Real solutions to streamline your business.
Featured Resource: Assess Your
Merchant Statements
Green technology has experienced an undeniable uptick over the last decade. Investments in renewable energy reached $286 billion globally in 2016 and accounted for over half of all added power generated. Smart homes are catching on, enabling homeowners to be more energy efficient and Tesla, Inc. stock is enjoying a lofty price of $305.30 a share.
Christina Lavingia
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Picture this: Piles of paper receipts stored in boxes, walled off behind storage unit doors, meticulously organized yet barely protected. This expensive and tedious plight is a reality for businesses in nearly all sectors, because receipts are the best defense in the event of a chargeback. That said, a paper receipt is useless if it’s faded, damaged or lost.
Christina Lavingia
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Address Verification System (AVS) is a common fraud-prevention measure for card-not-present transactions. AVS checks that the purchaser is in fact the cardholder by requesting the address and ZIP code for the card and comparing it to the bank’s records. Presumably, a fraudster would not know this information and would be prevented from making an e-commerce or over-the-phone purchase.
Christina Lavingia
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Why don’t businesses accept American Express as commonly as Visa and MasterCard? Traditionally, a huge profit driver for Amex was its high Flat-rate processing, making it more expensive and less appealing to businesses. True to form, Amex also operated a bit differently than Visa and MasterCard when it came to the configuration of its merchant accounts until now.
Christina Lavingia
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Credit card fraud is bad for everyone but the fraudster. As a consumer, you might spot fraudulent transactions on your credit card statement that send you into a panic. You’re anxious to receive financial reimbursement, safeguard your identity and determine how your payment information was obtained.
Christina Lavingia
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There’s not one right way to launch a business venture. Some believe the right advice and mentorship is crucial; others argue advice is often overly influenced by particular circumstances. When asked whether they wish they’d invested more time or money in their businesses, 60 percent of business owners said money according to a survey by The Alternative Board; however, monitoring cash flow is vital to survival. There are nuances given the industry, financial circumstances and market conditions that render a one-size-fits-all approach impractical.
Christina Lavingia
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