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What Are Credit Risks for a Business?
Owning a business is a risky situation. Not only do you have to manage your own business finances, but you have to be aware of entering into risky business situations with customers who are credit risks. Bradstreet, a company that manages over 140 million credit...
How to Protect Your Business and Win at Chargebacks
Chargebacks can have big financial consequences for merchants. In fact, penalties and fees are often charged by banks and card companies in order to persuade merchants to limit their chargeback frequency. And while a merchant who has a chargeback rate of greater than...
Mobile Payment Trends to Watch out for in 2017
The latest advancements in mobile technology led to the introduction of convenient services, such as mobile payment systems. Smartphones have gone beyond the call of duty, as businesses and banks are now leveraging the Internet of Things (IoT) to expand their reach...
Best POS Systems 2017
Your POS system is the lifeline of your operations. But choosing a POS system can quickly become overwhelming. So we did the leg work for you to help you find the right POS system for your business. From traditional POS systems (POS stands for point of sale, by the...
How Our Virtual Terminal Can Change Your Life
A virtual terminal is an online payment processing platform that operates as a link between your computer and the processing-powers-that-be. With our cloud-based system, you can operate your business from anywhere, and you gain all of the operating functionality that...
Do You Really Need a Merchant Account?
The Statistics According to the U.S. Census Bureau, there will be a projected 181 million credit card holders living in the country this year. That’s over half the population. I could get into even more detail about the numbers, but it’s pretty obvious that if you...
What is a Virtual Merchant?
A virtual merchant is a website that sells goods and services to the public via online transactions with debit and credit card processing. The end result is a fully online experience where consumers can virtually visit a store to browse goods, purchase them fully...
Four Tips to Prevent Ecommerce Credit Card Processing Fraud
Credit card fraud can cost small businesses as much as twice the original amount of the transaction because of lost merchandise, investigations and chargeback fees. Even when the fraud is uncovered, it's a costly, frustrating and time-consuming situation for...
What Are Payment Gateways and Payment Processors?
Are you ready to start an online store? While it’s an important decision to make for your business, it can be challenging to determine which payment service is the best for your eCommerce business. To help you make that decision, this post will go through what payment...
Payment Gateways: 10 Questions to Find the Right One for You
What is a payment gateway? The main job of a payment gateway is to validate your customer’s credit card details securely, make sure the funds are available for the payment and get you paid. A payment gateway is a service that authorizes credit card payments for online...