Whether you’re a new entrepreneur looking to set up your credit card processing equipment for the first time, or a seasoned business owner shopping around for a new solution, having the right credit card machine is critical. The hardware market is saturated with a large range of devices that, more or less, have the same […]
The high cost of credit card processing is a point of contention globally. No one likes credit card fees. In the US, surcharging has been fought in court and card issuers (in some states) have had to be flexible. And while these efforts won’t lead to lower credit card fees, small business owners now have […]
Credit card declined codes aren’t what you hope to see with your payment processor. When this happens, your customer might not be able to walk away with a product—and you won’t receive any money for a sale. There are numerous credit card decline codes that can occur, and while some are easily fixable, others require […]
It goes without saying that every modern company needs to accept credit card payments. Paysafe found in April 2022 that 59% of consumers use debit cards, 51% use credit cards, and 33% use digital wallets. Simply put, consumers no longer want to pay for things using paper cash. 41% of Americans actually report they do […]
Sifting through the noise to find the right payment provider is tough. There’s jargon, marketing spin, and myriad features being touted. But do you really know what you need? It’s not just you feeling like these comparisons are getting harder. The payments industry is changing so rapidly. Undeniably the pandemic accelerated digital payment technology. Small […]
Simplified Transactions and an Enhanced Customer Experience There was a time when a cash register, cash drawer, and spreadsheets were all that you needed to accept payments and record transactions at your retail store. But running a modern brick-and-mortar or eCommerce store requires a lot more than that today. You’ll need to process transactions, track […]
As the global payments industry continues to expand, the United States credit card industry has also racked up impressive growth. On January 3, 2023, market research firm Insider Intelligence reported that United States 2022 credit card volumes reached $3.089 trillion. To process this huge volume of transactions, many businesses work with payment service providers (or […]
Accepting secure payments should be a priority for every small business. After all, 87% of small businesses are likely to be the victims of attacks that may compromise customer data. Choosing a trusted payment processing partner is, therefore, one of the most important decisions you need to make. For SMBs, ensuring payment security and controlling […]
As the global digital payments industry continues to grow, American consumers are taking a bigger slice of the pie. A recent report estimates credit card transaction volumes in 2022 to have reached $3.089 trillion. Card issuers also began offering more flexible payment options and rewards cards. Retail stores, small eateries, and mobile businesses may choose […]
Every small business owner today has the power to transact in the palm of their hands via mobile payment processing — you don’t need a clunky point of sale (POS) machine any longer. Your phone, some software, and a tiny piece of hardware are the only tools required to take credit card payments today. Mobile […]
