Posts Tagged ‘Merchant Account’
5 Ways to Reduce Credit Card Processing Fees
Key Takeaways Understand different pricing models: Learn about flat-rate, tiered pricing, and interchange plus structures to find the best fit for your business. Reduce non-processing fees: Negotiate and review additional fees like maintenance, PCI non-compliance, or rentals to minimize costs. Optimize transaction types: Prioritize lower-cost options such as debit transactions and swiped payments. Use address…
Read MoreScared of Web Payment Acceptance? Here’s Why You Shouldn’t Be!
Web payment acceptance of credit cards, debit cards, and ACH is a big concern for many business owners. The idea of receiving money out of ‘thin air’ and via the vastness of our electronic world is an overwhelming concept, especially if you are used to dealing with cash. However, irrespective of how you perceive web…
Read MoreAccept eCheck Payments Online
Key Takeaways Accepting eChecks can benefit businesses by providing a straightforward and flexible means of electronic payment. eChecks are processed faster than paper checks and can be used for online purchases. eChecks are as secure as EFTs and wire transfers, while often having lower fees. Taking precautions can minimize fraud risks when accepting eCheck payments.…
Read MoreWhat is 3-D Secure Authentication?
The move away from using cash as a payment method means fraudulent transactions presents a much higher risk than before. With increasingly sophisticated attempts to fraudulently access funds, it’s clear more protection is needed for both merchants and consumers alike. As a result, 3-D Secure Authentication was launched initially by Visa via their Verified by…
Read MoreFirst Time Accepting Card Payments? Here Are Some Vital Rules to Follow
Accepting credit and debit card payments provides convenience for your customers. Most consumers have come to expect it, and some will turn to your competitors if you fail to offer it. Besides, credit and debit card payments help you get paid faster than alternative payment methods. Cash is the fastest, but purchases in cash have…
Read MoreThe Top 3 Ways To Collect Online Payments In The Digital Age
There is no doubt that the digital age is upon us. For the most part, anything sold in brick and mortar stores is now also sold online. Selling goods and services online means consumers need a safe way to pay online. Technically speaking, there is no need for one to leave their house. This fact…
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