Many individuals opt for a credit card holder over a traditional wallet simply because of the ultra thin design of these products. Another option is to choose a holder of this type to keep cards, cash and more organized in their purse. It’s a matter of personal preference, yet manufacturers understand the popularity of these...
Credit processing can be a complicated process, but it’s important for store owners to understand bankcard services and how to choose the right processor for their needs. By taking the time to understand what fees might be assessed and how it can impact the amount they receive for any purchases, the business owner can figure...
As a business owner when you have a start-up business, want to expand an existing one or you’re already established, one major decision you need to make is the mode of payment in today’s high-tech market including electronic payments. Today, most businesses are shifting to a cashless system where the customers use credit and debit...
A chargeback is the result of an action taken by a cardholder who disputes a credit card transaction through their credit card issuer. The card issuer initiates a chargeback against the merchant’s account and the funds are withdrawn unless the chargeback is reversed. Typical Chargeback Reasons Both Visa and Mastercard have different chargeback reason codes…...
As an owner of a business, using credit cards is essential to ensure that your company keeps going and enables its growth. For most business owners, options such as purchasing a large sale system or wireless terminal are not always convenient. Luckily, there are other alternatives such as mobile credit card processing. If you usually...
High-risk merchant accounts are credit card processing accounts where the processing banks deem the merchant as high-risk. Why Do You Need To Apply For a Merchant Account? In a simple way, you need to obtain a merchant account for your business to accept and process both credit & debit cards. Reasons Your Business Can Be...
A merchant account is a unique type of account whose purpose is to process credit or debit card transactions and deposit to a business’s bank account. If your business allows the use of credit cards for payment, it is necessary to have security steps that make sure that the customers’ information is secure. Take a...
As a business owner, when you apply for a merchant account, you are often torn between the idea of having a processing terminal or not. If you come to the conclusion that you need one, the next task is finding the appropriate processing terminal. Choosing a processing terminal is not an easy task as there...
An electronic payment refers to any payment method that does not involve cash, but rather a debit or credit card. There are many electronic payments today in the market, and they continue to develop. Here is some information about some electronic payment methods. Some electronic payment methods to look out for… Card-Present Transactions For businesses that...
Due to the increased spending that occurs during the holiday season, scammers and thieves anxiously sit behind their computers with clever new ways to take advantage of both consumers and merchants. Since today more and more shopping takes place online, this makes it even easier for thieves to defraud innocent shoppers. The Internet is littered...
