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The costs of goods, supplies and labor are rising for business owners of all types and sizes. Passing a portion of card acceptance costs to customers for purchases helps businesses create savings without raising prices overall.READ MORE
The costs of running a business continue to rise, from the soaring costs of goods and services to higher employee wages, straining margins. So it’s no wonder that business owners face tough decisions: raise prices across the board or absorb the extra costs. Fortunately, when it comes to controlling the rising costs of accepting credit cards, there’s a solution that helps merchants offset transaction fees. It's called credit card surcharging, and it’s gaining momentum. In a 2022 survey by PYMNTS.com, about 80% of cardholders reported paying a surcharge.READ MORE
Cut the cord with PayJunction’s Portable Terminal that allows businesses to service customers and complete payment transactions away from a centralized checkout. The hand-held, mobile credit card reader lets you take payments anywhere near a Wi-Fi signal or cellular hotspot: in aisles, exam rooms, service floors, pop-up locations, curbside, and on the road.READ MORE
PayJunction swept up during the 2023 awards season, taking home three Gold Titan Awards, one Gold Globee, one Silver Stevie® and the Business Intelligence Excellence in Customer Service Award.READ MORE
What is a Card-On-File Transaction? The shift to digital interactions has sky-rocketed in recent years, primarily due to consumers’ increasing demand for fast, frictionless experiences. One area that has seen rapid adoption and growth is payments, driven by the rise of Apple Pay, Google Pay, PayPal, and Venmo, the ease with which a person can pay for goods and services. Companies like Uber, Lyft, Grub Hub and Instacart have made it the norm to pay without entering card details for each purchase. This is a practice called Credit Card On File.READ MORE
This article was originally published on LinkedIn.READ MORE