All Posts by PayJunction Contributor

Are B2B Payments Holding Your Business Back? Here’s How to Make Things Better

Are B2B Payments Holding Your Business Back? Here’s How to Make Things Better

Let’s set the scene: A customer visits a store, picks up an item, pays with his credit card and walks out. This is an extremely simple process, and it’s similar to how online payments work too. However, when it comes to B2B businesses, things can get a lot more complicated. There are invoices and quotes to prepare, potentially multiple departments involved that have different budgets and guidelines, plus countless hours of organizing involved, especially as transactions grow in size. If you accept B2B transactions, you’ll need to consider the systems you have in place. Do you accept…

Small Business Insurance: 3 Policies to Consider

Small Business Insurance: 3 Policies to Consider

New businesses have many options when it comes to collecting money for their goods or services. In a nutshell, the job of a small business insurance broker is to help these business owners protect as much of that money as possible. Unfortunately, many business owners elect to cut corners on their small business insurance policies and hope that they do not face a loss or a claim while uninsured. However, just one liability claim often means tens of thousands of dollars in litigation and settlement costs, and most new businesses simply don't have the resources to deal with such unexpected…

How to Build an Online Store From the Ground Up

How to Build an Online Store From the Ground Up

Every day, more people choose to do their shopping online. You can't deny the convenience of buying the products you need right from your living room, and e-commerce has become a huge industry spanning all types of retail. Business owners all over the world have seen the advantages of selling online and today it's nearly unheard of for a company not to have a website — and those who don't are missing out. Breaking into the world of e-commerce can be very profitable, but it's understandable if you don't know where to start. After all, a lot goes into the creation…

3 Considerations When Selecting Cloud Service Providers

3 Considerations When Selecting Cloud Service Providers

Payment Card Industry (PCI) compliance is an absolutely essential cog in the wheel that turns e-commerce. While it’s legal in the U.S. to not comply with PCI standards, failure to do so can result in bank fines, an inability to do business with Card Associations like Visa and MasterCard and — most importantly — put your customers’ personal information at risk. Ensuring PCI compliance can be daunting, particularly when you are operating in the cloud, but it must be addressed to be trusted in the online marketplace. How exposed is customer data among cloud providers? A 2015 study done by…

5 Mobile Fraud Prevention Tips for Your Employees

5 Mobile Fraud Prevention Tips for Your Employees

Mobile fraud is reaching unprecedented levels, and users are vulnerable in numerous ways, including the following: Apps can redirect you to fake sites that download malware onto your phone or procure your private data by imitating legitimate and recognizable sites. Email scams lead to mobile vulnerabilities because many people access email on their smartphones. SMS phishing (or smishing) is the practice of sending fraudulent messages by SMS in an attempt to acquire personal or bank information. Text messaging is susceptible to “spear phishing,” where the fraudster finds out personal information about you via social media or other online sources and…