Healthcare Credit Card Processing: Choosing the Best Merchant Services for Your Small Medical Business Over the past several years, doctor’s expenses have gone up faster than before, while payments from insurance companies have come down. Recent estimates have found that the average medical practice overhead these days is between 60% to 70%. Coupled with numerous healthcare […]
7 Payments Experts and Influencers to Follow in 2019 (and Beyond) An important component of keeping your competitive edge as an entrepreneur is staying abreast with news and developments in the world of business, tech, and payments. Being aware of significant trends can help you anticipate changes in your market so you can plan accordingly. […]
How to Discover Credit Card Processing Hidden Fees: A Quick Guide Credit card processing is a confusing topic for most business owners. How do you know if you’re getting a good deal, or if a processor is ripping you off? Complex pricing, hidden fees, and smooth-talking salesmen can make it challenging to get to the […]
Quickbooks Credit Card Processing: Reviewing Intuit’s Merchant Services Today, we are reviewing Intuit’s Quickbooks’ credit card processing services. Please do not confuse this review with Intuit’s very popular QuickBooks accounting software. And, maybe this confusion and lack of differentiation is the perfect place to start this post. Almost everyone has some understanding of what Intuit’s […]
12 Ways to Prevent Credit Card Fraud at Your Business in 2019 The idea of being defrauded isn’t pleasant, but it’s something that every business owner needs to think about. Fraud incidents are a real possibility for any business, particularly if you accept credit cards. According to the American Bankers Association, in 2018, there were […]
What is a Merchant Account? 5 Essential Things You Need to Know By Jasmine Glasheen A merchant account isn’t just any old bank account. Processing customer payments through your merchant account is one of the most important aspects of running your business. Why? Simple: it’s how you get paid. Yet finding the right merchant account […]
6 Reasons Your Merchant Account May Be Denied — and What to Do About Them It’s a relatively rare occurrence, but from time to time, banks or credit card processors can deny a business’ merchant account application. Whether you’ve experienced getting denied or are planning to apply for a merchant account and want to increase […]
PayPal Updated Its Refund Policy. Here’s What Sellers Need to Know (and Do) About It Have you heard about PayPal’s policy updates? Beginning May 7, 2019, PayPal will no longer be returning seller fees whenever a buyer asks for a full or partial refund. According to the company’s announcement: We’re changing how we treat refunds. […]
How Credit Card Processing Works: Who’s Involved and What Happens? By Alexandra Sheehan In 2017, credit cards were used for more than 60% of consumer payments (by dollar spent), according to the Wall Street Journal — more than any other form of payment. How do those credit card transactions turn into dollars in your business […]
What’s the Best Way to Accept Credit Cards If You’re a Small Business? By Jasmine Glasheen Your small business needs to accept credit cards. After all, 75.7 percent of customers have at least one credit card and over 6/10 of Americans believe that we will soon be a completely cashless society. Despite the necessity of […]
Everything You Need to Know About Interchange-Plus Pricing If you’re shopping around for a credit card processor then you’ve likely come across interchange-plus pricing. This is a term that’s used to describe a pricing model in which the credit card processor breaks down the fees that go to the bank or credit card issuer and […]
Merchant Services Reviews: 8 Sites to Check Out When Shopping for a Payment Processor When your business needs to get a merchant account, just starting the search can be overwhelming because of the hundreds (literally) of options available. How do you know which companies are reputable and which ones are full of hot air? That […]
Reviewing Square’s Merchant Services and Fees: Is Square Right for Your Business? By Meaghan Brophy Square is a point-of-sale and payment processing service for small businesses that has hundreds of thousands of users nationwide. It’s free to create a Square Payments account, and the Square point-of-sale (POS) app can be downloaded for free on any iOS […]
Credit Card Interchange Rates: What You Need to Know About Payment Processing Fees By Jasmine Glasheen Researching credit card interchange rates isn’t the most exhilarating aspect of running a business, nor is it the easiest–– especially you’re faced with niche financial terminology that few people understand and even fewer have the capacity to explain. However, […]
Finding the Best Merchant Account for Ecommerce: 4 Steps to Take As an ecommerce business, you know the credit card processing rates can be a lot more expensive than your brick and mortar counterparts because your customers’ cards are not present during online transactions. Since you have a more expensive cost associated with your online […]
4 Questions to Ask Yourself When Selecting a Credit Card Processor As a business owner, it’s important to provide your customers with multiple payment options so you don’t have to worry about turning anyone away simply because you don’t offer the payment method they prefer. With the rise of today’s forward-thinking payment methods like digital […]
5 Things Your Payment Processor Isn’t Telling You Credit card processing is a confusing subject at the best of times, and it doesn’t help if your processor doesn’t tell you key information. Here are a few of the most important things that your payment processor isn’t telling you. Prices are Different for You than Other […]
Should You Lease a Credit Card Terminal? The short, definitive answer to this question is NO. You should never lease your credit card machines because doing so will cost you a lot more money in the long run. If a provider or agent is encouraging you to lease your terminals, they’re not looking out for your […]
Is PayPal Merchant Service Right for Your Business? Decoding PayPal’s Merchant Fees By Jasmine Glasheen PayPal is one of the few payment processing platforms that has become a household name, and it is the most popular digital payment platform on the market. This may lead you to think that PayPal is also the most effective […]
Home Care Services Company Reduces Monthly Credit Card Fees by $1,000 Fact: Consumers in the United States are increasingly using credit cards to pay for medical expenses. According to MSN Money, up to 27 million American are putting medical expenses on credit cards, costing consumers an average of $471 a year. A big part of this is due […]
