesses require a merchant account. Payments are processed via a virtual terminal or online gateway and then deposited into the merchant’s bank account. Benefits: These include increased efficiency, better customer service, reduced fraud, increased…
Read MoreProcessing Web Payments? Make Sure Your Website Is Card Brand Compliant!
There is no doubt about it; accepting online web payments significantly boosts your business profits. Did you know if you currently are processing web payments, your site needs to be card brand-compliant? It does!! Visa, Mastercard, Discover, and American Express, the major card brands, require online merchants to have clear policies revealing information about the…
Read MoreHow Does the Electronic Payment Processing Cycle Actually Work?
Key Takeaways Key Players: Merchants, customers, online payment gateways, payment processors, card associations, issuing banks, and acquiring banks. Merchant Account: Obtained from an acquiring bank to facilitate electronic payments. Customer Role: Authorizes the transaction by presenting a card for payment. Online Payment Gateway: Channels card details to acquiring banks and ensures security. As a business…
Read MoreMaking the Grade with an Educational Merchant Account
Cash and check payments are becoming less common, even in the education sector. More and more people embrace credit and debit card payments – they are convenient, fast, and secure. As a school, offering parents multiple payment options is an excellent way of streamlining your receivables process. Your institution can achieve this by upgrading their…
Read More4 Must-Haves for a Property Management Payment System
Property management, as an industry, has not been left behind when it comes to embracing technology and modern payment solutions. With a robust property management payment system, you can accept rent payments online conveniently and securely. Your renters can even set up an automatic, recurring payment schedule should they wish. The ideal property management payment…
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