Real solutions to streamline your business.
Featured Resource: Assess Your
Merchant Statements
Let’s consider a scenario: You’re an office manager and it’s the end of the month. You have 80 monthly subscribers you need to bill for your services, which means 80 authorization forms to mail out, 80 checks to look for in the mail and 80 deposits to your business’s bank account. For those who are late making their payments, you have to follow up and impose painful late fees. This process could take a good week or two, and will start all over again in a few short weeks when the next month’s payments are due.
READ MOREWe all know the trope “with great power comes great responsibility.”
READ MOREWhen a customer buys a coat and decides he no longer wants it, he can visit the store and return the jacket to receive a refund. Seems simple enough. But what about when the purchase is for a service, like a deposit for a medical procedure? There’s no item to return, so the customer doesn’t have a good reason to visit to the clinic if he decides he no longer wants to go through with the procedure.
READ MOREThere’s a lot to consider when you’re starting a new business or even just updating your payment processing; and your rate plan can greatly impact your bottom line. We’re going to review two common rate plans side by side: Flat vs. Tiered pricing.
READ MOREIf your business is on Interchange pricing, you may think you have the most transparent rate plan. This is a fair assumption, so long as you’re being charged true Interchange.
READ MOREYou're setting up your company’s credit card processing and are considering your rate plan options. If you’re concerned about costs, you’ve likely narrowed your research to Tiered and Interchange plus pricing.
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